Citrus Park Village Development Opportunity

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30011396
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Status: Pending/Contingent
Gross Land Area: 1.27 Acres
Sale Price: $795,000
Unit Price: $625,984 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/7/2018

Overview / Comments

Located directly beside the Citrus Park Village running trail and within walking distance to schools, restaurants, businesses, Citrus Park Mall, and ball fields; 3 connected parcels, approximately 1.27 acres in total available with 260 ft of Ehrlich Rd frontage. Zoned CPV-A1 (Citrus Park Village) which allows for 24 units/acre, office space, commercial general uses, and retail.

7509 Ehrlich Rd: 30,732 sq ft. total - 156ft of Ehrlich Rd Frontage PIN (U-02-28-17-03V-000054-00005.0)
14502 Basswood Av: 9,464 sq ft. total - 104ft of Ehrlich Rd Frontage PIN (U-02-28-17-03V-000054-00021.0)
7504 Altaloma Av: 10,920 sq ft. total PIN (U-02-28-17-03V-000054-00001.0)

Call Ray Prendes at 813-784-6191 or Cydney Henley at 806-344-7587 for more information.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: U-02-28-17-03V-000054-00005.0
Zoning: CPV-A-1
Property Located Between: Gunn Hwy & Veteran's Expressway
Property Visibility: Excellent
Largest Nearby Street: Ehrlich Rd
Feet of Frontage: 260
Highway Access: Veteran's Expressway
Airports: Tampa International
Site Description: The parcels are located directly by the Citrus Park Village trail and Ehrlich Rd. The perfect location to make any commercial, retail, office, or multi-family use thrive. The site is located a short distance to Citrus Park Mall, successful restaurants and businesses, elementary/middle/and high school. As a major focal point in the Citrus Park Village planned development, this location presents itself as an excellent development opportunity with the county supporting it through its development district build-out codes.
Area Description: The Citrus Park Village Plan strives to achieve a well-balanced combination of residential, recreational, commercial, and public uses served by a trail and transportation network, while preserving the layout and character of existing neighborhoods. The existing, historically platted grid system provides a framework within which special areas adjacent to major arterials can be developed in a mixed-use commercial, office, and residential format which enhances the area's character and ambience. The Plan also strives to promote the development of a Town Center, ensure management and conservation of the natural environment, and ultimately manage growth so the delivery of public facilities and services will occur in a fiscally responsible manner while supporting redevelopment and new development within the Plan boundaries.
Lot Frontage: 260
Lot Depth: 197
Zoning Description: CPV-A1 (Citrus Park Village - subdistrict A-1); Allows for CG "commercial general" uses, 24 multifamily unit, retail, office
Part of Planned Development?: Yes
Development Name: Citrus Park Village
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,429 81,513 210,866
Median Age: 37.54 38.26 38.86
Households: 2,467 30,758 82,222


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