2.53+- ac for 7500 Sf Prof/Med Office in Highwoods

Vacant Land for Sale
Catylist Listing ID: 30184874
Property Subtypes: Office
Gross Land Area: 2.53 Acres
Sale Price: $550,000
Unit Price: $217,391 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2018

Overview / Comments

PROPERTY DESCRIPTION - 2.53+/- upland acres (7.43 total acres) along Highwoods Preserve Parkway in Tampa, Florida. The property has entitlements in place for up to 7,500 square feet of professional/medical of ce. City of Tampa provides utilities for the site which would established by a connection to the existing 12 inch water main on the north side of Highwoods Preserve Parkway and by connection to the 4 inch forcemain on the south side of Highwoods Preserve Parkway. A portion of the property has been rough graded and the pond has been constructed.

The surrounding area includes 1.8 million square feet of ce, retail and entertainment development. Demographics in the surrounding area are very strong with an average annual household income of over $92,000. Immediately adjacent to the south is the Legacy at Highwoods Preserve, a newly completed, state of the art, 88-unit assisted living facility.

LOCATION DESCRIPTION - The parcel is located in the Highwoods Preserve area which is essentially the heart of New Tampa. This location offers quick access to Downtown Tampa, Wesley Chapel, the University of South Florida, I-75, I-275 and I-4. Nearby shopping includes the Shops at Wiregrass and Tampa Premium Outlets.

PROPERTY SIZE - 7.34 Acres with 2.53+/- acres up uplands.

ZONING - PD - Professional/Medical Of ce. Entitled for 7,500 sq. ft. of of ce.

FUTURE LAND USE - SMU-6 (Suburban Mixed-Use)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: A-11-27-19-9U7-000000-00002.0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,882 45,959 135,640
Median Age: 33.45 35.47 35.35
Households: 2,989 16,899 51,914


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company FGCAR CIE Member
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