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    8447 N 56Th St Tampa, FL 33617

    For Sale
    $1,000,000

    1.74 acre commercial property with high traffic and development potential.

    Lot size:
    1.74 Acres

    Property Features for 8447 N 56Th St

    General Information

    Lot size
    1.74 Acres

    Source: Florida ROI Commercial Property Brokerage Agent Eric Odum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Tampa

    This commercial property is located at 8447 N 56th Street in Temple Terrace, Florida. The 1.74-acre parcel is in the Tampa area and features 165 feet of frontage on N 56th Street and 200 feet of frontage on South Riverhills Dr. The property benefits from high traffic, with an average daily traffic count of 40,000. The zoning is Commercial General, and the future land use is Downtown Mixed Use (DMU-35). This property is suitable for various uses, including a hotel, restaurant, craft brewery, or retail, drawing from the USF, Busch Gardens, and Moffitt Medical Markets. The property offers ample space for outdoor settings, entertainment venues, and parking.
    Location Intelligence

    Current Use by Public Records

    Hardy Commercial Cleaners ... Commercial Cleaning Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3926009
    Latitude
    28.0270874

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    FAQs

    What type of property is this?
    Commercial land - 1.74 acre commercial property with high traffic and development potential.
    Where is this commercial land located?
    The property is located at 8447 N 56Th St Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime location in Tampa area with high traffic (40,000 ADT) on N 56th Street.; - Large 1.74 acre parcel with significant frontage on N 56th Street (165') and South Riverhills Dr (200').; - Zoned Commercial General with future land use Downtown Mixed Use (DMU-35) allowing for diverse development options.
    (813) 514-1070
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    8447 N 56Th St Tampa, FL 33617
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    Tampa, FL 33617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8447 N 56Th St Tampa, FL 33617
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