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Prime Commercial Land Opportunity
For Sale
$1,000,000

8447 N 56th Street, Temple Terrace, FL 33617

1.74 acre commercial property ideal for hotel, restaurant, or retail.

Property Size1 SF
Lot Size1.74 Acres
Price / SF$1,000,000
Days on Market190

Property Features for 8447 N 56th Street

General Information

Standard status Active
Size 1 SF
Lot size 1.74 Acres
Property subtype Land
Listing Agency: Florida ROI Commercial Property Brokerage
Listed By: Eric Odum · License #CQ1033005
Source: Tcnworldwide
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 5 at 5:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Florida ROI Commercial Property Brokerage

Investment Insights

Based on property information with market context.

This 1.74-acre commercial property is located at 8447 N 56th Street in Temple Terrace, FL. The property is zoned Commercial General and has a future land use designation of Downtown Mixed Use (DMU-35). It features 165 feet of frontage on N 56th Street and 200 feet of frontage on South Riverhills Dr. The location benefits from high traffic volume, with an average of 40,000 vehicles daily. The property is suitable for a variety of uses, including a hotel, restaurant, craft brewery, or retail establishment. The site offers ample space for outdoor settings, entertainment venues, and parking. The property is located in close proximity to Busch Gardens, the University of South Florida (USF), and Moffitt Medical Center. The property is adjacent to the Springdale Outfall Pond area, a park-like area that is part of the City of Temple Terrace initiated development of a Pedestrian Master Plan.

Key Highlights

  • Prime location with 40,000 Average Daily Traffic and high visibility on N 56th Street.
  • Excellent proximity to USF, Busch Gardens, and Moffitt Medical Markets.
  • Zoned Commercial General, allowing for versatile uses such as Hotel, Restaurant, Craft Brewery, or retail.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Bakery Building Supply Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby
264k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Groceries 32% Dining 23% Electronics 4%
Publix Groceries
50,634 visits/mo 0.4 miles
Wawa Shops & Services
40,082 visits/mo 0.5 miles
Winn-Dixie Groceries
34,004 visits/mo 0.1 miles
Dollar Tree Shops & Services
22,002 visits/mo 0.4 miles
Starbucks Dining
12,718 visits/mo 0.2 miles

Demographics for 33617, FL

48,267
Population
21,912
Households
2.2
Avg Household Size
33
Median Age
29%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
5,485
Density / Sq Mi
$48,651
Median Household Income
$33,710
Median Earnings
$1,337
Median Rent
$267,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.74 acre commercial property ideal for hotel, restaurant, or retail.
Where is this commercial land located?
The property is located at 8447 N 56th Street Temple Terrace, 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 with 40,000 Average Daily Traffic and high visibility on N 56th Street.; Excellent proximity to USF, Busch Gardens, and Moffitt Medical Markets.; Zoned Commercial General, allowing for versatile uses such as Hotel, Restaurant, Craft Brewery, or retail.
More about this property
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