Corner Lot Near Armature
For Sale
$1,800,000
Pending
402 W COLUMBUS, Tampa, FL 33602
Two parcels near Armature Works with development potential.
Property SizeContact for details
Lot Size0.35 Acres
Days on Market137
Property Features for 402 W COLUMBUS
General Information
Standard status
Pending
Lot size
0.35 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$8,313
Listing Agency:
(813) 737-7091
Listed By:
Asad Shaikh · License #3373314
(813) 737-7091
Source:
Elliman
Added: Apr 15
Changed: Aug 23
Last Checked: Aug 29 at 11:53AM
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 Asad Shaikh
Investment Insights
Based on property information with market context.
Located three blocks from Armature Works, the property consists of two parcels totaling 15,240 square feet. It features 120 feet of frontage on W Columbus Drive and 127 feet on N Massachusetts Avenue. The current zoning is CG, allowing for broad commercial uses. The future land use is CMU-35, permitting up to 12 dwelling units at 35 dwelling units per acre, or 30,480 square feet of development at a Floor Area Ratio of 2.0. The property is located in a designated Opportunity Zone, with potential for additional density under the Live Local Act. Currently, there are two existing triplexes on the land, generating a gross monthly income of $7,100. Four luxury townhomes are under construction at 401 W Amelia Ave, and eight more at 405 W Amelia Ave, both adjacent to the site. Surveys, an arborist report, and development concepts are available.
Key Highlights
- Prime corner lot location, just three blocks from Armature Works, with alley access.
- Significant development potential with CMU‑35 zoning, allowing up to 12 dwelling units or 30,480 SF of development.
- Designated Opportunity Zone, potentially unlocking additional density via the Live Local Act.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 33602, FL
19,936
Population
11,972
Households
1.7
Avg Household Size
36
Median Age
61%
College-Educated
92%
High-School Grad
2.6 sq mi
ZIP Area
7,668
Density / Sq Mi
$88,569
Median Household Income
$66,434
Median Earnings
$2,119
Median Rent
$560,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two parcels near Armature Works with development potential.
Where is this commercial land located?
The property is located at 402 W COLUMBUS Tampa, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime corner lot location, just three blocks from Armature Works, with alley access.; Significant development potential with CMU‑35 zoning, allowing up to 12 dwelling units or 30,480 SF of development.; Designated Opportunity Zone, potentially unlocking additional density via the Live Local Act.
