Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ruskin Land for Sale Title is generated by Realmo AI

    512 E College Ave, Ruskin, FL

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2.09± acres in Ruskin, FL, near US Hwy 41.

    Type:LAND
    Lot size:
    2.90 Acres
    Added:
    Apr 29, 2025
    Days on Market:
    398
    Last Refresh:
    May 20 at 10:00 pm

    Property Features for 512 E College Ave

    General Information

    Standard status
    Active
    Lot size
    2.90 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Chris Bowers
    Chris Bowers

    Listing agent Chris Bowers License #BK3182055

    Listing office Eshenbaugh Land Company

    Listing date Apr 29, 2025

    Source Moodyscre

    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 Eshenbaugh Land Company

    HighLights

    • 2.09± acre property in Ruskin, FL
    • Conveniently located just 0.5 miles east of US Hwy 41
    • And 2.5 miles west of I‑75
    • Zoned RDC‑12 (Residential)
    • Potential for rezoning for commercial uses
    • Located on E College Ave at the intersection of 6th St SE

    Overview

    This property offers 2.09± acres in Ruskin, Florida, situated on E College Ave at the intersection of 6th St SE, within Hillsborough County. The location provides convenient access, being approximately 0.5 miles east of US Hwy 41 (S Tamiami Trail) and 2.5 miles west of I-75, facilitating north/south and east/west travel. Zoned RDC-12 (Residential), the site presents the potential for rezoning to accommodate various general commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allmond Joseph F ... Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4416
    Latitude
    27.7128

    Nearby Similar for Sale

    • $749,000
      1 SF

      Commercial Parcel Ready to Build

      0.76 acre commercial parcel in fast-growing Ruskin corridor.
      2282 JUNGLE DRIVE, RUSKIN, FL 33570
      View Details
    • $600,000

      Ruskin Waterfront Land Opportunity

      Waterfront property with dock, boat lift, and zoning flexibility.
      102 DICKMAN DRIVE SW, RUSKIN, FL 33570
      View Details
    • $999,988
      6,758 SF

      Unique Ruskin Mixed-Use Opportunity

      Two-story commercial/residential building with flexible mixed-use potential in Ruskin, FL.
      100 E SHELL POINT ROAD, RUSKIN, FL 33570
      View Details
    • $679,000

      Ruskin Mixed-Use Development Opportunity

      Versatile land parcel near I-75, primed for development.
      1518 27TH STREET SE, RUSKIN, FL 33570
      View Details
    • $1,800,000
      3,776 SF

      Ruskin Mixed-Use Development Opportunity

      Prime location for housing development near shopping, schools, and parks.
      1405 6TH STREET SE, RUSKIN, FL 33570
      View Details
    • $1,350,000
      57,364 SF

      Ruskin Town Center Land

      1.31 acre commercial land in Ruskin Town Center.
      610 N US HIGHWAY 41, RUSKIN, FL 33570
      View Details
    • $375,000

      Ruskin Waterfront Land For Sale

      Vacant land with water access near Tampa Bay.
      3203 W Shell Point Rd, Ruskin, FL 33570
      View Details
    • $799,000
      3,837 SF

      Ruskin Mixed-Use Land Opportunity

      Almost 3 acres of land with mixed-use potential.
      1603,1605,1608,1611 W SHELL POINT ROAD, RUSKIN, FL 33570
      View Details
    • $1,350,000

      Ruskin Land with Highway Frontage

      1.3 acre Ruskin land parcel with highway and street access.
      610 N US HIGHWAY 41, RUSKIN, FL 33570
      View Details
    • $600,000

      Ruskin Waterfront Property Opportunity

      Waterfront property with dock, boat lift, and flexible zoning.
      102 DICKMAN Dr SW, Ruskin, FL 33570
      View Details
    • $550,000

      Spacious Ruskin Lot with Barn

      Over 3 acres, residential zoning, barn, close to Tampa Bay.
      SHELL POINT ROAD, RUSKIN, FL 33570
      View Details
    • $1,800,000

      Ruskin Land For Sale

      8.98 acres in Ruskin, FL, suitable for housing development.
      1405 6TH STREET SE, RUSKIN, FL 33570
      View Details

    FAQs

    What type of property is this?
    Land - 2.09± acres in Ruskin, FL, near US Hwy 41.
    Where is this land located?
    The property is located at 512 E College Ave Ruskin, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 2.09± acre property in Ruskin, FL; Conveniently located just 0.5 miles east of US Hwy 41; And 2.5 miles west of I‑75
    (813) 287-8787 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Bowers
    Chris Bowers
    Real Estate License ID: BK3182055
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    512 E College Ave, Ruskin, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!