Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    815 33Rd St SE Ruskin, FL 33570

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.22-acre site approved for a 100-room hotel.

    Lot size:
    2.23 Acres

    Property Features for 815 33Rd St SE

    General Information

    Standard status
    Active
    Zoning
    PD (CG Lot Standards)
    Lot size
    2.23 Acres

    We can help!

    Listing Contact
    Hayle Short
    Hayle Short
    Source: Crexi

    Listing Agency: Marcus & Millichap Listing Agent: Hayle Short

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

    Learn more

    Overview

    Ruskin Hotel Development Opportunity

    This 2.22-acre site presents a hotel development opportunity in Ruskin, Florida. Fully approved for a five-story, 100-room hotel, the property is located off Interstate 75. It features approximately 375 feet of frontage along East College Avenue, with daily traffic counts exceeding 39,500 vehicles. The location benefits from the neighboring $76 million Moffitt Cancer Ambulatory Center and the new 317-unit Madison Palms luxury apartment complex directly across the street.
    Location Intelligence

    Current Use by Public Records

    Turf1 Garden Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3906137
    Latitude
    27.7120982

    Nearby Similar for Sale

    • $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 Rd, Ruskin, FL 33570
      View Details
    • $649,900
      1.18 Acres

      Ruskin Land with Development Potential

      1.18 acre lot in Ruskin, potential mobile home park.
      820 Stephens Rd, Ruskin, FL 33570
      View Details
    • $850,000

      Restaurant and Bar with Residence

      Restaurant, bar, and two-bedroom residence for sale.
      102 W Shell Point Rd, Ruskin, FL 33570
      View Details
    • $115,000
      1,040 SF

      55+ Community Home with Garage

      Two-bedroom home in a gated 55+ community.
      1710 7Th St SW, Ruskin, FL 33570
      View Details
    • $495,000
      Pending

      Riverfront Property with Redevelopment Potential

      1.4-acre riverfront property in Ruskin, Florida with redevelopment potential.
      1210 Sweeney Dr, Ruskin, FL 33570
      View Details
    • $2,300,000

      Established Printing Company For Sale

      Operating printing company with building, FF&E, and real property.
      210 Woodland Estates Ave, Ruskin, FL 33570
      View Details
    • $140,000

      Furnished Condo in Waterfront Resort

      Waterfront condo with resort amenities, ideal for vacation rental.
      611 Destiny Dr, Ruskin, FL 33570
      View Details
    • $155,000

      Gated 55+ Community Home

      Well-maintained Ruskin home in a gated 55+ community.
      1710 7Th St SW 85, Ruskin, FL 33570
      View Details
    • $495,000
      Pending

      Ruskin Property for Sale

      Property available for purchase in Ruskin, Florida.
      1210 Sweeney Dr, Ruskin, FL 33570
      View Details
    • Contact for pricing
      3,500 SF

      Medical Office Investment Opportunity

      Single-tenant medical office in a growing Sun City Center community.
      946 Cypress Village Blvd, Ruskin, FL 33573
      View Details
    • New
      Contact for pricing
      3,010 SF

      Car Wash NNN Lease Opportunity

      Car wash on a large site with NNN lease.
      2371 Shell Point Rd E, Ruskin, FL 33570
      View Details
    • $999,988
      6,758 SF

      Ruskin Mixed-Use Commercial/Residential Building

      Two-story building with mixed-use potential in a visible location.
      100 E Shell Point Rd, Ruskin, FL 33570
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.22-acre site approved for a 100-room hotel.
    Where is this commercial land located?
    The property is located at 815 33Rd St SE Ruskin, FL.
    What are key features of this property?
    This property features: - Fully approved for a five-story, 100-room hotel.; - Located in the rapidly expanding market of Ruskin, Florida.; - High visibility with approximately 375 feet of frontage along East College Avenue.
    (813) 387-4700
    Request Owner's contact information
    815 33Rd St SE Ruskin, FL 33570
    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.
    815 33Rd St SE
    Ruskin, FL 33570
    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
    815 33Rd St SE Ruskin, FL 33570
    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

    We can help!
    Listing Contact
    Hayle Short
    Hayle Short
    Real Estate License ID: SL3545955
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!