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    406 Bearss Ave Tampa, FL 33613

    For Sale
    $2,250,000

    2.33 Acres, I-275 Access, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.33-acre commercial land parcel in Tampa, Florida, presents a unique investment opportunity. Strategically located off Interstate 275 at the Bearss Avenue exit, this level, partially cleared lot boasts high visibility and accessibility, with over 68,000 vehicles passing daily. Its prime location in a bustling commercial district places it within easy reach of Downtown Tampa (8 miles), Busch Gardens (5 miles), and major medical facilities including the University of South Florida, USF School of Medicine, James A. Haley Veterans Hospital, Moffitt Cancer Center, and the new AdventHealth Regional Hospital (all within 2.5 miles). The property is zoned CN, permitting diverse uses such as hotels, offices, medical facilities, restaurants, and retail centers. A survey and Phase I & II environmental reports are available. The lot is situated behind an IHOP and adjacent to a motel, offering immediate proximity to established businesses. A dedicated entryway directly off Bearss Avenue ensures convenient access. This high-traffic location, visible from I-275, offers significant potential for development. Lease options are negotiable. The asking price is $2,250,000. Don't miss this rare opportunity to acquire a premier commercial property in a rapidly growing area.

    Property Features for 406 Bearss Ave

    General Information

    Property type
    Land
    Lot Size
    101,495 SF

    HighLights

    • $2,250,000 asking price for 2.33 acres of commercial land.
    • Located in Tampa, FL (Hillsborough County), at 406 E Bearss Ave, 33613.
    • CN zoning permits uses including hotel, office, medical, restaurant, and retail.
    • High traffic location adjacent to I‑275 off‑ramp, near major employers and amenities.
    • Survey and Phase I & II environmental reports available.
    • Lease options negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon 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
    -82.456407225573
    Latitude
    28.088765311548

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    FAQs

    What type of property is this?
    Land - 2.33 Acres, I-275 Access, High Traffic
    Where is this land located?
    The property is located at 406 Bearss Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price for 2.33 acres of commercial land.; Located in Tampa, FL (Hillsborough County), at 406 E Bearss Ave, 33613.; CN zoning permits uses including hotel, office, medical, restaurant, and retail.
    (813) 949-0901
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    Tampa, FL 33613
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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
    406 Bearss Ave Tampa, FL 33613
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