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    1808 Eljay Ln Ruskin, FL 33570

    Sponsored
    For Sale
    $4,000,000

    9.57 Acres, Two Homes, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.57-acre property in Ruskin, Florida, presents a compelling mixed-use development opportunity. Located at the southwest corner of 19th Avenue NE and Eljay Lane in Hillsborough County (zip code 33570), this mostly cleared parcel boasts 686 linear feet of frontage on 19th Avenue, a road with a high average daily traffic count of 15,200 vehicles. The land features two existing homes, both constructed in the 1980s, providing immediate potential for rental income or redevelopment. Surrounded by residential subdivisions, this site is ideally suited for a mixed-use development, incorporating townhomes and commercial spaces to serve the growing community. The property's ASC-1 zoning, with a Future Land Use designation of SMU-6, supports this vision. Utilities are readily available, and preliminary assessments suggest the absence of wetlands on the site. Its strategic location offers convenient access to I-75 and US 41, further enhancing its appeal to developers. The area is experiencing rapid growth, with new residential and Class-A industrial developments underway, making this a prime investment for future appreciation. The asking price is $4,000,000. This represents a unique chance to capitalize on the burgeoning Ruskin market and create a thriving mixed-use community.

    Property Features for 1808 Eljay Ln

    General Information

    Property type
    Land

    HighLights

    • 9.57‑acre mixed‑use development opportunity in Ruskin, FL (33570).
    • 686 linear feet of frontage on 19th Avenue NE, high traffic count (15,200 VPD).
    • Two existing homes offer immediate rental income or redevelopment potential.
    • ASC‑1 zoning, SMU‑6 Future Land Use designation.
    • Convenient access to I‑75 and US 41.
    • Asking price: $4,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4024061
    Latitude
    27.7326113

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    FAQs

    What type of property is this?
    Land - 9.57 Acres, Two Homes, High Traffic
    Where is this land located?
    The property is located at 1808 Eljay Ln Ruskin, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 9.57-acre mixed-use development opportunity in Ruskin, FL (33570).; 686 linear feet of frontage on 19th Avenue NE, high traffic count (15,200 VPD).; Two existing homes offer immediate rental income or redevelopment potential.
    (813) 417-5928
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    1808 Eljay Ln Ruskin, FL 33570
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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
    1808 Eljay Ln Ruskin, FL 33570
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