8901 56Th St Temple Terrace, FL 33617
- Land
- 1.75 lot acres
Current Use by Public Records
- Land
Property Details for 8901 56Th St
- Lot size
- 1.75 lot acres
- Property type
- Land
Description
This exceptional 1.75-acre commercial land parcel presents a prime retail development opportunity in Temple Terrace, Florida. Located at 8901 N 56th St, 33617, this property boasts 350 feet of frontage on a high-traffic street with a daily average of 40,000 vehicles, ensuring maximum visibility for your business. Zoned Commercial General (CG), with a future land use designation of Downtown Mixed Use (DMU-35), this site offers versatile development options ideal for restaurants or retail establishments. Its strategic location benefits from proximity to major attractions and employment centers, including the University of South Florida (USF), Busch Gardens, and Moffitt Cancer Center, providing access to a large and diverse customer base. The City of Temple Terrace's commitment to multimodal mobility and pedestrian connectivity further enhances the long-term growth potential of this property. Nearby comparable retail properties command rents of $32-$35 per square foot, demonstrating the strong market demand in this area. This is a rare opportunity to capitalize on a thriving location and build a successful retail venture. The asking price is $2,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Temple Terrace
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.3934
- Latitude
- 28.0303
