Technical
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Property profile

8901 56Th St Temple Terrace, FL 33617

OFF-MARKET
Land
1.75 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8901 56Th St Temple Terrace, FL 33617
Temple Terrace metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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