St Petersburg Dr Oldsmar, FL 34677
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for St Petersburg Dr
- Year built
- 2019
- Lot size
- 0.55 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.55-acre commercial parcel presents a remarkable investment opportunity in the thriving TCCN district of Oldsmar, Florida. Strategically located just one block from an approved, soon-to-break-ground project encompassing a theater, convention space, retail, and residential mixed-use development, this property enjoys unparalleled proximity to significant ongoing growth. Its prime location is further enhanced by its adjacency to the Galleria mixed-use building and a recently completed mixed-use structure at the corner of State Street and St. Petersburg Drive. The area is experiencing rapid expansion, making this a highly desirable site for future development. This lot is approved for a variety of uses, including a mixed-use building potentially accommodating up to eight or nine retail/office spaces on the ground floor and up to nine condo/office spaces on the second floor. Detailed plans for approved uses are available upon request. The property boasts pre-installed ground drainage, significantly streamlining the development process. Its location three blocks south of the busy Tampa Road, a thoroughfare with over 65,000 vehicles daily, ensures high visibility and accessibility. Further enhancing its appeal, new streetscaping is planned for the property's frontage, featuring underground utilities, 10-foot sidewalks, and decorative lighting. This is a rare chance to acquire a highly desirable commercial lot in a rapidly developing area. Priced at $320,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oldsmar
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6654
- Latitude
- 28.0341
