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    OFF-MARKET
    Commercial land

    1506 Parsons Ave, Seffner, FL 33584

    1,050 SF 0.57 ac lot Built 1925
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US18-0952000
    Property summary
    AI-generated overview

    This exceptional 1.11-acre commercial land parcel, located at 1506 S Parsons Ave, Seffner, Florida 33584, presents a compelling investment opportunity. Priced at $790,000 ($711,712 per acre), this flat, mostly clear lot boasts tremendous potential for retail development. Its advantageous location in Hillsborough County offers easy access to major highways, simplifying construction and future operations. Currently zoned for a potential rezoning to CG, this property is ready for immediate development. The site's size and accessibility make it an attractive option for businesses seeking a strategic location in a growing area. The land's even topography and minimal clearing needs significantly reduce development costs and timelines. This assemblage represents a rare chance to acquire a highly desirable commercial property in a prime location, poised for significant return on investment. The property's location in Seffner, Florida, provides convenient access to transportation networks, enhancing its appeal to a wide range of potential developers and businesses. This is a unique opportunity to capitalize on the area's growth and create a thriving commercial venture.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1925
    Total area 1,050 SF
    Lot 0.57 ac (24,720 SF)
    Zoning code BPO
    APN U02292026Y000004000010
    UPID US18-0952000
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Kimlyn M Walker · 5 yrs held
    Kimlyn M Walker
    since 2020
    1 recorded transaction
    2020
    $28,726
    Zoning & alternative use
    BPO · Seffner, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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