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Property profile & analytics
OFF-MARKET Estimated value $310,000
Office buildings

301 Shell Pt Rd Ruskin, FL 33570-3708

1,048 SF 0.27 ac lot Built 1955
Entity Owned 16-yr Hold Free & Clear
Property ID
US18-2587439
Property summary
AI-generated overview

This exceptional 5.23-acre property in Ruskin, Florida, presents a unique development opportunity. Located on East Shell Point Road and straddling 3rd Street NE, the land comprises eight separate lots. The western portion, zoned RTC-2 (Ruskin Town Center – mixed-use commercial), allows for a blend of commercial and residential development. The eastern section, zoned RDC-12 (12 units per acre), is designated for residential dwellings. This zoning flexibility allows for creative development plans, such as a community of small cottages integrated with commercial spaces. The property's significant feature is its beautiful mature oak trees, offering a unique aesthetic for a project designed to preserve this natural asset. The county permits relatively small residential units, making it suitable for concepts like a tiny home community. The asking price is $2,500,000. Attractive financing options are available, with the seller open to providing shorter-term financing with a 50% down payment. The property's prime location and flexible zoning make it an ideal investment for developers seeking a distinctive project in a desirable area. The address is 301 E Shell Point Road, Tampa, Florida, 33570, in Hillsborough County. This is a rare chance to acquire a substantial parcel of land with significant development potential in a growing Florida community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1955
Construction WOOD
Total area 1,048 SF
Lot 0.27 ac (11,700 SF)
Zoning code PD
APN U0632191V6000000011090
UPID US18-2587439
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
Current use
Occupant on record · Public records
  • Sunbelt Sod & Grading Co Garden Center Landscaping
  • Sunbelt Sod Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k
Owner & transaction history
Sun Belt Sod & Grading INC · 16 yrs held
Sun Belt Sod & Grading INC
since 2009
1 recorded transaction
2009
$80,000
Zoning & alternative use
PD · Ruskin, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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