406 E Bearss Ave Tampa, FL 33613
For Sale
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This exceptional 2.33-acre commercial land parcel in Tampa, Florida, presents a unique investment opportunity. Strategically located off Interstate 275 at the Bearss Avenue exit, this level, partially cleared lot boasts high visibility and accessibility, with over 68,000 vehicles passing daily. Its prime location in a bustling commercial district places it within easy reach of Downtown Tampa (8 miles), Busch Gardens (5 miles), and major medical facilities including the University of South Florida, USF School of Medicine, James A. Haley Veterans Hospital, Moffitt Cancer Center, and the new AdventHealth Regional Hospital (all within 2.5 miles). The property is zoned CN, permitting diverse uses such as hotels, offices, medical facilities, restaurants, and retail centers. A survey and Phase I & II environmental reports are available. The lot is situated behind an IHOP and adjacent to a motel, offering immediate proximity to established businesses. A dedicated entryway directly off Bearss Avenue ensures convenient access. This high-traffic location, visible from I-275, offers significant potential for development. Lease options are negotiable. The asking price is $2,250,000. Don't miss this rare opportunity to acquire a premier commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Tampa, FLTampa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.