8447 N 56Th St Temple Terrace, FL 33617
This exceptional 1.74-acre commercial land parcel, located at 8447 N 56th St, Tampa, FL 33617, presents a unique development opportunity. Situated in the thriving Temple Terrace area, this property boasts prime visibility with 165 feet of frontage on N 56th Street and 200 feet of frontage on South Riverhills Drive. The high-traffic location, averaging 40,000 vehicles daily, ensures maximum exposure for any commercial venture. Currently zoned Commercial General (CG), with a future land use designation of Downtown Mixed Use (DMU-35), this site offers incredible versatility. Its ample space is ideal for a wide range of uses, including hotels, restaurants, craft breweries, or retail establishments. The property's proximity to major attractions like the University of South Florida (USF), Busch Gardens, and Moffitt Cancer Center provides access to a large and diverse customer base. The expansive lot allows for ample parking and outdoor amenities, enhancing the appeal and functionality of any development. This is a truly exceptional investment opportunity in a rapidly growing area of Tampa, offering significant potential for substantial returns. The asking price for this remarkable property is $1,000,000. Hillsborough County location and zip code 33617.
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
CG · Temple Terrace, FLTemple Terrace. 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.