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$3,200,000
607 Days Online

1001 N Macdill Avenue
Tampa, FL 33607

For Sale|Commercial|Pending
0
Beds
0
Full Baths
0
Partial Baths
8,494
SqFt
$377
/SqFt
1967
Built
Subdivision:
Unplatted
County:
Hillsborough

Due to the health concerns created by Coronavirus, we are offering personal 1-1 online video walkthrough tours where possible.

Call Now: (561) 935-3331
Is this the home for you? We can help make it yours.
(561) 935-3331
1001 N Macdill Avenue1001 N Macdill Avenue1001 N Macdill Avenue1001 N Macdill Avenue
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Under contract-accepting backup offers. This unique Midtown investment opportunity is located at the hard corner lighted intersection of N. Macdill Avenue and W. Cypress Street. The 8, 494 SF building sits on a 35, 850 square foot (.82 Acre), CG (Commercial General) zoned parcel just blocks away from the newly established “Midtown” district of Tampa, Florida. This site is conveniently located in the heart of a large high-density population with excellent access from major roads with an abundance of commercial activity and is one of the most rapidly redeveloping neighborhoods throughout the Tampa-St Petersburg MSA. The building currently consists of 7 units ranging from 698 SF up to 1, 600 SF. This site is one of the few throughout the market with adequate parking (46 spaces or 6.2 spaces / 1000 SF) for medical users within such close proximity to serve the highly sought after South Tampa demographic. The retail exposure and ample parking offers an opportunity to alter tenant mix over time and drastically increase the investment return as medical lease rates in this market are currently in the mid to upper 30's per SF NNN. This parcel also has a highly desirable future land use designation of CMU-35 which stands for Community Mixed Use – 35 units to the acre development density for a mixed use development. The development potential of such a land use also comes with a potential development FAR (floor-to-area ratio) of 2.0 meaning that this .81 acre parcel would have a maximum development potential of 28 units totaling a maximum of 71, 700 SF of building improvement. Please contact us to discuss current tenancy and P&L information. Located at the intersection of N. Macdill Avenue and W. Cypress Street.

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Listing Snapshot
Price 
$3,200,000
Days Online 
607 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,494 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.82 Acres
Year Built 
1967
MLS® Number 
T3413843
Status 
Pending
Property Tax 
$19,164
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Pending
10 months agoStatus changed to Active
a year agoStatus changed to Pending
2 years agoListing first seen online
General Features
Construction 
Block
Parking 
Over 30 Spaces
Number of Stories 
1
Acreage 
0.82
Property Sub Type 
Retail
Foundation 
Slab
Zoning 
CG
Ownership 
Corporation
Parcel Number 
A-15-29-18-ZZZ-000005-90980.0
Interior Features
Cooling 
Central Air
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Exterior Features
Waterfront Property 
No
Road Frontage 
County Road
Community Features
Township 
29
MLS Area 
33607 - Tampa
Listing courtesy of BAY STREET COMMERCIAL LLC 813-254-6756



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-07-14 10:50 AM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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