CG Zoning- Neighboring New Apartment Complex

1.23 Acres of Commercial Land Offered at $911,911 USD in Thonotosassa, FL 33592

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $911,911

Property Type
Land

Listing Contacts

Jack Kasting
Jack Kasting
Verified Profile
  • Property Info

Property Overview

Overview:
PRIME REDEVELOPMENT OPPORTUNITY! 1.23 acre lot on the NE corner of Walker Road and East Fowler Ave that is currently zoned CG – Commercial General. The lot has 136 feet of frontage on East Fowler Ave and 313 feet of frontage on Walker Road. Directly adjacent to the property lies the current ~32 acre development of Tesse Springs, which finished development in May 2022. The Tesse Springs development is a 292 multifamily apartment development project that 97% occupied. The current daily traffic count on East Fowler Ave is ~18,500 AADT. PROPERTY IS TENANT OCCUPIED ($3,000/mo month to month) - PLEASE DO NOT CONTACT TENANTS
Location Information:
Corner lot on Walker Road and East Fowler Ave. Less than 2 blocks from the Interstate 75 intersetion, less than 2 blocks from HWY 301 and is 4 miles East of the University of South Florida.
History:
9402 E Fowler Ave has operated as a gun range for the past ~26 years. Currently the property is occupied by a tenant who has continued using it as a gun range. Adjacent to the property, where the current Tesse Springs development is used to be the Big Top Flea Market. BTFM opened in 1990 and was bought in 2020 by the current development. Prior to the flea market that land used to be occupied by the Golden Gate Speedway that was built in 1962. 9402 E Fowler Ave has always been a property with great visibility and will continue to be just that for the new owner.
Features:
In 1996 the owner put in the main structure for the gun range, a 1,620 Sq Ft Metal Building. In 2015 and Outdoor Classroom/ Shed was built. The property has a well and the utilities are purview to the City of Temp. Terrace. There is signage directly on East Fowler Ave and entrances to the property from each road, East Fowler Ave and Walker Road. Property is in Flood Zone X.
Zoning:
The purpose of CG- Commercial General is to provide for a variety of retail and service uses in free-standing buildings or shopping centers to serve the community's general commercial needs. This district shall only be applied at appropriate locations to conveniently meet the needs of the community in conformance with the goals, objectives, and policies of the Comprehensive Plan; where it will not adversely impact the facilities and services of the County; and where it will not set a precedent for the introduction of inappropriate uses in the area.
Traffic Count:
Average Annual Daily Traffic Counts:
East Fowler at the site = 18,500
I-75 at East Fowler = 128,500
East Fowler west of I-75 = 46,500

Folio:
060057-0000
*Current tenant is on a month to month lease @ $3,000/ month

Property Details

Property Subtype
Commercial

Highlights

  • Month to Month Tenant ($3,000/mo)
  • Rapidly Developing Area on Fowler
  • Corner Lot

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