6205 N. Himes Avenue

PROPERTY INFORMATION

Price/ acre: $856,741.57

1.78-acre parcel

GREAT LOCATION- Directly on busy N. Himes Avenue

Average Daily Traffic count of 2,700+ vehicles per day

This land offers a huge growth opportunity for the Egypt Lake Community

A great location for new construction of single-family residence or multi-family condo development

Within a 3-mile radius of this site, approximately 5,935 people with an average age of 34.8 and the HH income is over $48,000.

INVESTMENT HIGHLIGHTS

Development/ New Construction Opportunity

Excellent, 1.78-acre site offering opportunities for new construction

Highest and best use: new residential or multi-family development

242’ frontage directly on Himes Avenue

Located immediately east of N. Dale Mabry Hwy and north of the signalized intersection of W. Hillsborough Avenue and N. Himes Avenue.

Minutes from AdventHealth- Carrollwood, Al Lopez Park, Raymond James Stadium, St. Joseph’s Hospital, Publix Super Market, CVS Pharmacy, Bank of America, Public Storage, Dale Mabry Hwy, W. Hillsborough Avenue, Waters Avenue, Sligh Avenue, Town N Country, Carrollwood and Lowry Park

The area is exploding with new commercial and residential growth and is surrounded by countless new developments.

Convenient to highways and major thoroughfares

15 minutes (approx.) to Tampa International Airport

11 minutes to the Interstate 275 South

3.3 miles east of the Veterans Expressway

Value is in the land! Outstanding high/dry, 1.78 acre site offering limitless opportunities for new planned development :: Zoned PD, this parcel is located in growing Egypt Lake and boasts over 240’ of frontage along N. Himes Avenue :: All utilities are available near the site :: Highest and best use: Residential or Multi-family development :: Located just off the signalized intersection of W. Hillsborough Avenue and N. Himes Avenue :: Minutes from Town N Country, Carrollwood, Lowry Park, Seminole Heights, West Tampa, Down Town Tampa, Interstate 75 and the Veterans Expressway :: Great visibility :: The area is exploding with new residential and commercial growth and is surrounded by many developments :: Neighboring businesses include: AdventHealth- Carrollwood, Al Lopez Park, Raymond James Stadium, St. Joseph’s Hospital, Publix Super Market, CVS Pharmacy, Bank of America, Public Storage and the US Postal Office, etc.

Florida Commercial Group is pleased to present the opportunity to acquire a 1.78-acre land parcel in the growing neighborhood of Egypt Lake.

Exceptional residential, multi-family development parcel located immediately north of the W. Hillsborough Avenue/ N. Himes Avenue intersection. Sellers have drawn up plans for entitlements for 2-story condo homes with blueprints in place for up to 28 residential new builds. The site’s planned development (PD) zoning provides ample opportunity to develop a small to medium size multi-family project that is close to nearby job centers (like Advent Health-Carrollwood, Raymond James Stadium and St. Joseph Hospital) as well as various retail amenities and neighborhood conveniences. This property is in the immediate area of many national and regional retailers as well as several neighborhood schools and daycare centers. Al Lopez Park, Publix Super Market, Walmart Neighborhood Market, Walgreens, CVS Pharmacy, Bank of America, Regions Bank, Horizon Park Shopping Center, Powerhouse Gym, Auto Zone, Advanced Auto Parts and Public Storage are all within a five-to-seven-minute drive of this site. With rapidly improving demographics, this area is projected to continue to experience increases in population and households’ incomes over the next five years. Residing within a 3-mile radius of this site are approximately 5,935 people with an average age of 34.8 and a HH income that exceeds $48,000. Call today for additional site details.

This location offers quick accessibility to highways and major thoroughfares, ie… Dale Mabry Hwy, Waters Avenue, Hillsborough Avenue Busch Blvd., Dr. Martin Luther King Blvd., N. Nebraska Avenue, Veterans Expressway and Interstate 275. The area is exploding with new retail, multi-family and single-family development.

 The property was (and currently, still is) approved for 31-units spread across 6 individual buildings.
 Regarding the conceptual plans for “The Reserve at Himes”- a 29-unit, 2-story condo community, these plan designs have not been approved by the city nor are there any submittal records. Per the owner: conceptual designs of the 29-unit community will have to be modified to meet the setback requirements (owner to confirm this). If a buyer wants to build according to the 29-unit conceptual plans, they will have to go back to the city to have the conceptual plans approved officially.
 Setbacks – The side setback/buffer must be a minimum of 10 ft.
 Application to the City of Tampa for modifications to the city’s water delivery to the area to accommodate a 30+ unit community will need to be made.
 The site has previously been approved for water and sewer. (However, a new application will need to be submitted.)
 Regarding whether Himes Avenue can support the traffic increase deriving from the addition of a new subdivision built in the area? Per the owners, they do not have any record of a traffic analysis being completed. Therefore, a developer will have to provide a traffic analysis. The owner is currently researching if a traffic analysis was ever submitted to the city. Per the City of Tampa: If warranted or as determined by Hillsborough County staff, the developer shall be required to construct a left turn lane and a right turn lane/ deacceleration lane into the site. Prior to concurrency approval, the developer shall provide a traffic analysis, signed by a professional engineer, showing the length of the left and right turn lanes needed to serve development traffic, if warranted. The turn lanes shall be constructed to FDOT and/or Hillsborough County standards using FDOT standard Index 301 and 526 and an asphalt overlay shall be applied over the entire portion of roadway where a left turn lane is provided.