This 4.38 acre, C-1A zoned parcel is mostly clear, level, high and dry and is ready for development along busy Baker Street in Plant City, Florida. The site currently stretches from Baker Street all the way back to Gloria Avenue to the North and sits alongside one of the busier shopping centers in the area. The site consists of two buildings that total 2,296 SF. There is a commercial building along Baker Street currently occupied by an auto dealer and a house along Gloria Avenue currently utilized by the owner. There is also an Ice Kiosk tenant on the site. All leases are month to month. The site has a Future Land Use of Commercial (16 DU/Acre - FAR .35) meaning that there is a potential mixed use development of up to 70 units and 66,777 SF of development. There may be an opportunity for commercial development long the Baker frontage and residential infill along the Florida side. Disclaimer: All references to potential development are based upon Future Land Use in the municipal development code. Brokers make no representations as to allowable use or development limits. Purchaser should consult professionals and the local municipality to determine property suitability. Located in Plant City just south of I-4 with easy access to surrounding areas.
Financial Considerations
Price:
$1,525,000
HOA Fee:
N/A
Tax Amount:
$13952.51
Price per SqFt:
$12.17
Tax Legal Description:
SEMINOLE LAKE ESTATES LOT BEG AT NW COR OF LOT 2 BLK 2 & RUN W 200 FT S TO N BDRY LINE OF STATE RD 600 ELY & PARALLEL WITH STATE RD 600 TO PT DUE S OF BEG AND N TO POB... PART OF BLKS 2,3,6 AND 7 DESC AS BEG AT NW COR OF LOT 6 BLK 2 THN RUN W 164 FT S 392 FT W 175 FT TO ELY R/W OF WALTER DR S 275 FT MOL TO N R/W LINE OF SR 600 THN E TO PT S OF POB THN N 667 FT MOL TO POB LESS S 346.85 FT THEREOF