1608 State Road 60Valrico, FL 33594

Property Details for 1608 State Road 60

Year built

2016

Lot size

0.76 AC

Property size (Sq ft)

11,835 SF

Property type

Investment properties

Property subtype

Other retail properties

Description

This exceptional redevelopment opportunity presents a vacant, 11,835-square-foot former restaurant building situated on a 0.76-acre lot in Valrico, Florida. Built in 2016, the property boasts minimal deferred maintenance and benefits from a large parking lot accommodating 40 vehicles. The location is highly desirable, featuring 131 feet of frontage on State Road 60, a major thoroughfare with over 73,000 vehicles passing daily, ensuring exceptional visibility and accessibility. This prime location is within a dense retail corridor, surrounded by national retailers such as Home Depot, Walmart, Lowe's, and many others, guaranteeing high foot traffic and strong consumer presence. The property's proximity to a dense population base—nearly 200,000 residents within a 5-mile radius—further enhances its investment potential. Its strategic location also offers convenient access to Downtown Tampa (22-minute drive) and Tampa International Airport (35-minute drive), as well as major universities, including the University of South Florida and the University of Tampa (both within 15 miles). The asking price for this value-add opportunity is $2,500,000. The property features a monument sign and ample parking. This is an ideal site for a savvy investor seeking to capitalize on a high-traffic location and strong demographics. The property is located at 1608 State Road 60, Valrico, FL 33594, and has a Hillsborough County APN of U24-29-20-ZZZ00000-2596700.

Location Insight

City

Valrico

County

Hillsborough

State

Florida

Latitude

27.9379

Longitude

-82.2601

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