5440 Tyson AveTampa, FL 33611

  • Industrial land
  • 59,332 SF

Property Details for 5440 Tyson Ave

Year built
1979
Construction
STEEL FRAME
Lot size
15.80 AC
Property size (Sq ft)
59,332 SF
Zone code
PD
Property type
Industrial land
APN
A073018ZZZ000005531100
APU
A073018ZZZ000005531100

Description

This exceptional 1.25-acre commercial land parcel presents a unique opportunity for a restaurant development in the highly desirable South Tampa area. Boasting stunning waterfront access and breathtaking sunset views of Tampa Bay, this site offers unparalleled appeal. The property includes rooftop development potential, a wrap-around public boardwalk, and access to public boat slips, enhancing its attractiveness to potential clientele. The location is strategically situated within a thriving community, adjacent to several significant new developments, including the future Tyson Point (625 multi-family units and 6,000 square feet of retail) and Broadstone Westshore (325 multi-family units). This ensures a robust and growing customer base. The surrounding area features established and popular restaurants such as Salt Shack, Hula Bay, and the Westshore Marina District, further solidifying its position within a vibrant culinary scene. The site is also part of a larger development that includes 495 luxury multi-family units, providing a built-in residential market. The average household income within a 5-mile radius is a substantial $161,889, indicating high consumer spending power. This prime location and unique features make this a truly exceptional investment opportunity for a discerning restaurant operator. Hillsborough County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $26,453,206
    Hospitality
    $24,230,996
    Educational
    $20,159,904
    Medical
    $20,853,234
    Retail
    $31,359,850

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.8855
Longitude
-82.5403
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$372,960
$16,870,000
$784,327
$17,654,327
-
$16,870,000
$784,327
$17,654,327

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