This exceptional 1-acre commercial lot is located at 1800 N Pinellas Ave, Tarpon Springs, FL 34689. The property is zoned C3, offering a wide array of development possibilities. Its high and dry elevation provides a stable foundation for any construction project. The land has already undergone meticulous clearing, eliminating the need for extensive site preparation. This significantly reduces upfront costs and accelerates the development timeline. The asking price for this prime commercial real estate is $420,000. Situated in Pinellas County, this location offers excellent access to major transportation routes and a thriving local economy. The property's advantageous location and C3 zoning make it an ideal investment opportunity for developers seeking to capitalize on the growing commercial sector in Tarpon Springs. The cleared lot presents a blank canvas for a variety of commercial ventures, from retail spaces to office buildings, or other permitted uses under the C3 zoning designation. This is a rare opportunity to acquire a ready-to-develop commercial lot in a desirable Florida location. Don't miss this chance to secure a piece of prime Tarpon Springs real estate. The coordinates for the property are 28.17093649026198 latitude and -82.75212247475206 longitude.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,524,356
6.5%
$1,407,098
7%
$1,306,591
Comparable approach
Method
Valuation
Relative Method
$1,389,528
Geo Method
$1,389,528
Alternative Use
Use
Valuation
Residential
$1,186,940
Hospitality
$1,087,230
Educational
$904,563
Medical
$935,672
Retail
$1,407,098
Location Insight
City
Tarpon Springs
County
Pinellas
State
Florida
Latitude
28.17
Longitude
-82.7525
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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