INVESTMENT HIGHLIGHTS
• Superior corner location, great development opportunity
• AMAZING frontage, visibility and access.
• Level topography with all utilities to the site
• 3 parcels totaling (approx. ) 41, 725 SF/ . 98 Acres
• 193’ fronting Nebraska Avenue
• Located on a heavily traveled corridor of N. Nebraska Avenue
• Traffic counts total 13, 900 VTD (AADT, 2022)
• New residential, retail and office development within immediate proximity of this site
• Value-add opportunity
PROPERTY FEATURES
• Signalized intersection of Columbus Drive and N. Nebraska Avenue 1 block North
• Located in Historic V. M. Ybor (a National Landmark District), East Tampa
• Literally around the corner from Historic Ybor City
• Less than 1 mile from upcoming South Nebraska Avenue Development Projects
• One mile Northwest of Downtown Tampa
• Barely 1. 5 miles Northeast of the Channel District
• FDOT installing new off ramp at 14th Street and Nebraska Avenue
• OPPORTUNITY AND HUBZONE QUALIFIED- providing long-term tax benefits to the developer and investors
• Quick accessibility to highways and major thoroughfares, ie… Interstate 275, Interstate 4, Selmon Crosstown Expressway, Florida Avenue, Dr. Martin Luther King Jr. Blvd and Hillsborough Avenue
• Neighboring businesses include: Sunoco Gas, Checkers, Rent King, Centro Asturiano, Kforce, TECO Energy, Children’s Board, Hillsborough Community College, La Segunda Bakery and more
• High energy business and residential district that is frequented by local & regional visitors- a great place to invest, relocate or expand your business
• The area is exploding with new commercial development and residential growth
Outstanding high/dry, . 98 acre site offering an assemblage of 3 parcels with limitless opportunities for Commercial Redevelopment : : All utilities are available at the site : : 2309 N. Nebraska Avenue is paved allowing for onsite parking or storage : : Highest and Best Use: professional office or storefront retail with potential uses to include: general office, multi-family retail or retail storefront development : : Located just South of the signalized intersection of Columbus Drive and N. Nebraska Avenue : : Minutes from Downtown Tampa, Channel District, Historic Ybor, Franklin Street District, Ybor Heights, Interstate 275, Interstate 4, Selmon Crosstown Expressway, Florida Avenue, Dr. Martin Luther King Jr. Blvd and Hillsborough Avenue : : The area is exploding with new Commercial and Residential growth and is surrounded by countless developments : : Neighboring businesses include: Sunoco Gas, Checkers, Rent King, Centro Asturiano, Kforce, TECO Energy, Children’s Board, Hillsborough Community College, La Segunda Bakery and more : : High energy business and residential district that is frequented by local & regional visitors- a great place to invest, relocate or expand your business.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,240,000 | $2,240,000 | $2,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,343 | $14,529 | $19,513 |
Total Monthly Payment | $14,468 | $14,654 | $19,638 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.