Available For Sale - Land

65,340 SF | Show Pricing $

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LISTED BY

Hayle Short
Marcus & Millichap, 813-297-4914

AVAILABILITY DETAILS

Size
65,340 SF
Price/SF
Show Pricing $
Listing ID
SA563728
Notes
Located at in Valrico, FL, this 1.5-acre commercial lot presents a remarkable opportunity for development in the thriving Greater Tampa Bay Area. Priced at $699,000, the site is fully entitled and approved for a 15,000 SF project designed to address the region’s growing demand for senior living and healthcare services. The planned development envisions a 30-bed Assisted Living Facility (ALF) alongside a modern medical office with 9 treatment rooms and 2 offices, offering a seamless combination of residential care and healthcare accessibility. Strategically positioned in a high-demand market with strong occupancy rates, this property promises both significant community impact and attractive investment potential for those seeking to capitalize on the expanding senior living and healthcare sectors.



• Fully Approved Development: 15,000 SF development combining a 30-bed Assisted Living Facility (ALF) and a medical office with 9 treatment rooms and 2 offices.

• Strategic Location: Situated in the Greater Tampa Bay Area, catering to the rising demand for senior living and integrated healthcare services.

• High Demand Asset: Tampa ranks among the top markets for senior housing occupancy (averaging 89.2%) with senior housing construction at its lower, highlighting strong demand and limited supply.

• High-Income Area: Within 1 mile, 37.6% of households earn over $125,000 annually, with an average income of $140,300. Within 5 miles, 24.9% earn over $125,000, and the average income is $107,729.

• Due Diligence Available: Full engineering & architectural plans, construction plans, renderings, and more available. Contact Listing Broker for details.
Uses
Land

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Hayle Short, Marcus & Millichap