This 1.23-acre buildable parcel, located adjacent to Bloomingdale Plaza in Brandon, Florida, presents a premier investment opportunity in a high-demand retail and office market. It is zoned for Business Professional Offices (BPO) and specific retail uses including apparel/shoe stores, small appliance or art supply stores, bicycle sales, furniture/home furnishings or hardware stores, pet shops, specialty food stores, and sporting goods stores. The parcel is ideally suited for a medical facility, boutique office building, or small multi-tenant retail strip. Associated with Rezoning Petition MM 08-0313 BLD (87-0116), the site allows for a building up to 6,000 square feet with a maximum height of 35 feet, supported by Hillsborough County sewer and water service lines as well as a fire hydrant along the northern boundary.
Strategically positioned with 165 feet of frontage on E. Bloomingdale Avenue, the parcel benefits from a 2024 FDOT traffic count of 39,500 cars per day, offering exceptional visibility and accessibility. Its adjacency to Bloomingdale Plaza shopping center, anchored by Urban Air Adventure Park, ensures synergistic consumer traffic, ideal for specialty retail and professional services. The parcel serves a robust consumer base, with 26,175 residents within a 5-minute drive, 109,993 within 10 minutes, and 250,723 within 15 minutes.
The seller offers flexible terms to maximize investor appeal: a build-to-suit option at cost plus 9%, allowing customized development of up to 6,000 SF, or an “as is” ground lease starting at $75,000 per year (~$1.40/sq. ft.), competitive with Brandon’s retail rental rates. Proximity to major employers (e.g., Brandon Regional Hospital, Progressive Insurance) and retail hubs like Brandon Exchange Mall (1 million+ SF) enhances the parcel’s value, while Hillsborough County’s infrastructure investments ensure long-term growth. This parcel is a rare opportunity to develop or lease a high-visibility site in one of Tampa Bay’s most dynamic commercial corridors, poised for immediate impact and sustained returns.