Tampa, Florida, is an attractive destination for investors seeking to capitalize on the city's diverse economy and growing population of around 398,173. Commercial Land for Sale in Tampa presents a unique opportunity to tap into the city's strong tourism industry, healthcare sector, and maritime industry, among others. As a hub for various industries, Tampa's Commercial Land offers a range of investment possibilities, from retail and office spaces to industrial and logistics facilities. With its strategic location on the Gulf Coast, Tampa's Commercial Land is well-positioned to benefit from the city's busy port and transportation infrastructure, making it an ideal location for businesses that rely on imports and exports.
With 54 Commercial Land listings available in Tampa, investors have a wide range of options to choose from. The average price per square foot for Commercial Land in Tampa is $402 USD, with an average size of 6,463 square feet. The largest Commercial Land listing available in Tampa spans 12,302 square feet. Tampa's Commercial Land market offers a competitive average cap rate of 6.54%. In addition to its strong economy and infrastructure, Tampa's attractions, such as Busch Gardens Tampa Bay, Adventure Island, and the Florida Aquarium, make it a popular destination for tourists and locals alike. The city's diverse neighborhoods, including Ybor City, Downtown Tampa, and Hyde Park, offer a unique blend of culture, entertainment, and commerce, making Tampa an attractive location for businesses and investors.
What are common commercial uses for land in the Tampa market?
In the Tampa market, common commercial uses for land include retail and office developments, taking advantage of the city's strong economy driven by tourism, healthcare, finance, and technology. Additionally, land is also used for industrial and logistics purposes, leveraging Tampa's strategic location as a major transportation hub, with access to the Port of Tampa, Tampa International Airport, and several major highways.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Tampa, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or purchase land at a public auction, and it's essential to understand the process, which is why we recommend reading our article on how to buy land to ensure a successful transaction.
In Tampa, with 54 available listings of commercial land, investors have a range of options to choose from, with average prices per square foot at $402 USD and average sizes of 6,463 square feet. Additionally, the largest available parcel of land spans 12,302 square feet, offering ample opportunities for development projects.
