Commercial Land
8331 Double Branch Road Tampa, FL 33635
Details & Description
Price: $790,000
    The subject property is a 2.51 acre piece of land, entitled for a 50 bed Assisted Living Facility. The property is located off of Hillsborough Avenue (The East West Thoroughfare), in the Town N Country/ Westchase area of Tampa. The property is located across from a large new luxury apartment complex. The U.S. Assisted Living Facility market is expected to expand by 5.3% in the next 5 years. The average cost of an Assisted Living Facility bed in Tampa is $3,250 a month and with the increase market demand, this opportunity offers developers a safe investment. The site is conveniently located 6 miles from the Veteran Expressway and 10 miles from Tampa International Airport.
    Property Highlights
    Listing Agents
    Mo Derbala

    O: 813-387-4753
    moe.derbala@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    8331 Double Branch Road

    Tampa, FL 33635

    Listing ID: 275752
    • 8331 Double Branch Road Tampa, FL 33635 | for Sale | Photo 1
    • 8331 Double Branch Road Tampa, FL 33635 | for Sale | Photo 2
    8331 Double Branch Road | for Sale | Thumbnail 1
    8331 Double Branch Road | for Sale | Thumbnail 2
    Building Size: --
    Lot Size: 2.510 AC
    Land Size: 109,335 SF
    Building $/SF:
    Land $/SF: $7.23
    Price
    $790,000
    Property Highlights
    2.51 Acres Entitled For A 50 Bed Assisted Living Facility
    Excellent Location Off Hillsborough Avenue
    Densely Populated - 150,000 People Within 5 Miles
    Build To Suit Is Available
    Description

    The subject property is a 2.51 acre piece of land, entitled for a 50 bed Assisted Living Facility. The property is located off of Hillsborough Avenue (The East West Thoroughfare), in the Town N Country/ Westchase area of Tampa. The property is located across from a large new luxury apartment complex. The U.S. Assisted Living Facility market is expected to expand by 5.3% in the next 5 years. The average cost of an Assisted Living Facility bed in Tampa is $3,250 a month and with the increase market demand, this opportunity offers developers a safe investment. The site is conveniently located 6 miles from the Veteran Expressway and 10 miles from Tampa International Airport.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Tampa History of Commercial Land for Sale

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    Tampa Area Market Trends

    Listing Demographics for 8331 Double Branch Road Tampa, FL 33635

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,09759,688181,128
    Population Median Age373840
    Population by Age0-9 Yrs649 (10%)7461 (12%)21355 (11%)
    10-19 Yrs562 (9%)7424 (12%)21175 (11%)
    20-29 Yrs832 (13%)7509 (12%)21683 (11%)
    30-39 Yrs1519 (24%)9640 (16%)25017 (13%)
    40-49 Yrs892 (14%)8452 (14%)25460 (14%)
    50-59 Yrs768 (12%)8743 (14%)26809 (14%)
    60-69 Yrs518 (8%)6038 (10%)20532 (11%)
    70+ Yrs357 (5%)4421 (7%)19098 (10%)
    Median HH Income$73,453$77,240$68,098
    Total Household Income< 24K164 (6%)2673 (12%)10821 (15%)
    25-49K410 (16%)3937 (17%)14460 (20%)
    50-74K714 (28%)4225 (19%)12284 (17%)
    75-99K368 (14%)3020 (13%)8852 (12%)
    100-199K730 (29%)5790 (26%)16611 (24%)
    200K+124 (4%)2567 (11%)6142 (8%)
    Highest Education LevelNo Diploma14722989187
    Diploma or GED12001044734701
    Some College839735023184
    Assoc. Degree778442112054
    Bachelors Degree11461127433129
    Higher Degree618637716839
    Total Housing Units2,91024,90777,978
    --Owner-Occupied1,29713,75545,482
    --Renter-Occupied1,2138,45723,688
    Owner-Occupied Values< 100K17913826965
    100-199K285266411251
    200-299K254319410089
    300-399K36632308786
    400-499K11916744038
    500K+9316114353
    Total Working Age Population5,03547,736147,028
    In Work Force3,79934,08197,342
    Not In Work Force1,23613,65549,686
    Workforce Employed3,65632,42592,551
    Workforce Unemployed1301,5624,613
    Civlian Workforce3,78533,98797,163
    Military Workforce1494179
    Total Households2,51022,21269,170
    Family Households1,45714,95845,600
    Non-Family Households1,0537,25523,570
    Married Couple1,00911,11332,991
    Other Family4483,84512,609
    Married w/Child3544,74013,044
    Single Male w/Child186232,087
    Single Female w/Child1981,6735,067

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Hillsborough County998,948+231,229,226+191,466,803+161,708,550
    Pinellas County921,482-1916,542+7983,883+51,034,290

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 8331 Double Branch Road in Tampa?
    The asking price for 8331 Double Branch Road is $790,000
    How much land does the Tampa, FL property at 8331 Double Branch Road include?
    8331 Double Branch Road in Tampa includes 2.510 acres of land
    What kind of Land is the propery at 8331 Double Branch Road?
    The property at 8331 Double Branch Road Tampa, FL 33635 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 8331 Double Branch Road in Tampa?
    The population within 1 mile of 8331 Double Branch Road Tampa, FL 33635 is 6,097 people.
    Who do I contact for questions about 8331 Double Branch Road?
    You should contact the listing agent, Mo Derbala , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Tampa International Airport (TPA) 7
    Sarasota Bradenton International Airport (SRQ) 44
    Orlando International Airport (MCO) 85