Land For Sale • 1.5 AC
PROPERTY DESCRIPTION -The opportunity is to acquire 1.5+/- acres for redevelopment located at the entrance to Derby Lane. The value is in the land, as the building needs to be demolished due to mold and flooding damage. The property is within the AE Flood Zone and has a billboard lease in place generating in excess fo $5,000 annually. The property dimensions are approximately 200' width by 300' depth. LOCATION DESCRIPTION - The property is located at 10568 Gandy Blvd. in St. Petersburg, FL. It is on the south side of the road and is wrapped by Derby Lane on 3 sides. MUNICIPALITY - St Petersburg PROPERTY SIZE- 1.5 Acres ZONING - C-2 FUTURE LAND USE - Commercial General PARCEL ID - 17-30-17-00000-340-0600 PROPERTY OWNER - 427 Capital, LLC
| Prime redevelopment opportunity at the entrance to Derby Lane, offering exceptional visibility and traffic exposure. |
| Strategic location along Gandy Blvd with direct connectivity to Tampa and St. Petersburg business corridors. |
| Existing billboard lease generating over $5,000 annually provides immediate income stream. |
| Surrounded by vibrant residential communities and retail hubs with strong demographics—average household income exceeds $100,000 within 5 miles. |
| Convenient access to major thoroughfares including I-275 and Gandy Bridge, linking to Tampa International Airport and downtown St. Petersburg. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| St Pete-Clearwater International | 17 min | - | 6.8 mi |
| Tampa International | 23 min | - | 14.6 mi |