REDEVELOPMENT OPPORTUNITY IN SEMINOLE HEIGHTS ON N. NEBRASKA AVE IN TAMPA

Located at the corner of N. Nebraska Ave and E. Hanna Ave in Tampa FL.This commercial automotive property at 6200 Nebraska Ave offers a prime location in the Seminole Heights neighborhood in an opportunity zone, with high visibility and a solid foundation for any discerning investor or business owner. The property includes two lots and two automotive buildings on .55 acres and is located on busy N. Nebraska Ave. at a signalized intersection of N . Nebraska Ave and E. Hannah Ave. The property’s CI zoning, amenities, security features, and compliance with regulations make it an outstanding investment opportunity. This property is prime for a business owner to take over and occupy, or to be redeveloped. With a diverse and vibrant surrounding community, this property is poised for continued success. Property Features: • Two Buildings: The property features two buildings. The front structure is equipped with an office, three fully operational auto lifts and an additional apartment, offering income potential or a residential option. The rear building is a versatile space featuring six bays and an office. • EPA Certification: The property is pristine and fully compliant with the City of Tampa’s regulations. • Security: A sturdy privacy fence ensures security for the property. Demographics: Seminole Heights is a vibrant and diverse neighborhood with a population of approximately 17,312 residents. The neighborhood boasts a mix of medium-sized (three or four bedroom) to small (studio to two-bedroom) single-family homes and small apartment buildings. The average rental price in Seminole Heights is $2,021, making it an affordable option for many. The neighborhood is known for its historic charm, with 69.1% of the residential real estate built from 1939 or earlier. Occupation and Income: The median household income in Seminole Heights is $71,604, with a diverse range of occupations including transportation, food, education, and protective services. The neighborhood is also known for its cultural diversity, and it’s broad range of businesses. Neighborhood Redevelopment: Seminole Heights is experiencing a significant transformation with various redevelopment projects enhancing the neighborhood. The Greater Seminole Heights Community Planning effort, which began in 2008, has been instrumental in revitalizing the area. The Tampa Community Redevelopment Agency (CRA) has been actively working to improve safety, affordability, and encourage new development. The new overlay district approved by the Tampa City Council aims to make the neighborhood more walkable and accessible, with improved parking regulations and the allowance of accessory dwelling units (ADUs). Seminole Heights redevelopment has attracted many new businesses, residents, and fosters a vibrant, inclusive community. Businesses at Location: • Marcelo’s Body Shop & Collision: Located on the property, Marcelo’s Body Shop & Collision is a family-owned business serving Tampa Bay since 2013. The shop is highly rated for its quality work and excellent customer service1. It provides repair and maintenance for domestic and foreign vehicles, accepting all insurance claims. The shop has a strong reputation in the community and is known for its reliable and professional service. • M.A.G. TAMPA Mechanic and Auto Repair: Located on the property, MAG is a well respected automotive repair shop founded in 2015 and known for its professional and reliable services. They offer a range of services including car diagnostics, electrical repairs, and engine maintenance1. Mag is committed to providing honest assessments and fair estimates for car repairs, making it a trusted choice for vehicle maintenance in the Seminole Heights area • Nearby: The property is conveniently located less than 3 miles from Highway 275, providing easy access to a variety of businesses and services in the area, and nearby to new development.