1.5 ac for Redevelopment @ Entrance to Derby Lane

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