Temple Terr, Florida Commercial Real Estate 0 Listings

Temple Terr, Florida: A Premier Destination for Commercial Real Estate

Introduction

Temple Terrace, Florida, offers a dynamic and promising landscape for commercial real estate (CRE) professionals. Nestled in the greater Tampa Bay area, this city provides a strategic mix of economic growth, industry clusters, and advantageous positioning, making it a burgeoning hub for various CRE sectors. With a population of approximately 26,000, Temple Terrace is recognized for its proximity to major economic centers and a diverse economy that includes healthcare, education, and retail sectors.

Economic and Industry Overview

Temple Terrace's economy is driven by key industries such as healthcare, education, and retail, which significantly influence the demand for commercial properties. The presence of the University of South Florida nearby fuels demand for office spaces and innovation districts, while the growing healthcare sector creates opportunities for medical office developments. The city's economic development initiatives, supported by local agencies like the Temple Terrace Economic Development Office, aim to bolster these industries by offering incentives to attract new businesses and support existing ones.

Strategic Location and Transportation Infrastructure

Temple Terrace benefits from a robust transportation infrastructure that enhances its appeal as a commercial real estate hotspot. The city is conveniently located near major highways such as I-75 and I-4, providing seamless connectivity to the broader Tampa Bay area and beyond. Tampa International Airport, a short drive away, offers extensive air connectivity, while the Port of Tampa Bay facilitates maritime trade. These logistical advantages make Temple Terrace an attractive location for distribution centers and businesses reliant on efficient transportation networks. For more details, visit the Florida Department of Transportation.

Commercial Real Estate Inventory & Zoning

Temple Terrace features a diverse array of commercial real estate submarkets, including office parks, retail corridors, and industrial zones. The city's central business district (CBD) hosts a mix of office buildings and retail spaces, while industrial corridors cater to warehousing and distribution needs. Notable zoning changes and incentives, such as tax abatements for developers, aim to encourage CRE growth. Detailed zoning information is available through the Temple Terrace Zoning Map.

Major Employers and Institutions

The presence of major employers and institutions in Temple Terrace significantly impacts the local CRE market. Key employers include the University of South Florida, Florida College, and a variety of healthcare providers. These institutions not only drive demand for office spaces and educational facilities but also support ancillary businesses. Explore the Temple Terrace Business Directory for more insights.

Notable Commercial Developments & Projects

Temple Terrace is witnessing a wave of notable commercial developments, including mixed-use projects and innovation parks. These projects often involve public-private partnerships and are frequently located within designated Opportunity Zones, providing additional incentives for investors. For planning and development maps, visit the Temple Terrace Planning Department.

Building Permits, Planning, and Development Tools

Access essential resources for CRE development in Temple Terrace:

Market Data & Economic Reports

Explore comprehensive market data and economic insights for Temple Terrace through public datasets like the U.S. Census Bureau and the city's open data portal. Brevitas utilizes AI-powered aggregation from these public sources and internal insights to provide an unparalleled view of the CRE landscape. Discover more through Brevitas-powered dashboards tailored for Temple Terrace.

Why Use Brevitas for Temple Terr, Florida CRE?

Brevitas offers a cutting-edge platform for discovering CRE opportunities in Temple Terrace, Florida. With AI-driven search capabilities, real-time market alerts, and smart property pages, Brevitas stands out as a premier CRE marketplace. Unique features include: