Oldsmar, Florida– Well, it seems another long time establishment has been purchased in the Tampa Bay area. The Oldsmar Flea Market, located on that desirable lot (can you tell I did real estate) on the corner of Race Track Rd and Tampa/Hillsborough Ave. is the latest property to change hands in the county.

Is Oldsmar Flea Next

Many residents of the two counties have seen a large number of areas being purchased up by developers over the past few years. The large Neilson lot off Patrica in Dunedin along with the old Countryside Executive Golf course and Dogwaters Cafe have been developed in to large apartment complexes, could this location be next?
A corporate entity tied to developer Grady Pridgen has acquired the Oldsmar Flea Market for $11.35 million. Pridgen was not available to comment on the transaction or the properties potential use.
According to Eshenbaugh Land Co., the property will still operate as it has for more than 30 years, as a Flea Market. With hopeful and much needed renovations and upgrades.
Broker Ryan Sampson went on to say, “At the end of the day, it was obvious that the buyer was truly interested in improving the flea market for both the vendors and shoppers while at the same time demonstrating to the seller a true commitment to getting this deal done from the beginning at the highest price without any hesitation”

Needed Help

If you have visited the Flea Market in the past few years, it is no surprise that a needed renovation is way overdue, and it shows.

I have frequented the Oldsmar Flea for well over 25 years, and it is sort of depressing.

From the empty store fronts, and outside vendor spots. To the deserted aisle that use to be filled with shoppers looking for those unique finds and deals, the market needs help!  And I am not alone in my thinking.

In 2017, Oldsmar Mayor Doug Bevis told news channel WFLA that redevelopment was a possibility for the flea market.

“Some mixed use office, retail, residential, shops and things like that would be a great use for that,” Bevis told the TV station. “But, in the end of the day, it depends on what the buyer decides to do with it.”

As of now no changes have been announced, so the long term intent of the property is still a mystery.

What do you think they should do? Leave us a comment.

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