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$1,900,000

7222 E Dr Martin Luther King Jr Boulevard Tampa, FL 33619 Land - Lot/Land Active

  • 7222 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33619 Main Photo

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Description

Prime 2.82-Acre Commercial Infill Development Opportunity in Tampa. Nestled in the heart of Tampa's dynamic growth corridor, this expansive infill property offers an unparalleled opportunity for commercial development. The land features flat topography, clear boundaries, and 100% buildable uplands significantly reducing construction complexities. A clean 2024 Phase I ESA identified zero Recognized Environmental Conditions (RECs) on the property. Strategically positioned for maximum visibility, the property boasts 202 feet of frontage on FL-574 (E. MLK Jr. Blvd) with two existing curb cuts and a deeded easement providing a possible secondary ingress/egress to Orient Rd. Located less than one mile from I-4 and within three miles of I-75, the site offers excellent connectivity to Downtown Tampa, the Florida State Fairgrounds, and the Seminole Hard Rock Casino. The PD zoning support a wide variety of permitted uses, including light industrial, warehousing, research laboratories, professional offices, hotel, automotive/boat sales, and agricultural projects. Furthermore, the established history of successful zoning modifications in this immediate area suggests a high degree of adaptability for developers seeking custom site layouts or intensified uses. The property carries a Research Corporate Park (RCP) Future Land Use designation. Tailored for high-intensity employment, the RCP category supports a 1.0 FAR, offering a strategic path to significantly increase building capacity through a Major Modification. Residential uses are strictly prohibited, ensuring the long-term commercial integrity of the corridor. Utilities are readily available for connection, including a 12-inch water main and a 4-inch wastewater force main directly in the right-of-way. Additional value is generated through an existing billboard lease, providing immediate recurring income to offset holding costs. A boundary/topographic survey, Phase 1 and transportation study are also available upon request. This combination of accessible location, versatile zoning, and ready infrastructure makes it an ideal investment for forward-thinking developers.

Property Highlights

Property Type: Land - Lot/Land
Lot Size: 2.82 Acres
Taxes: $14,186

General Information

County: Hillsborough
Subdivision: UNPLATTED
Listed By:
Andrew Schmitt YELLOWFIN REALTY 813-229-8862

Property Features

Days on Site: 752
Directions: I-75 South to exit 260 to merge onto FL-574 west E Dr. Martin Luther King Jr Blvd. Drive west and property will be on the immediate right after crossing Orient Rd.
Fencing: Fenced
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Buildable, Cleared, In County, Level, Sidewalk, Paved
Lot Dimensions: 2.82
Number of Wells: 1
Other Structures: Billboard
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: None, Public Sewer
Showing Instructions: Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Water: None, Public
Water Access Y/N: No
Zoning: PD
$1,900,000
Active
LOT SIZE 2.820 acres MLS#T3506316
STATUSActive PROPERTY TYPELand - Lot/Land SUBDIVISIONUNPLATTED

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7222 E Dr Martin Luther King Jr Boulevard, Tampa, FL 33619.

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Estimated Payment

$ 8,144.71 per month $6,408.38 Principal & Interest $1,182.17 Property Tax $554.17 Homeowner's Insurance

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