Address: 7222 Dr Martin Luther King Jr Boulevard, TAMPA, FL 33619
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.
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.
Features
Building and Construction
Covered Spaces: 0.00
Fencing: Fenced
Living Area: 0.00
Other Structures: Billboard
Land Information
Lot Features: Buildable, Cleared, In County, Level, Sidewalk, Paved
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: None, Public
Utilities
Carport Spaces: 0.00
Road Frontage Type: Highway, Main Throrughfare
Sewer: None, Public Sewer
Utilities: Electricity Available, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Current Use: Unimproved
Legal Description: W 198.7 FT OF E 397.4 FT OF S 1/2 OF SW 1/4 OF SE 1/4 LESS E 10.50 FT FOR SR 574
Area Major: 33619 - Tampa / Palm River / Progress Village
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