Excellent investment opportunity to own a cash flowing asset paired with vacant developable land in an appreciating location just off the I-4 on ramp in Tampa, FL. This property consists of a 12,500 SF block building on 2.88± acres. Behind the building on the North side, is 2± acres of level, high and dry land for future expansion. The building features 2 roll up doors, 3 phase power, and is split into a showroom (55’x100’) and a repair shop (70’x100’) and is currently leased through October 2028. This property has a PD-MU zoning which allows for a range of light industrial uses, food distribution, RV parks, equipment sales, contractor’s office with accessory open vehicle and equipment storage, retail, and several other uses. Located in the thriving Tampa market with easy access to I-4 and I-75, this property offers a unique combination of investment routes, enabling it to be a perfect fit for many investors and end users.
Property Highlights:
Property Type: Commercial Building
County: Hillsborough
Property Address: 7200 E Dr MLK Jr Blvd, Tampa, FL 33619
Sale Price: $1,900,000
Folio/Parcel ID: 041141-0000
Zoning: PD-MU 19-0166
Future Land Use: LI-P Light Industrial-Planned
STR: 02-29-19
Road Frontage: 200 feet on E Dr MLK Jr Blvd
Property Taxes: $30,351.34 (2023)
Utilities: City of Tampa
Commercial Buildings
Investment
Within City Limits