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Tampa Commercial Investment

$1,900,000
7200 E Dr Martin Luther King Jr Blvd, Tampa, FL
Status: Under Contract
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Property Type
Commercial Acreage
Acreage
2.88 acres
County
Hillsborough, FL
Format
Sale
Features
N/A
List Date
Nov 8, 2024
Documents
Flyer
Description
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: 1,800± feet from I-4 Ramp Additional Land for Expansion 3 Phase Power Property Details: 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
Listing Agent
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Reed Fischbach
Co-Op Member Owner
Fischbach Land Company
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Co-Listing Agent
Agents Name: Blaise Lelaulu
Office Number: 813-540-1000
Co-op approved lenders in Hillsborough County, FL:
Farm Credit
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RLI
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