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 (55x100) and a repair shop (70x100) 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, contractors 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