

6902 Causeway Blvd
Land | 0.517 acres
Marketing description
Marcus & Millichap is pleased to present 6902 Causeway Blvd, a rare 0.517-acre CI-zoned open storage and contractor yard opportunity in Tampa's premier Port-adjacent industrial corridor. This vacant-delivery asset offers immediate income potential as a turnkey IOS/contractor yard, with no capital required and protected legal nonconforming use under R-9 FLU. The property is located in Federal Opportunity Zone, providing OZ fund capital eligibility for deferred and potentially excluded capital gains.
The site features CI (Commercial Intensive) zoning — the most permissive commercial/industrial zoning in Hillsborough County — with open storage, contractor yards, truck parking, warehousing, body shops, and heavy vehicle sales all permitted by right. No rezoning or conditional use permit required. The property is designated Flood Zone X (Area of Minimal Flood Hazard), eliminating flood insurance burden for tenants and operators — a significant cost and operational advantage over most competing Causeway Blvd sites that carry Zone AE exposure.
Located just 3 miles from the Port of Tampa — Florida's largest port by tonnage generating 80,000+ jobs and $15B+ in annual economic activity — Causeway Blvd is the primary arterial for port-adjacent logistics, contractor, and trades demand. The property offers three-exit flexibility: hold and operate as IOS/contractor yard (immediate, no capex), residential redevelopment under R-9 FLU (4-5 units, OZ-eligible, no amendment), or development opportunity under CI by-right uses.
The site includes approximately 0.388 AC / 16,906 SF of usable area (net of retention pond), 5,000 SF concrete pad, 5,450 SF asphalt, 240 LF chain-link fence, and shed. City of Tampa water and wastewater in place. Delivered vacant at closing with no lease to assume and no holdover risk. Buyer controls the asset from day one.
Investment highlights
- OZ fund capital eligible for deferred and potentially excluded capital gains. Rare CI + OZ + Flood Zone X trifecta on Causeway Blvd — a premium combination no competing site on this corridor can match.
- Most permissive commercial/industrial zoning in Hillsborough County. Open storage, contractor yards, truck parking, warehousing, body shops, and heavy vehicle sales all permitted by right. No rezoning, no CUP required.
- Area of Minimal Flood Hazard eliminates flood insurance burden for tenants and operators. Most competing Causeway Blvd sites carry Zone AE exposure — this is a significant cost and operational advantage.
- Florida's largest port by tonnage — 80,000+ jobs and $15B+ in annual economic activity. Causeway Blvd is the primary arterial for port-adjacent logistics, contractor, and trades demand.
- Delivered vacant at closing. No lease to assume, no holdover risk. Buyer controls the asset from day one and can execute any of the three exit strategies immediately.
- Hold & operate as IOS/contractor yard (immediate, no capex) | Residential redevelopment R-9 FLU (4–5 units, OZ-eligible, no amendment) | Development opportunity under CI by-right uses.
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