Central Tampa Heights Flex/Office Opportunity Zone
Central Tampa Heights Flex/Office with Opportunity Zone Upside
Marketing description
Price Reduction! Down from $900k to $795k ask. Motivated seller!
Property Description:
1015 E Dr Martin Luther King Jr Blvd is a flexible, value-add flex/office property in a rapidly evolving infill corridor at the edge of Tampa Heights and Seminole Heights, minutes from Downtown Tampa, Ybor City, I-275, and I-4. The 0.36 acre, fully paved and fenced site offers ±8,834 SF of structures, including a main ±4,819 SF building gutted to the studs and two canopy-covered warehouse buildings, giving an owner-user or investor a blank canvas for custom build-out under versatile CG zoning and CC-35 future land use (FLU) within a designated Opportunity Zone.
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Key Property Highlights:
- 8,834 SF total on 0.36 AC (±4,819 SF main bldg; ±1,715 SF & ±2,300 SF canopy-covered warehouses)
- Main building demo'd to studs with plumbing in place and ±300 SF rear storage room (Ready for custom interior buildout)
- Fully paved, fenced lot with 56% coverage ratio and multiple storage options, including covered storage and trailer containers
- Zoning: CG - Commercial General, CC-35 FLU, supports wide range of flex, service, office, and mixed commercial uses
- Located in federally designated Opportunity Zone, enhancing economics for improvements or redevelopment through potential capital gains tax benefits
- Prime Central Tampa infill location just north of Downtown Tampa and Ybor City with ±140 ft of frontage on E Dr Martin Luther King Jr Blvd
- Strong visibility along MLK with traffic volumes reported over 25,000 AADT
- Convenient regional access to I-275 and I-4, serving customers and jobs across the Tampa & St Petersburg MSA
- Ideal for contractor/service, flex office, or other value-add commercial users seeking centrally located workspace with significant on-site storage
Investment highlights
Price Reduction! Down from $900k to $795k ask. Motivated seller!
Property Description:
1015 E Dr Martin Luther King Jr Blvd is a flexible, value-add flex/office property in a rapidly evolving infill corridor at the edge of Tampa Heights and Seminole Heights, minutes from Downtown Tampa, Ybor City, I-275, and I-4. The 0.36 acre, fully paved and fenced site offers ±8,834 SF of structures, including a main ±4,819 SF building gutted to the studs and two canopy-covered warehouse buildings, giving an owner-user or investor a blank canvas for custom build-out under versatile CG zoning and CC-35 future land use (FLU) within a designated Opportunity Zone.
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Key Property Highlights:
- 8,834 SF total on 0.36 AC (±4,819 SF main bldg; ±1,715 SF & ±2,300 SF canopy-covered warehouses)
- Main building demo'd to studs with plumbing in place and ±300 SF rear storage room (Ready for custom interior buildout)
- Fully paved, fenced lot with 56% coverage ratio and multiple storage options, including covered storage and trailer containers
- Zoning: CG - Commercial General, CC-35 FLU, supports wide range of flex, service, office, and mixed commercial uses
- Located in federally designated Opportunity Zone, enhancing economics for improvements or redevelopment through potential capital gains tax benefits
- Prime Central Tampa infill location just north of Downtown Tampa and Ybor City with ±140 ft of frontage on E Dr Martin Luther King Jr Blvd
- Strong visibility along MLK with traffic volumes reported over 25,000 AADT
- Convenient regional access to I-275 and I-4, serving customers and jobs across the Tampa & St Petersburg MSA
- Ideal for contractor/service, flex office, or other value-add commercial users seeking centrally located workspace with significant on-site storage
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