Catylist ID:
#30736636
Lighted Corner Mixed Use Development Site (Dr MLK & 26th)
Vacant Land
for Sale
| Catylist Listing ID: | 30736636 |
| Property Subtypes: | Multi-Family, Retail |
| Gross Land Area: | 22,782 SF |
| Sale Price: | $469,000 |
| Unit Price: | $20.59 PSF |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/30/2022 |
Overview / Comments
|
This .52 acre, 3 parcel, hard corner assemblage is located at the lighted intersection of E Dr Martin Luther King JR Blvd and 26th directly across from the new C. Blythe Andrew, Jr Public Library. The north parcel has a 1,454 SF single family residence. Currently, the site has a split zoning (CI-Commercial Intensive & RS-50 - Residential Single Family) but the future land use allows for a more intense development as the rear of the property is Residential-20 and the corner for Community Commercial -35. A developer could petition to have the currently unused alleyway vacated adding more land creating combined site that could yield potential development of 12 mixed use units totaling up to 20,257 SF or a less intense retail / drive through. * All totals are estimates based upon City of Tampa Land Use Plan and are subject to final review and site plan approval * Land Lease Also Available - $40K Annual NNN Located at the northeast corner of E Dr Martin Luther King Blvd and N 26th Street and east of I-275. **DETAILED SALE BROCHURE UNDER PHOTOS & DOCUMENTS** |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Taxing Authority: | Hillsborough County |
| Tax ID/APN: | A-05-29-19-49Z-000005-00008.0,A-05-29-19-49Z-000005-00010.0,A-05-29-19-49Z-000005-00011.0 |
| Zoning: | CI AND RS-50 |
| Property Located Between: | E Dr Martin Luther King Blvd and N 26th St |
| Largest Nearby Street: | E Dr Martin Luther King Jr Blvd |
| Highway Access: | I-275 |
| Airports: | Tampa International |
| Site Description: | .52 acre, 3 parcel, hard corner assemblage is located at the lighted intersection of E Dr Martin Luther King JR Blvd and 26th directly across from the new C. Blythe Andrew, Jr Public Library. |
| Area Description: | Located at the northeast corner of E Dr Martin Luther King Blvd and N 26th Street and east of I-275. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,460 | 118,620 | 314,621 |
| Median Age: | 33.18 | 34.3 | 35.5 |
| Households: | 5,909 | 45,755 | 125,268 |
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