±8 ACRES VACANT LAND MLK JR. BLVD. & ORIENT RD.

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30750704
Property Subtypes: Multi-Family, Office, Retail, Other
Status: Pending
Gross Land Area: 8 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2021

Overview / Comments

Land Advisors Organization is pleased to exclusively offer ±8 acres of vacant commercial land located directly at the NE corner of Martin Luther King Jr. Blvd. & Orient Rd. in Tampa, FL.

The property features approximately 1000 feet of highway frontage on Dr. Martin Luther King Jr. Blvd. and 315 feet on Orient Rd. All access points and driveway cuts shall be verified by the buyer with Hillsborough County and FDOT.

The property offers convenient access to Martin Luther King Jr. Blvd., providing easy transportation connectivity to Interstates 4 and 75. It is located just over two thirds of a mile from Interstate 4, just under 3 miles from Interstate 75, and is approximately 6 miles from downtown Tampa. Several bus stops are also within walking distance of the property allowing for easy access to alternative forms of transportation.

This is a great opportunity for a developer or user to create a new commercial or
residential development in an area where roadway access is above average and where over 119,000 jobs are located within a 5-mile radius. Some of Tampa’s leading entertainment venues are also located less than a mile away, including the Florida State Fairgrounds and the Seminole Hard Rock Hotel & Casino.

LOCATION The property is located at the NE corner of the intersection,
approximately two thirds of a mile east of Interstate 4.

SIZE ±8 Acres

HILLSBOROUGH COUNTY FOLIO # 040843-0000 & 040843-0100

ZONING PD 92-005. Permitted uses include and are not limited to general retail, veterinary clinics, automobile and boat sales, service stations, banks, convenience stores, food distribution, driving ranges, light industrial, medical offices, parks, RV park, warehousing, construction equipment rental/sales, sales of portable storage buildings, restaurants, and contractor’s offices.
Zoning and desired future use shall be confirmed with Hillsborough County given the history of this area’s PD zoning modifications.

FUTURE LAND USE
According to the Hillsborough County Future Land Use code, OC20 Office Commercial allows up to a maximum of 20 residential dwelling units per gross acre and a general .75 FAR. Retail developments are limited to .35 FAR.

COMMUNICATION
All communication regarding any aspect of this offering shall be made directly through Nancy Surak at the Land Advisors Organization. Please do not disturb current tenant onsite.

Nancy Surak | nsurak@landadvisors.com | ph. 813.448.1999
1646 W. Snow Avenue, Suite 33, Tampa, Florida 33606

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: 040843-0000, 040843-0100
Zoning: PD 92-005
Property Located Between: I-4 and I-75
Property Visibility: Excellent
Largest Nearby Street: MLK Jr. Blvd.
Feet of Frontage: 1,000
Lot Frontage: 1000
Zoning Description: PD 92-005. Permitted uses include and are not limited to general retail, veterinary clinics, automobile and boat sales, service stations, banks, convenience stores, food distribution, driving ranges, light industrial, medical offices, parks, RV park, warehousing, construction equipment rental/sales, sales of portable storage buildings, restaurants, and contractor’s offices. Zoning and desired future use shall be confirmed with Hillsborough County given the history of this area’s PD zoning modifications.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,163 50,591 238,939
Median Age: 35.66 32.82 33.81
Households: 2,145 17,736 91,048
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