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7222 E DR MARTIN LUTHER KING JR BOULEVARD

Lots/Land Recently Sold
$1,725,000

BTC: 26.46517337

ETH: 906.63499138

Sold on: 2026-06-03
539 days
0 room(s)

Overview

Prime 2.82-Acre Commercial Infill Development Opportunity in Tampa. Nestled in the heart of Tampa's dynamic growth corridor, this expansive infill property offers an unparalleled opportunity for commercial development. The land features flat topography, clear boundaries, and 100% buildable uplands significantly reducing construction complexities. A clean 2024 Phase I ESA identified zero Recognized Environmental Conditions (RECs) on the property. Strategically positioned for maximum visibility, the property boasts 202 feet of frontage on FL-574 (E. MLK Jr. Blvd) with two existing curb cuts and a deeded easement providing a possible secondary ingress/egress to Orient Rd. Located less than one mile from I-4 and within three miles of I-75, the site offers excellent connectivity to Downtown Tampa, the Florida State Fairgrounds, and the Seminole Hard Rock Casino. The PD zoning support a wide variety of permitted uses, including light industrial, warehousing, research laboratories, professional offices, hotel, automotive/boat sales, and agricultural projects. Furthermore, the established history of successful zoning modifications in this immediate area suggests a high degree of adaptability for developers seeking custom site layouts or intensified uses. The property carries a Research Corporate Park (RCP) Future Land Use designation. Tailored for high-intensity employment, the RCP category supports a 1.0 FAR, offering a strategic path to significantly increase building capacity through a Major Modification. Residential uses are strictly prohibited, ensuring the long-term commercial integrity of the corridor. Utilities are readily available for connection, including a 12-inch water main and a 4-inch wastewater force main directly in the right-of-way. Additional value is generated through an existing billboard lease, providing immediate recurring income to offset holding costs. A boundary/topographic survey, Phase 1 and transportation study are also available upon request. This combination of accessible location, versatile zoning, and ready infrastructure makes it an ideal investment for forward-thinking developers.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
2.82 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$444,950
$195K – $1.9M
Confidence Low
List vs. estimate
$1.5M above estimate
List $1,900,000 · +327.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,186
2024
All facts and features
  • Lot

    • Lot: 2.82 Acres

    Other Property Information

    • Parcel Number: U022919ZZZ00000143730.0

    • Zoning: PD

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Available

    • Sewer Nearby

    • Water Available

    • Water Nearby

  • Other financial information

    • Annual tax amount: $14,186

  • Source details

    • MLS ID: T3506316

    Other facts

    • Lot Features: Buildable / Cleared / In County / Level / Sidewalk

    • Direction Faces: South

    • Other Structures: Billboard

    • Water Source: None / Public

    • Lot Size Dimensions: 202 x 626

    • Subdivision Name: UNPLATTED

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: YELLOWFIN REALTY