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Investment Highlights

  • Freestanding commercial building with frontage on E Dr Martin Luther King Jr Blvd.
  • Fenced lot supports a variety of service-oriented operations.
  • Approximately 0.45-acre site with existing improvements.
  • Convenient access to Downtown Tampa and regional highway networks.

Executive Summary

1506 E Dr Martin Luther King Jr Blvd presents an opportunity to acquire a freestanding commercial property along one of Tampa's established east-west corridors. Situated on approximately 0.45 acres, the property includes an existing single-story building that has been marketed for retail, office, service, and owner-user applications. The site benefits from direct frontage on Dr. Martin Luther King Jr. Boulevard, providing visibility and access within the urban Tampa market.
The property's location offers connectivity to Downtown Tampa, Interstate 275, Interstate 4, and the Port Tampa Bay region, supporting a variety of commercial uses that value access to the area's employment centers, transportation infrastructure, and growing population base. Tampa remains one of Florida's major business hubs, with demand drivers including healthcare, logistics, professional services, education, tourism, and port-related commerce.
For investors and owner-users, the asset combines an existing building with a commercially zoned parcel that may support continued occupancy, repositioning, or future enhancement, subject to local approvals. The fenced lot configuration and existing improvements provide functionality for service-oriented operations while maintaining exposure along a heavily traveled commercial corridor. Its central location within Tampa places the property near established residential neighborhoods, retail services, and employment concentrations, creating long-term relevance for a range of commercial users.

Property Facts Under Contract

Price $826,675 CAD
Price Per SF $229.63 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 0.45 AC
Rentable Building Area 3,600 SF
No. Stories 1
Year Built 1975
Tenancy Single
No. Drive In / Grade-Level Doors 1
Zoning CI-Commercial Intensive - https://library.municode.com/fl/hillsborough_county/codes/land_development_code?nodeId=ARTIIZODI_PT2.01.00STZODI

Amenities

  • Fenced Lot
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
A-06-29-19-4BL-000024-00011.0
Land Assessment
$267,901 CAD
Improvements Assessment
$262,971 CAD
Total Assessment
$530,872 CAD
  • Listing ID: 41364763

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 1506 E Dr Martin Luther King Jr Blvd, Tampa, FL 33610

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