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3910 Riga Blvd 30,132 SF Office Building Tampa, FL 33619 For Sale
Investment Highlights
- Prime infill opportunity with ±10.6 acres and ±500’ of linear frontage along S.R. 574.
- Access to nearly 4.3M people within a 60-minute commute to and from the Property in the East Tampa/I-75 Corridor.
- The Property resides in Sabal Park, a 1,000-acre master-planned corporate park located at the southwest quadrant of I-75 and S.R. 574.
Executive Summary
Foundry Commercial’s Investment Advisory Group (“IAG”), as exclusive advisor to Ownership, is pleased to offer for sale the 100% fee-simple interest in 3910 Riga Boulevard
(the “Property”), a 30,132-square-foot, single-story facility situated on ±10.60 acres in Tampa’s Sabal Park. The Property has been fully occupied by Southern Technical College
since 2009, with the tenant expected to vacate upon lease expiration in August 2027.
Prominently positioned at a northern entrance to Sabal Park from State Road 574, the Property benefits from exceptional regional connectivity. State Road 574, Interstate 75, U.S. Highway 301 and Interstate 4 are all accessible within three miles, placing nearly 3.0 million residents within a 45-minute drive. This connectivity, combined with proximity to a deep labor pool, established residential communities and a comprehensive retail amenity base, has attracted numerous major employers to Tampa’s I-75 Corridor.
Southern Technical College’s anticipated departure creates a compelling opportunity for a corporate owner-user seeking a strategically located Tampa facility or a developer pursuing industrial or mixed-use redevelopment within one of Florida’s fastest-growing metropolitan areas.
The Property carries a Community Mixed-Use 12 (“CMU-12”) future land-use designation, supporting residential density of up to 12 dwelling units per gross acre or nonresidential development up to 0.50 FAR. Permitted development may include residential, retail, office, business park, light industrial and mixed-use projects. With substantial upland acreage, flexible future land use and an infill location near four major transportation corridors, 3910 Riga Boulevard represents a rare covered-land investment with significant long-term redevelopment optionality.
(the “Property”), a 30,132-square-foot, single-story facility situated on ±10.60 acres in Tampa’s Sabal Park. The Property has been fully occupied by Southern Technical College
since 2009, with the tenant expected to vacate upon lease expiration in August 2027.
Prominently positioned at a northern entrance to Sabal Park from State Road 574, the Property benefits from exceptional regional connectivity. State Road 574, Interstate 75, U.S. Highway 301 and Interstate 4 are all accessible within three miles, placing nearly 3.0 million residents within a 45-minute drive. This connectivity, combined with proximity to a deep labor pool, established residential communities and a comprehensive retail amenity base, has attracted numerous major employers to Tampa’s I-75 Corridor.
Southern Technical College’s anticipated departure creates a compelling opportunity for a corporate owner-user seeking a strategically located Tampa facility or a developer pursuing industrial or mixed-use redevelopment within one of Florida’s fastest-growing metropolitan areas.
The Property carries a Community Mixed-Use 12 (“CMU-12”) future land-use designation, supporting residential density of up to 12 dwelling units per gross acre or nonresidential development up to 0.50 FAR. Permitted development may include residential, retail, office, business park, light industrial and mixed-use projects. With substantial upland acreage, flexible future land use and an infill location near four major transportation corridors, 3910 Riga Boulevard represents a rare covered-land investment with significant long-term redevelopment optionality.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
30,132 SF
Building Class
C
Year Built/Renovated
1982/2003
Tenancy
Single
Building Height
1 Story
Typical Floor Size
30,020 SF
Building FAR
0.07
Lot Size
10.60 AC
Zoning
PD - Existing: PD (03-1607)
Future Land Use: Community Mixed Use-12
Unincorporated Hillsborough County
Parking
257 Spaces (8.52 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | U-07-29-20-5L2-000000-00001.0 | Improvements Assessment | $5,363,679 CAD |
| Land Assessment | $3,577,919 CAD | Total Assessment | $8,941,598 CAD |
Property Taxes
Parcel Number
U-07-29-20-5L2-000000-00001.0
Land Assessment
$3,577,919 CAD
Improvements Assessment
$5,363,679 CAD
Total Assessment
$8,941,598 CAD
Contacts
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Dale Peterson -
Joe Chick -
Christine Mansour -
Jesse Drake -
Caitlin Quinlan -
Foundry Commercial
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3910 Riga Blvd
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