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Tampa Development Opportunity Near I-275
For Sale
$729,000

705 E WILMA STREET, Tampa, FL 33612

Nearly one acre commercial property off Busch Blvd and Nebraska Ave.

Property Size1,004 SF
Lot Size0.46 Acres
Price / SF$726.10
Days on Market509

Property Features for 705 E WILMA STREET

General Information

Standard status Active
Size 1,004 SF
Lot size 0.46 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,586

Amenities

Central air
Pool
Public Pool
Central Air Cooling
Shingle Roof

Building Details

Year Built 1955
Listing Agency: KELLER WILLIAMS TAMPA CENTRAL
Listed By: JASON PAPI, LLC
Source: Corcoran
Added: Apr 9, 2025 Changed: Aug 25 Last Checked: Aug 29 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS TAMPA CENTRAL

Investment Insights

Based on property information with market context.

Available is nearly one acre of strategically positioned commercial property at 705 E. Wilma Street, located just off Busch Blvd and Nebraska Ave, directly fronting the high-traffic I-275 entrance/exit ramp. The property consists of three parcels (formerly 701, 705, and 801 E. Wilma Street). It features RM-20 zoning. Current income is in place through an existing single-family home and detached two-car garage. The tower on the property is in the process of being decommissioned, clearing the way for redevelopment. This site is next to a brand-new large-scale multi-family development, amplifying both visibility and future demand. The property offers exposure to millions of vehicles each month.

Key Highlights

  • Prime location directly fronting high‑traffic I‑275 entrance/exit ramp.
  • Highly sought‑after RM‑20 zoning already in place.
  • Located next to a brand‑new large‑scale multi‑family development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby

Demographics for 33612, FL

49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly one acre commercial property off Busch Blvd and Nebraska Ave.
Where is this commercial land located?
The property is located at 705 E WILMA STREET Tampa, FL.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Prime location directly fronting high‑traffic I‑275 entrance/exit ramp.; Highly sought‑after RM‑20 zoning already in place.; Located next to a brand‑new large‑scale multi‑family development.
More about this property
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