Overview
Redevelopment Opportunity on Martin Luther King Jr Blvd
This 12,350 square foot (.28-acre) site presents a redevelopment or repurposing opportunity in Southeast Seminole Heights, East Tampa. The property is situated in a Qualified HubZone and offers strong visibility and frontage with approximately 100 feet on E. Dr. Martin Luther King Jr Blvd. The location provides excellent accessibility to N. Nebraska Avenue, N. 15th Street, E. Lake Avenue, Interstate 275, and other major thoroughfares. It is located approximately one-half mile east of the Interstate 275 on-ramp at Dr. Martin Luther King Jr. Blvd, 2.2 miles to E. Hillsborough Avenue, and 4 miles to Busch Blvd. The location benefits from high traffic, with an Average Annual Daily Traffic (AADT) of 24,000+/- at E. Dr. Martin Luther King Jr. Blvd. and 13th Street. The property is near dining, shopping, schools, public transportation, and growing residential neighborhoods, and is also minutes from Downtown Tampa, Tampa International Airport, and the Greater East Tampa area. Demographic highlights within a 3-mile radius include a population of 133,975 and an average household income exceeding $75,503. The 1,074 square foot property's highest and best use includes commercial office, commercial retail, mixed-use, community support services, service-related businesses, fitness studios, beauty salons, creative space, and meeting halls. The 2024 Total Population is 18,155 within 1 mile, 133,975 within 3 miles, and 310,372 within 5 miles.
