2222 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33610
Two separate buildings on an oversized lot provide flexible space for retail, office, community services, or other uses.
- Added:
- Feb 18, 2026
- Days on Market:
- 129
- Last Refresh:
- Jun 24 at 2:28 am
Property Features for 2222 E DR MARTIN LUTHER KING JR BOULEVARD
General Information
- Standard status
- Active
- Size
- 2,675 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office SERRALLES GROUP,INC (813) 307-0007
Listing date Feb 18, 2026
Source Corcoran
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 SERRALLES GROUP,INC
HighLights
- Year built 1950
- Two separate buildings on an oversized lot
- Previously operated as a daycare/nursery
- Flexible use potential: childcare, office space, community service, retail, or redevelopment
Overview
The property is located in a well-established area in Tampa and is positioned for convenient access to major roads and busy thoroughfares. It is also described as being near daily amenities, including grocery stores, restaurants, schools, parks, and essential services, which can support activity from both surrounding residential communities and pass-by traffic.
Because the asset is already configured for a childcare-style operational flow while still offering multiple building options, it may appeal to operators looking for flexibility across retail, office, or community service concepts. Investors and developers may also consider the property for redevelopment or re-tenanting, leveraging the two-building layout and outdoor area to align with a proposed business plan.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.9k | $20.88 |
| − Vacancy | −$13.9k | −$5.18 |
| EGI | $42.0k | $15.70 |
| − OpEx | −$10.5k | −$3.93 |
| NOI | $31.5k | $11.78 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Linda's Day Care Center — 3402 E 32nd Ave, Tampa, FL 33610
- Lola's Childcare Center — 4017 N 34th St, Tampa, FL 33610
- Cassandras Day Care — 3507 E 38th Ave, Tampa, FL 33610
- Keyona Griffin Family Childcare Home — 4408 N 25th St, Tampa, FL 33610
- New Friendship Daycare — 3107 E Lake Ave, Tampa, FL 33610
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4329384
- Latitude
- 27.9816688