$6,200,000
3917 N Nebraska Avenue Tampa, FL 33603
For Sale MLS# TB8345181
15,022 sq ft Commercial
Details for 3917 N Nebraska Avenue
MLS# TB8345181
Description for 3917 N Nebraska Avenue, Tampa, FL, 33603
This former 15,022 SF freestanding drug store (Walgreens) is situated on a 84,366 SF (1.94 Acre) CG (Commercial General) zoned lot at the lighted intersection of Nebraska Ave and Dr Martin Luther King Jr Blvd which enjoys a combined traffic count of 35,000 VPD (both streets). The interior of the structure features high ceilings of approximately 20 ft and column spacing of 35 ft and has a covered drive through lane and ample 3-phase power. The building as also fully fire sprinklered. The site features excellent access from both Dr Martin Luther King and Nebraska Ave and boasts 67 parking spaces. Preliminary site plan approval for a "Live Local" redevelopment yielded a probable site plan of 230-250 units with 7 story height limit after a zoning & comprehensive plan change. The property sits within an Opportunity Zone, and, given the scope of the potential project, a doubling of basis would be easy to achieve. ** Also available for lease Located on N. Nebraska Avenue and E. Martin Luther King, Jr. Blvd. and close to I-275 and I-4, offering easy access to surrounding areas, including downtown.
Listing Information
Property Type: Commercial, Retail
Status: Active
Lot Size: 1.94 Acres
Square Feet: 15,022 sq ft
Year Built: 2001
Stories: 1 Story
Construction: Block
Construction Display: New Construction
Subdivision: Fendigs Sub
Foundation: Slab
County: Hillsborough
Construction Status: New Construction
Utilities
Cooling: Central Air
Exterior / Lot Features
Parking Description: Parking Space(s)
Community Features
Security Features: Fire Sprinkler System
Driving Directions
Veterans Express (589 S), continue on SR-60 E (Memorial Hwy), 1.53 miles, take the exit toward Tampa/I-4 onto I-275 N, 6.58 miles, take exit 46B toward Martin Luther King Jr Blvd, onto N Taliaferro Ave, 0.20 miles, turn right onto E Dr Martin Luther King Jr Blvd, 0.15 miles, turn right, 0.02 miles, turn left, 0.02 miles to property.
Financial Considerations
Tax/Property ID: A-07-29-19-4MC-B00000-00004.0
Tax Amount: 56907.51
Tax Year: 2023
A broker reciprocity listing courtesy: BAY STREET COMMERCIAL LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3917 N Nebraska Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3917 N Nebraska Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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