Address
3917 N Nebraska Avenue, TAMPA, FL
Price
$ 5,250,000
Property Attributes
- MLS#TB8345181
- TypeCommercial
- Listing Status Active
- CountyHillsborough
- CityTAMPA
- AreaTampa / Seminole Heights
- NeighborhoodFENDIGS SUB
- Zip33603
- StyleRetail
- Year Built2001
- Taxes$ 56907
- Price$ 5,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15022
- Lot Size1.94 Acres
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 12/19/2025 | Listed $6,200,000 |
| 8/18/2026 | 15$5,250,000 |
General Features
| Cooling | Central Air |
|---|---|
| Zoning | PD |
| Security Features | Fire Sprinkler System |
| Construction Materials | Block |
| Year Built | 2001 |
| Electric | 3 Phase |
| Property Subtype | Retail |
| Tax Year | 2023 |
| Ownership | Corporation |
| County | Hillsborough |
| New Construction | false |
| Property Type | Commercial Sale |
| Subdivision Name | FENDIGS SUB |
| Building Features | Drive-Through |
| Status | Active |
| 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. |
| City | TAMPA |
| MLS Area | 33603 - Tampa / Seminole Heights |
| Lot Size Units | Acres |
| Lot Size Square Feet | 84366 |
| Tax Annual Amount | 56907.51 |
| Property Condition | Completed |
| Additional Parcels Y/N | false |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/TB8345181 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 12 |
| Virtual Tour | https://buildout.com/sharing/1226490-sale?file=3571672 |
| Legal Description | FENDIGS SUBDIVISION LOTS 1 TO 12 BLOCK B AND LOTS 15 TO 19 BLOCK B TOGETHER WITH A PORTION OF THE 10 FOOT VACATED ALLEY BEING MORE PARTICULARLY DESCRIBED AS: BET AT SE COR OF LT 12 BLK B FENDIGS SD THN N89-35 -42W 410 FT TO E RW OF N NEBRASKA AVE, THN ALG SAID E RW LINE N00-27-43E 175.01 FT TO A CURVE CONCAVE SELY W RADIUS OF 41 FT THN NELY CB N45-26E CHD DISTANCE 57.95 FT TO S RW OF MLK JR BLVD THN ALG SAID LINE S89-35-42E 81.22 TO A CURVE CONCAVE NLY W RAD OF 1484.11 FT CHD BRG N87-27-05E CHD DISTANCE 152.94 FT TO A REV CURVE CONCAVE SLY W RAD OF 1186.37 FT, CB N86-33-30E CHD DIST 85.29 FT THN S00-27-43W 104.57 FT THN S89-35-42E 50 FT THN S00-27-43W 125 FT TO POB LESS FOLLOWING DESC PARCEL: COM AT SE COR OF LOT 12 BLOCK B THN N 89 DEG |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | X |
| Flood Zone Code X | Yes |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | true |
| LivingAreaSource | Public Records |
Exterior Features
| Parking Features | Over 30 Spaces |
|---|---|
| Lot Size Area | 1.9368 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 15022 |
| Lot Size Acres | 1.94 |
| Road Surface Type | Asphalt |
| Waterfront Y/N | false |
| Road Frontage Type | County Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33603
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 28, 2026 4:05 PM UTC
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
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© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Numen Realty Advisors. Data last updated: September 28, 2026 3:54 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
