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1725 W Chestnut St - West Tampa Infill Redevelopment Opportunity 0.32 Acres of Commercial Land in Tampa, FL 33607
INVESTMENT HIGHLIGHTS
- Two-parcel residential infill assemblage totaling ±13,777 SF (±0.32 acres)
- Positioned for townhome or small multifamily redevelopment (subject to approvals)
- Older industrial building with flexible tenant situation for interim income or redevelopment
- Located in West Tampa with proximity to Downtown, I-275, and major employment centers
- Clear entitlement framework via FLU amendment and unified PD rezoning
- Land-driven value proposition in a supply-constrained infill submarket
EXECUTIVE SUMMARY
The property is being marketed as a land-driven redevelopment opportunity, with value derived from location, assemblage size, and future residential potential rather than existing improvements. The site is well positioned for townhome or small multifamily redevelopment, subject to required approvals.
Planning guidance indicates a residential redevelopment path involving a Future Land Use amendment for 1721 W Chestnut Street followed by a unified Planned Development (PD) rezoning for the combined site. Parcels are expected to be reviewed together to allow for a cohesive residential project consistent with surrounding neighborhood scale.
An older industrial building at 1721 W Chestnut Street is currently tenant occupied. Both owner and tenant understand that, upon sale, the lease may be terminated to accommodate redevelopment or assigned to a buyer seeking interim income, providing flexibility depending on the buyer’s strategy.
Located within a supply-constrained West Tampa submarket, the property offers close proximity to Downtown Tampa, I-275, major employment centers, and neighborhood amenities.
This offering represents an entitlement-driven value-add opportunity for experienced residential developers.
Investment Highlights
• ±13,777 SF (±0.32 AC) two-parcel assemblage
• Central West Tampa residential infill location
• Townhome or small multifamily redevelopment potential (subject to approvals)
• Clear entitlement framework via FLU amendment + unified PD rezoning
• Flexible tenant situation providing optional interim income
• Supply-constrained submarket with limited comparable infill sites
• Value driven by land and redevelopment upside, not existing improvements
Utilities available to site (buyer to verify capacity and connections)
Sale Structure: Fee Simple
Marketing Notes / Broker Remarks
• Parcels offered together; seller intends unified sale
• Drone video, OM, and due diligence materials available upon request
• Confidentiality Agreement required for full data room access
Listing Broker
Jeff Lamm
Managing Broker & Owner
Lamm Properties Inc.
813-300-5266
jeff.lamm@lammproperties.net
DATA ROOM Click Here to Access
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 0.32 AC |
| Lot Size | 0.32 AC |
Two-parcel residential infill assemblage totaling ±13,777 SF (±0.32 AC) in West Tampa. Land-driven redevelopment opportunity positioned for townhome or small multifamily development, subject to approvals.
DESCRIPTION
FOR SALE – RESIDENTIAL INFILL REDEVELOPMENT OPPORTUNITY 1721–1725 W Chestnut Street | Tampa, FL Lamm Properties is offering a two-parcel residential infill assemblage totaling approximately 13,777 SF (±0.32 acres) in West Tampa. The property is being marketed for its land value and redevelopment potential, not existing improvements. The site is positioned for townhome or small multifamily redevelopment, subject to required approvals. Parcels are offered together and intended to be sold as a unified site. Zoning / FLU Summary: • 1721 W Chestnut: IG zoning / Light Industrial FLU (residential not currently permitted) • 1725 W Chestnut: RM-16 zoning / Residential-20 FLU Planning guidance indicates a residential path involving a Future Land Use amendment for 1721 W Chestnut followed by a unified Planned Development (PD) rezoning for both parcels. Buyer to verify all zoning, FLU, and entitlement requirements. An older industrial building at 1721 W Chestnut is currently tenant occupied. Both owner and tenant understand the lease may be terminated or assigned at sale, providing flexibility for redevelopment timing. No value is attributed to existing improvements. The property benefits from a central West Tampa location with proximity to Downtown Tampa, I-275, major employment centers, and neighborhood amenities. Assemblages of this size are increasingly rare in the area. Highlights: • ±13,777 SF (±0.32 acres) assemblage • West Tampa residential infill location • Townhome / small MF redevelopment potential (subject to approvals) • Clear entitlement framework (FLU amendment + PD rezoning) • Flexible tenant situation • Land-driven value proposition Drone video, OM, and due diligence materials available upon request. Confidentiality Agreement required for full data room access.
PROPERTY TAXES
| Parcel Number | A-14-29-18-4PQ-000012-00017.0 | Improvements Assessment | $168,214 |
| Land Assessment | $129,086 | Total Assessment | $297,300 |
PROPERTY TAXES
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1725 W Chestnut St - West Tampa Infill Redevelopment Opportunity
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