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Investment Highlights

  • Planned Development
  • Industrial/Commercial Zoning Permitted

Executive Summary

1.65-Acre Tampa Development Site | Residential Entitlement + Commercial/Flex Redevelopment Potential
Rare opportunity to acquire two contiguous parcels totaling approximately 71,860 SF (±1.65 acres) in the Palm River/Progress Village area of Tampa. Located at 4411 and 4415 S. 70th Street, the properties are being offered together as a combined development and redevelopment opportunity.
The property is currently zoned RSC-6 (Residential Single-Family Conventional) with a mobile home overlay. In addition to the existing residential development potential, the owner has initiated a Rezoning Pre-Submittal Review with Hillsborough County Development Services to evaluate potential commercial, flex, warehouse and limited light-industrial redevelopment.
The pre-submittal review is intended to identify the most appropriate entitlement path before a formal rezoning application is filed. Potential concepts under evaluation include office, showroom, flex/warehouse, contractor and business services, indoor storage, wholesale/distribution, minor assembly and other compatible commercial/light-industrial uses.
PARCEL INFORMATION
4411 S. 70th Street, Tampa, FL
Folio: 048858-8100
Approx. Land Area: 47,313 SF
4415 S. 70th Street, Tampa, FL
Folio: 048858-8200
Approx. Land Area: 24,547 SF
Combined Site: Approx. 71,860 SF / ±1.65 acres
The parcels are contiguous and were historically part of the same original parcel, creating an opportunity to control a substantial development footprint under common ownership.
COMMERCIAL / FLEX ENTITLEMENT OPPORTUNITY
The site occupies a unique location at the transition between established residential development and increasingly intensive commercial/industrial uses in the surrounding area.
Immediately adjoining the property is land previously approved for a Future Land Use change from RES-6 to SMU-6 through HCCPA 21-05, followed by PD 20-1142. The adjoining SMU-6 designation provides for consideration of commercial, office, mixed-use and light-industrial development.
The owner is presently working through Hillsborough County's pre-submittal process to evaluate the feasibility of extending compatible commercial/flex/light-industrial development to the subject assemblage.
Potential entitlement paths being evaluated include applicable Future Land Use flexibility from the adjoining SMU-6 area, commercial/intensive-commercial zoning, site-controlled/Planned Development zoning, or an SMU-6 Future Land Use amendment if required.
No commercial rezoning or Future Land Use amendment has been approved or is represented as guaranteed. Buyers should independently verify entitlement potential and allowable uses with Hillsborough County.
UNIQUE SITE CONFIGURATION
4411 S. 70th Street has an unusual configuration consisting of a large northern area and a southern development area connecting directly to 4415 S. 70th Street.
The northern portion of 4411 is affected by substantial utility infrastructure and easements, including major electrical transmission infrastructure. This area may provide opportunities for open space, buffering, stormwater, landscaping or other site-planning functions, subject to County and utility-provider review.
The southern portion of 4411 and adjoining 4415 create a contiguous development area with frontage/access along S. 70th Street.
4415 also extends south to Marc Drive, providing approximately 70 feet of additional frontage along the residential neighborhood. For potential commercial redevelopment, the owner is evaluating a site concept emphasizing commercial access from S. 70th Street while appropriately buffering or restricting commercial traffic along the Marc Drive residential interface.
EXISTING RESIDENTIAL DEVELOPMENT POTENTIAL
The existing RSC-6 zoning provides an alternative residential development opportunity. Current Hillsborough County dimensional standards generally establish a 7,000-SF minimum zoning lot area and 70-foot minimum lot width for RSC-6, subject to subdivision, infrastructure, access, utility, stormwater and other development requirements.
The assemblage may therefore appeal both to residential builders seeking a multi-lot development opportunity and to investors/developers seeking to pursue higher-value commercial/flex entitlements.
LOCATION & REDEVELOPMENT CONTEXT
The property is situated within the broader Palm River area of Hillsborough County, where residential neighborhoods coexist with established commercial, warehouse, distribution and industrial employment uses.
The location provides convenient connectivity to major Tampa transportation and employment corridors, including:
• US-301
• Selmon Expressway
• Downtown Tampa
• Brandon commercial/employment centers
• Port Tampa Bay and surrounding industrial/employment areas
• MacDill/Tampa employment markets
The combination of substantial acreage, unusual site configuration, adjoining SMU-6 land, nearby commercial/industrial development and active County pre-submittal review creates a compelling value-add entitlement opportunity.
OFFERING
Both parcels are being marketed together as a single assemblage.
The property may be attractive to residential builders, commercial developers, flex/warehouse developers, contractors, owner-users and land investors seeking either current residential development rights or the opportunity to participate in the property's potential transition to compatible commercial/light-industrial use.
Owner will make available relevant property information and entitlement materials to qualified prospective purchasers.
Buyer is responsible for independently verifying zoning, Future Land Use, allowable uses, acreage, dimensions, utilities, easements, access, development capacity, environmental conditions and all entitlement opportunities with Hillsborough County and applicable agencies. Commercial/light-industrial redevelopment is currently under preliminary County pre-submittal review and has not been approved.

Property Facts

Price $192,000
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Industrial Live or Work Unit
  • Retail Warehouse
  • Warehouse
Total Lot Size 1.65 AC
Zoning Residential & Industrial - RSC-6 zoning with flexibility through Hillsborough County for PD rezoning or alternative uses such as light industrial. Buyer to verify.

1 Lot Available

Lot

Price $192,000
Price Per AC $116,386.28
Lot Size 1.65 AC

1.65-Acre Tampa Development Site | Commercial/Flex Entitlement Potential Rare opportunity to acquire two contiguous parcels totaling approximately 71,860 square feet (±1.65 acres) in the Palm River/Progress Village area of Tampa.

Description

Two contiguous residential parcels totaling ±71,860 SF (1.65 acres) in Tampa’s Progress Village. Zoned RSC-6 for single-family development. 4411 & 4415 S 70th St offered together. Utility easement on north portion of 4411; density can shift across combined site.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • U-02-30-19-663-000001-66610.0
  • U-02-30-19-663-000001-66620.0
Land Assessment
$315,953
Improvements Assessment
$0
Total Assessment
$315,953
  • Listing ID: 39656950

  • Date on Market: 3/4/2026

  • Last Updated:

  • Address: 4415 S 70th St, Tampa, FL 33619

Contact the Sale Advisor

4415 S 70th St - Clei Mel Palm River Development

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