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Lasbury Tracy Realty Inc
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$440,000

Active

7502 N 40th St, Tampa, FL 33604

480 sq ft

Listing courtesy of MUSGRAVE GROUP LLC · MLS# TB8525301

117 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

**Seller financing available with an acceptable down payment** Discover an exceptional redevelopment opportunity on this cleared, buildable commercial parcel in a high-visibility location along Tampa's thriving 40th Street corridor. This landmark property was home to a beloved family-owned seafood market that successfully served the community for more than 50 years and is now ready for its next chapter. With public water, sewer, and high-speed internet available, the site is primed for development. Zoned General Commercial (CG), the property offers a wide range of potential uses, including retail, office, restaurant, mixed-use, and other commercial ventures. A standout feature is its three existing curb cuts, providing exceptional access, improved traffic flow, and added flexibility for future site design—an increasingly valuable asset for developers and business owners alike. Conveniently located with easy access to major roadways, public transportation, and surrounding amenities, the property offers outstanding visibility and accessibility. For buyers exploring residential redevelopment, the site may have the potential for approximately 10–12 residential units, subject to final site design, density, zoning approvals, and applicable county requirements. Buyers are encouraged to conduct their own due diligence with Hillsborough County regarding zoning, permitted uses, variances, and development requirements. Whether you're an owner-user, developer, or investor seeking your next project, this unique property offers tremendous upside in one of Tampa's rapidly growing corridors. Contact us today for additional information or to schedule your private tour.

Facts

Property type
Mixed Use
Year built
1957
Exposure
East
Flood zone
X
Annual taxes
$2,028/yr
Listed
Jul 3, 2026
MLS #
TB8525301

Commercial details

Building & site

Building size
16,798 SF
Lot size
0.39 acres (16,798 SF)
Zoning
CG
Road frontage
Access Road, City Street

Investor metrics

Price per SF (MLS)
$26.19/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Virtual tour

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Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

7502 N 40th St, Tampa, FL 33604

Listing courtesy of MUSGRAVE GROUP LLC · MLS# TB8525301 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:22 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]