Old Hillsborough Lakefront Development

Investment Overview

The proposed urban service boundary extensions, FDOT’s I-4 Ultimate Project, and FDOT’s Tampa Bay Next initiatives are actively reshaping the area’s economic geography, positioning Seffner for continued growth. This 73 ± acre development tract located at 806 E Old Hillsborough Ave offers a well-placed opportunity within that expansion. Key 2026 local projects include the widening of major highways and intersections throughout the Seffner area, further enhancing accessibility and supporting long-term development activity. Recent updates to Hillsborough County’s Future Land Use policies, particularly the Centers & Connections initiative, are focused on improving connectivity, safety, walkability, and transit access along major corridors. As a result, investors are actively targeting infill and transitional development sites across multiple asset classes. The property benefits from its location just 14 miles east of downtown Tampa, with immediate access to the I-4 and I-75 interchange, placing it within a 30-minute commute of Tampa International Airport and key regional logistics hubs. As of 2026, mortgage rates have begun to stabilize, unlocking pent-up demand across Seffner’s housing spectrum, from entry-level single-family homes to larger estate-style properties and new townhome developments. While many 2017-era Opportunity Zones are approaching their initial sunset, updated OZ 2.0 designations are being finalized, with a focus on rural and semi-rural areas that could further support long-term value for properties along Seffner’s eastern agricultural fringe, including this site.

Investment Highlights

• Infrastructure-Led growth
• Zoning & density opportunities
• Emerging markets
• Potential tax incentives