Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1401 SW MARTIN LUTHER KING JR STREET Arcadia, FL 34266

    View on Map
    For Lease
    $900 /Mo

    Retail - ARCADIA, FL

    Type:Retail
    Property size:
    12,975 SF
    Lot size:
    1.18 Acres
    Added:
    Jul 11, 2024
    Days on Market:
    635
    Last Refresh:
    Apr 6 at 12:06 am

    Property Features for 1401 SW MARTIN LUTHER KING JR STREET

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    CN
    Standard status
    Active
    APN
    01-38-24-0000-0120-0000
    Size
    12,975 SF
    Lot size
    1.18 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    7502.66

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    2010
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Andre Senior
    Andre Senior

    Listing agent Andre Senior License #3118091

    Listing office LOKATION 1500 E. Atlantic Blvd., Pompano Beach, FL

    Listing date Jul 11, 2024

    MLS# C7494799 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Arcadia, Florida

    This retail property is located in Arcadia, Florida. The property has a size of 12975 square feet and is situated on a 1.18-acre lot. The zoning is CN. The property offers potential for starting a business and taking it to the next level.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Map

    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.872962
    Latitude
    27.20524

    Nearby Similar for Lease

    • $8/mo

      Arcadia Retail/Warehouse Opportunity

      15,555 SF building ideal for retail, warehouse, or service operations.
      14 W HICKORY STREET, ARCADIA, FL 34266
      View Details
    • $22/mo

      Arcadia Office Space For Rent

      Office space in growing area, ideal for medical or professional.
      920 N MILLS AVENUE, ARCADIA, FL 34266
      View Details
    • Contact for pricing

      Arcadia Warehouse Space Available

      25,000+ sq ft warehouse in DeSoto Business Park.
      0 SE HIGHWAY 31, ARCADIA, FL 34266
      View Details
    • $25/mo

      Arcadia Retail/Office Space For Rent

      Retail or office space with excellent exposure on Oak Street.
      921 East Oak Street, Arcadia, FL 34266
      View Details
    • Contact for pricing

      Arcadia Retail/Office/Warehouse Space

      Located in the heart of Arcadia, perfect for retail or office.
      1401 Martin Luther King Jr Street SW, Arcadia, FL 34266
      View Details
    • Contact for pricing

      Arcadia Retail Property For Sale

      Retail property available for purchase in Arcadia, Florida.
      9836 SW County Road 761, Arcadia, FL
      View Details
    • Contact for pricing

      Arcadia Plaza Retail Space

      Retail spaces available at Arcadia Plaza in Arcadia, Florida.
      1703-1737 E Oak St, Arcadia, FL
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property with great potential for business growth.
    Where is this retail property located?
    The property is located at 1401 SW MARTIN LUTHER KING JR STREET Arcadia, FL.
    What is the lease rate?
    The lease rate is $900 /Mo.
    What are key features of this property?
    This property features: Great potential to start or expand a business; Located in a great area; Built in 2010
    (954) 545-5583
    We can help!
    Listing Contact
    Andre Senior
    Andre Senior
    Real Estate License ID: 3118091
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!