For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Building Commercial Property Title is generated by Realmo AI

    2222 E DR MARTIN LUTHER KING JR BOULEVARD, Tampa, FL 33610

    View on Map
    Claim this Listing
    For Sale
    $500,000

    Two separate buildings on an oversized lot provide flexible space for retail, office, community services, or other uses.

    Type:Commercial
    Property size:
    2,675 SF
    Price / SF:
    $186/SF
    Added:
    Feb 18, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 24 at 2:28 am

    Property Features for 2222 E DR MARTIN LUTHER KING JR BOULEVARD

    General Information

    Standard status
    Active
    Size
    2,675 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

    We can help!

    Contact an agent
    EDDIE SERRALLES

    Listing office SERRALLES GROUP,INC

    Listing date Feb 18, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SERRALLES GROUP,INC

    HighLights

    • Year built 1950
    • Two separate buildings on an oversized lot
    • Previously operated as a daycare/nursery
    • Flexible use potential: childcare, office space, community service, retail, or redevelopment

    Overview

    Offered as a short sale, this two-building commercial property was formerly operated as a daycare nursery. The site includes two separate buildings on an oversized lot, with functional interior layouts and generous outdoor area that can support a range of commercial and community-oriented uses. The outdoor space may be suitable for parking, expansion, or planned site improvements depending on the tenant or operator’s needs.

    The property is located in a well-established area in Tampa and is positioned for convenient access to major roads and busy thoroughfares. It is also described as being near daily amenities, including grocery stores, restaurants, schools, parks, and essential services, which can support activity from both surrounding residential communities and pass-by traffic.

    Because the asset is already configured for a childcare-style operational flow while still offering multiple building options, it may appeal to operators looking for flexibility across retail, office, or community service concepts. Investors and developers may also consider the property for redevelopment or re-tenanting, leveraging the two-building layout and outdoor area to align with a proposed business plan.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $55.9k $20.88
    − Vacancy −$13.9k −$5.18
    EGI $42.0k $15.70
    − OpEx −$10.5k −$3.93
    NOI $31.5k $11.78
    2,675 SF · lease $20.88/SF/yr · vacancy 24.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $450.0K
    $393.8K – $525.0K (±1% cap)
    NOI $31,502 @ 7.0% cap · market cap 6.30%
    Second Best
    Retail
    $440.6K
    $385.5K – $514.0K (±1% cap)
    NOI $30,840 @ 7.0% cap · market cap 6.17%
    Theoretical Best
    Office A
    $617.0K
    $539.8K – $719.8K (±1% cap)
    NOI $43,187 @ 7.0% cap · market cap 8.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Linda's Day Care Center — 3402 E 32nd Ave, Tampa, FL 33610
    • Lola's Childcare Center — 4017 N 34th St, Tampa, FL 33610
    • Cassandras Day Care — 3507 E 38th Ave, Tampa, FL 33610
    • Keyona Griffin Family Childcare Home — 4408 N 25th St, Tampa, FL 33610
    • New Friendship Daycare — 3107 E Lake Ave, Tampa, FL 33610

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4329384
    Latitude
    27.9816688

    FAQs

    What type of property is this?
    Day care center - Two separate buildings on an oversized lot provide flexible space for retail, office, community services, or other uses.
    Where is this day care center located?
    The property is located at 2222 E DR MARTIN LUTHER KING JR BOULEVARD Tampa, FL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Year built 1950; Two separate buildings on an oversized lot; Previously operated as a daycare/nursery
    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