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    6201 Dr. M.l.k. Jr St St. Petersburg, FL 33705

    Sponsored
    For Lease
    $20 SF/Yr ($4,660 /Mo)

    High-growth area, 1,647 SF available.

    Lot size:
    2,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,796 square foot medical office building, situated at 6201 Dr. MLK Jr. St. S, St. Petersburg, FL 33705, presents a unique investment opportunity. The property, constructed in 1961, is a single-story Class C building featuring 1,647 square feet of immediately available space. The vacant space, previously occupied by a dentist, boasts pre-installed exam rooms and plumbing throughout, making it ideally suited for a variety of medical or related uses, including dental, veterinary, or spa/salon services. Alternatively, the layout could easily accommodate a law office or other professional practice. The building sits on a 9,464 square foot lot at the highly visible southwest corner of Dr. MLK Jr. St. S and 62nd Avenue S, a signalized intersection. The property includes 13 total parking spaces and is zoned CRS-1. This prime location in a rapidly developing area of St. Petersburg offers excellent visibility and accessibility. The building's single-story design and ample parking provide convenience for both patients and staff. This is a rare opportunity to acquire a well-located medical office building with significant potential for immediate occupancy and strong future returns.

    Property Features for 6201 Dr. M.l.k. Jr St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,796 SF
    Class
    C
    Total Rate
    4660

    Building Details

    Year Built
    1961
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,647 SF
    Rate per SF
    $20

    HighLights

    • Medical Office Build‑out complete.
    • Six (6) operational exam rooms.
    • High‑visibility corner lot with traffic signal.
    • Abundant on‑site parking.
    • Prominent monument signage available.
    • Building features complete plumbing infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6467695
    Latitude
    27.7119204

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    FAQs

    What type of property is this?
    Medical office - High-growth area, 1,647 SF available.
    Where is this medical office located?
    The property is located at 6201 Dr. M.l.k. Jr St St. Petersburg, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Medical Office Build-out complete.; Six (6) operational exam rooms.; High-visibility corner lot with traffic signal.
    Request Owner's contact information
    6201 Dr. M.l.k. Jr St St. Petersburg, FL 33705
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    Realmo Value Estimation

    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

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    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.

    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
    6201 Dr. M.l.k. Jr St St. Petersburg, FL 33705
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