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

    Sponsored
    For Lease
    $35 SF/Yr

    Prime location, two suites available

    Lot size:
    3,678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 25 Dr. Martin Luther King Jr St in vibrant Downtown St. Petersburg, offers two available commercial spaces ideal for a variety of businesses. Situated in a prime location, this property boasts convenient access to Interstate 275, placing it within easy reach of a large customer base. Its proximity to both Tropicana Field and Johns Hopkins All Children's Hospital further enhances its desirability, ensuring high visibility and foot traffic. The building comprises a total of two suites. Currently, a combined 2,724 square feet of retail space is available for lease. Individual suites offer flexibility, with a minimum divisible space of 1,450 square feet and a maximum contiguous space of 1,428 square feet. This presents a unique opportunity for businesses seeking a prominent location in a thriving urban environment. The property's strategic placement within Pinellas County guarantees excellent exposure and accessibility. Whether you're seeking a single suite or considering expansion, this property offers a compelling opportunity to establish or grow your business in a dynamic and high-demand area. Contact us today to schedule a viewing and explore the possibilities. The property is categorized as retail commercial space with multiple tenancies.

    Property Features for 25 Dr. M.l.k. Jr St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,678 SF

    Unit(s) available at that property

    Space
    First Floor
    Size
    1,428 SF
    Rate per SF
    $35
    Space
    1st
    Size
    2,250 SF
    Rate per SF
    $35

    HighLights

    • Retail property in prime Downtown St. Petersburg, FL.
    • Two available spaces totaling 2,724 square feet of vacant space.
    • Spaces range from 1,428 to 2,250 square feet.
    • Located near Tropicana Field and Johns Hopkins All Children's Hospital.
    • Convenient access to I‑275.
    • Property is in Pinellas County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6469912
    Latitude
    27.7704799

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    FAQs

    What type of property is this?
    Retail property - Prime location, two suites available
    Where is this retail property located?
    The property is located at 25 Dr. M.l.k. Jr St St. Petersburg, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Retail property in prime Downtown St. Petersburg, FL.; Two available spaces totaling 2,724 square feet of vacant space.; Spaces range from 1,428 to 2,250 square feet.
    Request Owner's contact information
    25 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

    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.

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