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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

325 Dr. M.l.k. Jr St St. Petersburg, FL 33701

3,200 SF Built 1971
Property ID
Property summary
AI-generated overview

Discover Wayland Commercial Commons, a versatile 3,200 square foot Class B commercial property located at 325 Dr. M.L.K. Jr St S, St. Petersburg, FL 33701. This multi-tenant building, built in 1971 and zoned DC-1, offers 8,000 square feet of vacant space, divisible into units ranging from 2,000 to 4,000 contiguous square feet. The property sits on a 3.76-acre lot and features a mix of retail and office space, ideal for businesses seeking high visibility. The building's design includes street-level retail space with expansive door and window frontage, ensuring maximum exposure to the high pedestrian traffic. This location provides exceptional access to a substantial customer base, with approximately 1,000 residents within the building and an additional 10,000 within walking distance. This presents a unique opportunity to establish a thriving business in the heart of the Tampa Bay Metro Area. The property's flexible layout allows for customization to suit various business needs. Don't miss this chance to secure your ideal space in this dynamic St. Petersburg location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1971
Total area 3,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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