325 Dr. M.l.k. Jr St St. Petersburg, FL 33701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.