Property profile

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

OFF-MARKET
Office Spaces
2,796 SF Built 1961
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Year built 1961
Total area 2,796 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

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

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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