Financial
Distress signals
Property profile

1453 S Martin Luther King Jr Ave Clearwater, FL 33756

FOR SALE
Manufacturing properties
Property ID
US18-2714696
2,880 SF 0.71 ac lot Built 1986
Last sale May 2002 · $361,000
Individually Owned Owner of record is an individual. 24-yr Hold Held for 24 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

In Clearwater, Florida, the property at 1453 S. Martin Luther King Jr. Avenue consists of approximately 11,000 square feet across three buildings on a lot of approximately 0.71 acres. The layout includes a mix of office, warehouse, and self-storage uses. The main building provides approximately 5,000 square feet, including about 2,400 square feet of warehouse space with 18-foot clear heights, an approximately 12' x 10' grade-level door, epoxy flooring, upgraded electrical, a new insulation…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$575k
Effective rate1.79%

Value estimate

· Sep 2026
$335k
$302k – $369k
Submarket $/SF estimate$888k
NOI build-up
Gross scheduled income$286k
Vacancy & credit loss−$22k
Operating expenses−$66k
NOI · 7.93% cap applied$198k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
Submarket average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$100 – $308
Qualifying comparables4

Cap rate analysis

How does the asset earn?
7.93%
$198k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.9
Grocery Store9.6
Veterinary Clinic9.3

Location

1453 S Martin Luther King Jr Ave Clearwater, FL 33756
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1009 Ct, Clearwater, FL 33756-5746 $2,500,000 Dec 2023 1,288 SF
699 Lakeview, Clearwater, FL 33756-3335 $1,072,000 Jun 2021 14,700 SF
803 Missouri, Clearwater, FL 33756-4107 $647,000 Feb 2021 2,320 SF
505 Howard, Clearwater, FL 33756-1101 $1,150,000 Jun 2020 9,564 SF
1251 Lincoln, Clearwater, FL 33756-8203 $209,000 May 2020 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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