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
Individually Owned 24-yr Hold ~ Est. High Equity
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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 liner, and skylights, along with an approximately 2,600-square-foot renovated two-story office area featuring a reception area, five private offices, four to five cubicle workstations, an oversized conference room, a break room, and multiple access points. The rear buildings together provide approximately 6,000 square feet with 43 self-storage units in varying sizes. The site is fully fenced and secured with an electronic gate system and updated security, and includes parking for over 17 vehicles with newly paved and striped spaces. Documented improvements include new interior and exterior paint, new storage doors, roof sealing and coating, and extensive site cleanup and landscaping, with renovations completed in 2026. The property is zoned commercial and is configured to support contractor and service businesses, light industrial users, office/warehouse operations, and storage-oriented businesses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction STEEL FRAME
Total area 2,880 SF
Lot 0.71 ac (30,967 SF)
APN 22-29-15-22986-000-0100
UPID US18-2714696

Cap rate & NOI

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

Location

1453 S Martin Luther King Jr Ave Clearwater, FL 33756
Clearwater metro Census 25800 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$888k
Blend (final) Blend
$335k

Owner & transaction history

since 2002
4 recorded transactions
2002
$361,000
1998
$215,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $600,000 +26.0%

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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