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    2821 Dr Martin Luther King Jr N St Saint Petersburg, FL 33704-2030
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    Property profile & analytics

    2821 Dr Martin Luther King Jr N St, Saint Petersburg, FL 33704-2030

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    • Warehouses
    • 2,026 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Mar 30, 2023
    $495,000
    Property ID
    US18-4008593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    2.4%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2821 Dr Martin Luther King Jr N St

    Year built
    1963
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property type
    Warehouses
    APN
    07-31-17-28332-000-0030
    APU
    73117283320000030

    Description

    This exceptional off-market investment opportunity presents a 2,333 square foot warehouse building situated on a 6,264 square foot lot at 2821 Dr. Martin Luther King Jr St N, St. Petersburg, Florida 33704. Built in 1963, this property benefits from a highly visible street-front location in a bustling commercial district within the Tampa Bay Metro area. The building features two front roll-up doors opening onto a wide sidewalk, ideal for a cafe or similar use, and a large, prominent sign. Inside, the layout is primarily open space with two enclosed rooms, and a rear roll-up door provides access to rear parking, potentially suitable for outdoor seating. The generous CCT-1 zoning allows for a wide range of uses, including restaurants, cafes, boutiques, galleries, salons, spas, wellness centers, general offices, medical facilities, financial services, and even showroom or storage uses. Ample parking is available, and the property enjoys high foot traffic and proximity to major transportation routes. The asking price is $695,000. This presents a strong potential for high return on investment in a thriving market. The property's history includes retail uses, dating back to at least 1969.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $725,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $539,000
      Market price range: $293k - $723k
      AI Estimate
      $539,000
      Market price range: $293k - $723k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $490,000
      Current use
      AUTO REPAIR, GARAGE
      $705,000
      Change: +45% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $645,000
      Change: +32% Conversion: Moderate
      OFFICE BUILDING
      $600,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $480,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6464
    Latitude
    27.798
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,270
    $0.00
    $0.00
    $215,000
    -
    $163,726
    $51,274
    $215,000
    More about this property
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