Property profile

501 Dr Martin Luther King Jr Blvd Tampa, FL 33603

OFF-MARKET
Drive through restaurants
Property ID
US18-4489714
5,115 SF 1.34 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,115 SF
Lot 1.34 ac (58,553 SF)
Zoning code PD
APN A1229184HF000002000020
UPID US18-4489714

Cap rate & NOI

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

Location

501 Dr Martin Luther King Jr Blvd Tampa, FL 33603-3901
Tampa metro Census 3000 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$735k
Blend (final) Blend
$630k

Owner & transaction history

Zoning & alternative use

PD · Tampa, FL
Zoning description

through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development -…

General category PLANNED_DEVELOPMENT

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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