Property profile

508 Dr Martin Luther King Jr Blvd Tampa, FL 33603

OFF-MARKET
Medical Office Space
Property ID
US18-3245515
5,900 SF 0.48 ac lot Built 1989
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,900 SF
Lot 0.48 ac (21,030 SF)
Zoning code RO-1
APN A1229184I7000000000040
UPID US18-3245515

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

508 Dr Martin Luther King Jr Blvd Tampa, FL 33603-3415
Tampa metro Census 2900 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$545k
Blend (final) Blend
$900k

Owner & transaction history

since 2014
1 recorded transaction
2014
$490,000

Zoning & alternative use

RO-1 · Tampa, FL
Zoning description

, you can develop and use property as allowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO,…

General category MIXED_USE

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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