Property profile

706 Dr Martin Luther King Jr Blvd Tampa, FL 33603

OFF-MARKET
Strip malls
Property ID
US18-3787540
6,480 SF 0.36 ac lot Built 1978
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,480 SF
Lot 0.36 ac (15,600 SF)
Zoning code CG
APN A1129184HA000001000030
UPID US18-3787540

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
  • Tech Support Center IT Consulting Firm
  • Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Accounting Firm Tax Preparation
  • Electronics & Wireless Store (Bike/Boat/Book/etc) Store

Location

706 Dr Martin Luther King Jr Blvd Tampa, FL 33603-3104
Tampa metro Census 2800 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.37M
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2018
2 recorded transactions
2018
$600,000
2004
Price N/A

Zoning & alternative use

CG · Tampa, FL
Zoning description

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, RO-1, OP , OP-1 • Commercial - CI,…

General category COMMERCIAL
Top alternative use upside
Medical building $1.8M +3.9%

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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