Property profile

875 Dr Martin Luther King Jr N St Saint Petersburg, FL 33701

OFF-MARKET
Retail space
Property ID
US18-4077436
14,452 SF 1.13 ac lot Built 1993
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Construction CONCRETE BLOCKS
Total area 14,452 SF
Lot 1.13 ac (49,327 SF)
APN 18-31-17-46840-001-0010
UPID US18-4077436

Cap rate & NOI

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

Location

875 Dr Martin Luther King Jr N St Saint Petersburg, FL 33701-2103
Saint Petersburg metro Census 23501 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.19M
Comparable Approach Comparable
$3.61M
Blend (final) Blend
$2.96M

Owner & transaction history

since 2025
Last sale
$2.7M
6 recorded transactions
2025
$2.7M
2020
Price N/A
2020
$2.5M
2014
$2.4M
2012
Price N/A
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $4.6M +34.7%
Warehouse, storage $3.5M +2.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 875 Dr Martin Luther King Jr N St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message