9601 Dr Martin Luther King Jr Blvd, Tampa, FL 33610-7408
- Drive through restaurants
- 3,553 SF
- 1.31 lot acres
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 9601 Dr Martin Luther King Jr Blvd
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.31 lot acres
- Zone code
- CI
- Property type
- Drive through restaurants
- APN
- U07292028E000001000010
- APU
- U07292028E000001000010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 1, 2020 | $2,460,000 | Styler Family Trust | Rocwell Sabal Park LLC | Grant Deed | — |
| Nov 22, 2019 | — | Rocwell Sabal Park LLC | Rocwell Sabal Park LLC | Quit Claim Deed · related | — |
| Jun 28, 2018 | $617,500 | Rocwell Sabal Park LLC | Arc Hr5stp1002 LLC | Special Warranty Deed | $400k · Valley National Bank |
| Jul 18, 2011 | — | Inland American St Florida Por | — | Deed Of Trust · related | $96.4M · J P Morgan Chase Bank |
| Nov 27, 2007 | — | Stflorida Portfolio LLC | Suntrust Bank | Grant Deed | — |
| Nov 16, 2007 | — | Stflorida Portfolio LLC | Suntrust Bk | Warranty Deed · related | — |
| Feb 19, 2002 | $500,000 | Suntrust Bank NA | Huntington National Bank | Grant Deed · related | — |
| Jun 29, 1998 | $525,800 | Huntington National Bank | Barnett Bank | Grant Deed · related | — |
| — | — | Rocwell Sabal Park LLC | — | Loan Modification · related | $1.4M · Valley Nat'l Bk |
| — | — | Rocwell Sabal Park LLC | — | Loan Modification · related | $200k · Valley Nat'l Bk |
Description
This 0.73-acre commercial parcel in Tampa, Florida, is available for sale or lease. Located at 9601 E Dr Martin Luther King Jr Blvd, this fee-simple property boasts a highly desirable Commercial Intensive (CI) zoning, allowing for diverse development opportunities. The site benefits from exceptional visibility and accessibility, situated on a major thoroughfare with an impressive 35,500 average annual daily traffic (AADT). Its strategic location offers convenient access to Interstate 4 and Interstate 75, placing it within easy reach of Tampa's extensive transportation network. The property shares cross-access with a Starbucks, further enhancing its visibility and attracting significant foot traffic. The surrounding area features a high concentration of hotels, including well-known brands like Residence Inn, Sheraton, Staybridge Suites, and Hilton, contributing to a substantial tourist presence. With a maximum allowable building height of 45 feet, developers have considerable flexibility in project design. The parcel offers two points of ingress/egress, enhancing convenience and functionality. Demographic data reveals a strong market within a 3-mile radius, with a population of 48,470 and an average household income of $71,995. The asking price is $650,000, and the property's APN is U-07-29-20-28E-000001-00001.1. This presents a compelling investment opportunity for developers seeking a prime location in a thriving Tampa market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $780,000
- ML approach
- $850,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $831,000
Market price range: $376k - $832k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.341
- Latitude
- 27.9807
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA