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    9601 Dr Martin Luther King Jr Blvd Tampa, FL 33610-7408
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    Property profile & analytics

    9601 Dr Martin Luther King Jr Blvd, Tampa, FL 33610-7408

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    • Drive through restaurants
    • 3,553 SF
    • 1.31 lot acres
    Off-Market
    Last Sale May 1, 2020
    $617,500
    Property ID
    US18-2588652
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,071
    $511,045
    $848,826
    $1,359,871
    -
    $511,045
    $848,826
    $1,359,871
    More about this property
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