11909 Dr Martin Luther King Jr BlvdSeffner, FL 33584
- Retail properties
- 4,608 SF
Property Details for 11909 Dr Martin Luther King Jr Blvd
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 4,608 SF
- Zone code
- CN
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- U10292029L000001000010
- APU
- U10292029L000001000010
Description
This exceptional 0.42-acre commercial land parcel presents a unique investment opportunity in the thriving Seffner, Florida market. Located at 11909 E Dr Martin Luther King Jr Blvd, the property boasts approximately 137 feet of frontage on East MLK Jr. Boulevard, ensuring high visibility and accessibility. The site is zoned CN (Commercial Neighborhood), offering a range of potential development options for businesses seeking a strategic location. The property's APN is U-10-29-20-29L-000001-00001.0, and it is situated in Hillsborough County, Florida, with a zip code of 33584. This single-tenant land parcel is available for lease and represents a blank canvas for entrepreneurs and developers looking to establish a presence in a rapidly growing area. The property's location provides easy access to major transportation routes, making it an attractive option for businesses needing convenient access to the surrounding community and beyond. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,398,467
- 6.5%
- $1,290,892
- 7%
- $1,198,686
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,120,729
- Geo Method
- $2,120,729
-
Alternative Use
- Use
- Valuation
- Residential
- $1,088,916
- Hospitality
- $997,441
- Educational
- $829,859
- Medical
- $858,399
- Retail
- $1,290,892
Location Insight
- City
- Seffner
- County
- Hillsborough
- State
- Florida
- Latitude
- 27.9812
- Longitude
- -82.2973
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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