11909 Dr Martin Luther King Jr BlvdSeffner, FL 33584

  • Retail properties
  • 4,608 SF
For Lease

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
11909 Dr Martin Luther King Jr Blvd, Seffner, Florida

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

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
$7,350
$163,476
$247,824
$411,300
-
$163,476
$247,824
$411,300

FAQs

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