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Property profile & analytics
OFF-MARKET
Estimated value
$3,755,000
Bars & Pubs
10568 Gandy N Blvd Saint Petersburg, FL 33702-1422
Entity Owned
~
Est. High Equity
Property ID
US18-9084462
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,147 SF
Lot
1.49 ac (65,109 SF)
APN
17-30-17-00000-340-0600
UPID
US18-9084462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$3.76M
Owner & transaction history
427 Capital LLC
427 Capital LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+103.7%
Commercial (general)
$5.5M
+99.2%
Auto repair, garage
$3.2M
+15.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$2,755,000
Current use
RESTAURANT
$5,615,000
Change: +104% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,495,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,190,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,910,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$2,720,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.76M
Range $3.38M – $4.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$411 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$35,931
Tax year 2023
Assessed value
$1,980,000
Assessed 2023
Previous assessed
$1,930,000
+2.6% YoY
Effective rate
1.81%
On assessed value
Land market value
$1,049,615
Improvement market value
$930,385
Total market value
$1,980,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
6
Total area
9,147 SF
Lot
1.49 ac (65,109 SF)
APN
17-30-17-00000-340-0600
UPID
US18-9084462
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$2.8M
RESTAURANT
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
NIGHTCLUB (COCKTAIL LOUNGE) Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
1.49 ac
Current owner
From public records · entity-resolved
427 Capital LLC
Entity
Mailing address
5555 ULMERTON RD, CLEARWATER, FL 33760-4012
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$50,000
427 Capital LLC
Three Stooges & You LLC
Deed
—
Jun 15, 2023
—
Clear Channel Outdoor LLC
Three Stooges & You LLC
Lease
—
Jan 20, 2021
—
Three Stooges & You LLC
—
Deed
related
$110,000 · Sole Holdings LLC
Aug 1, 2018
$1,800,000
Three Stooges & You LLC
L V Liquor LLC
Warranty Deed
—
Aug 1, 2018
—
Three Stooges & You LLC
Lv Liquor LLC
Grant Deed
related
—
Sep 22, 2017
—
Lv Liquor LLC
—
Deed
related
$1,000,000 · Victoria Properties/tampa INC
Apr 17, 2017
$200
L V Liquor LLC
Vegas Management LLC Coc
Trustees Deed
related
—
Dec 15, 2010
—
Jfl Venture Fund IV LLC
Vegas Management LLC
Grant Deed
—
Oct 28, 2008
$1,870,000
Vegas Management LLC
Dj-st Pete INC
Warranty Deed
—
May 27, 1997
$301,800
Ltf Corp
House,bernard R
Grant Deed
—
—
—
Lv Liquor LLC
—
Deed Of Trust
related
$1,000,000 · Victoria Properties/tampa INC
—
—
Three Stooges & You LLC
—
Deed Of Trust
related
$110,000 · Sole Holdings LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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