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Property profile & analytics
FOR SALE
Office buildings
1250 Rogers St Clearwater, FL 33756
Trust Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2436611
For Sale
1 / 16
$1,400,000
1250 Rogers St, Clearwater, FL 33756
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Property summary
AI-generated overview
This exceptional Clearwater, Florida executive office space at 1250 Rogers St offers a fantastic opportunity for businesses seeking modern, efficient accommodations. The property, a Class B building totaling 9,360 square feet, underwent a complete renovation in 2023, ensuring contemporary amenities and a professional atmosphere. Currently, 6,000 square feet of space is available, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 3,000 square feet. The building features a convenient two-story layout, situated on a 0.55-acre lot in the Mid-Pinellas submarket of Pinellas County. Lease rates are highly competitive, starting at $3000 per month, with no hidden NNN fees. Tenants are only responsible for their electricity usage
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
CONCRETE BLOCKS
Total area
1,512 SF
Lot
0.55 ac (23,997 SF)
APN
15-29-15-38574-017-0120
UPID
US18-2436611
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
Current use
Occupant on record · Public records
-
Decuypere J D Chiropractic Alternative Medicine Practice
-
Decuypere Chiropractic & Family Wellness Alternative Medicine Practice
-
Center For Men's Health Physician
-
Bay Health LLC Home Health Care Service
-
Capetronics Inc Electronics & Wireless Store Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raafat Boutros Revocable Trust · 1 yrs held
Raafat Boutros Revocable Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,542
Tax year 2023
Assessed value
$495,000
Assessed 2023
Previous assessed
$495,000
+0.0% YoY
Effective rate
1.93%
On assessed value
Land market value
$204,981
Improvement market value
$290,019
Total market value
$495,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1973
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Bathrooms
7
Total area
1,512 SF
Lot
0.55 ac (23,997 SF)
APN
15-29-15-38574-017-0120
UPID
US18-2436611
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
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
7
Lot
0.55 ac
Current owner
From public records · entity-resolved
Raafat Boutros Revocable Trust
Trust
Free & Clear · 1 yrs held
Mailing address
211 RUE JARDIN, DEER PARK, IL 60010-3730
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Raafat Boutros Revocable Trust
Raafat Boutros
Deed
related
—
Apr 30, 2021
$900,000
514 Betty Lane LLC
Mgm Family Properties LLC
Warranty Deed
—
Feb 6, 2017
—
Raafat Boutros
Boutros,raafat
Quit Claim Deed
related
—
Mar 4, 2008
$610,000
Raafat Boutros
1250 Rogers Street LLC
Warranty Deed
—
Feb 23, 2007
—
1250 Rogers Street LLC
National Auto Properties INC
Warranty Deed
—
Aug 27, 2001
$350,000
National Auto Properties INC
Luten,william C
Grant Deed
—
—
—
National Auto Properties INC
—
Deed Of Trust
related
$1,807,000 · Synovus Bank Of Tampa Bay
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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