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Property profile & analytics
FOR SALE
Office buildings
15 N 8Th St St Petersburg, FL 33701
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3413666
For Sale
1 / 2
$5,457,000
15 N 8Th St, St Petersburg, FL 33701
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
CONCRETE BLOCKS
Total area
13,980 SF
Lot
0.09 ac (3,820 SF)
APN
19-31-17-34218-000-0090
UPID
US18-3413666
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
-
Kapok Marketing Advertising Agency Marketing & Advertising
-
Carroll Design Co. Marketing & Advertising Advertising Agency
-
Renewed Resilience Psychotherapy Crisis Center Medical Clinic
-
Legacy Paternity, LLC Paternity Testing Service Service Establishment
-
Medlin Neuropsychology Physician
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
Crdv St Petersburg LLC · 5 yrs held
Crdv St Petersburg LLC
since 2021
Last sale
$2.3M
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 St Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St 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
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
$25,135
Tax year 2023
Assessed value
$1,265,680
Assessed 2023
Previous assessed
$1,235,940
+2.4% YoY
Effective rate
1.99%
On assessed value
Land market value
$662,150
Improvement market value
$603,530
Total market value
$1,265,680
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
1925
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
4
Bathrooms
2
Total area
13,980 SF
Lot
0.09 ac (3,820 SF)
APN
19-31-17-34218-000-0090
UPID
US18-3413666
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
1925
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
4
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Crdv St Petersburg LLC
Entity
Mailing address
1733 W LN AVE, COLUMBUS, OH 43221-3341
Ownership since
2021
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
Apr 2, 2021
$2,250,000
Crdv St Petersburg LLC
The Harlan LLC
Warranty Deed
$3,825,000 · Kemba Financial Credit Union INC
May 7, 2015
—
Harlan LLC
Brown Steven P & Christy M
Grant Deed
—
Oct 17, 2014
$2,250,000
696 1st Avenue N LLC
696 INC
Grant Deed
related
—
Aug 21, 2012
$650,000
Steven P Brown
Alex Klahm Architectural Metal
Warranty Deed
—
Mar 3, 1997
—
Alex Klahm Architectural Metal
—
Grant Deed
related
$216,000 · Suntrust Bank Tampa Bay
—
—
Steven P Brown
—
Deed Of Trust
related
$250,000 · Usameribank
—
—
Alex Klahm Architectural Metal
—
Deed Of Trust
related
$300,000 · Old Harbor Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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