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Property profile & analytics
OFF-MARKET
Estimated value
$15,100,000
Grocery and convenience stores
1600 66th N St Saint Petersburg, FL 33710-5535
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-5275584
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2009
Construction
CONCRETE BLOCKS
Total area
50,469 SF
Lot
2.77 ac (120,792 SF)
APN
18-31-16-19747-001-0030
UPID
US18-5275584
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
-
Jason Kotsko, PharmD Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Publix Pharmacy at Shoppes at the Royale Pharmacy
-
Blue Rhino Propane Exchange Propane Supplier
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.10M
Blend (final)
Blend
$15.10M
Owner & transaction history
Halpern Ents INC · 14 yrs held
Halpern Ents INC
since 2011
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.6M
+47.8%
Neighborhood: shopping center
$16.1M
+34.7%
Apartment house (5+ units)
$15.4M
+28.8%
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
RETAIL STORES
$11,915,000
Current use
AUTO REPAIR, GARAGE
$17,615,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$16,050,000
Change: +35% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$15,350,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,175,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$11,860,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$15.10M
Range $13.59M – $16.61M · ±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
$299 / 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
$203,452
Tax year 2023
Assessed value
$10,245,000
Assessed 2023
Previous assessed
$9,945,000
+3.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$1,568,399
Improvement market value
$8,676,601
Total market value
$10,245,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2009
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
5
Total area
50,469 SF
Lot
2.77 ac (120,792 SF)
APN
18-31-16-19747-001-0030
UPID
US18-5275584
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
RETAIL STORES Current
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$17.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.4M
WAREHOUSE, STORAGE
Est. value
$12.2M
OFFICE BUILDING
Est. value
$11.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2009
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
2.77 ac
Current owner
From public records · entity-resolved
Halpern Ents INC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 32018, LAKELAND, FL 33802-2018
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2011
$755,000
Halpern Ents INC
Tyrone Crossings Invtrs LLC
Grant Deed
—
Dec 2, 2011
—
Publix Super Markets INC
Tyrone Crossings Invtrs LLC
Grant Deed
—
Oct 30, 2008
$10,525,500
Publix Super Markets INC
Tyrone Crossings Investors LLC
Grant Deed
—
Sep 19, 2005
$5,100,000
Tyrone Crossings Investors LLC
Rennert Investments Ltd
Warranty Deed
—
—
—
Halpern Tyrone LLC
—
Deed Of Trust
related
$6,678,000 · Suntrust Bank NA
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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