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Property profile & analytics
OFF-MARKET
Estimated value
$2,695,000
Strip malls
1700 4th N St, Saint Petersburg, FL 33704-4304
Entity Owned
Free & Clear
Property ID
US18-2453352
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Construction
CONCRETE BLOCKS
Total area
5,256 SF
Lot
0.38 ac (16,758 SF)
APN
18-31-17-18792-005-0010
UPID
US18-2453352
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
-
McMullen Fish House Specialty Food Shop Fish Market
-
Jersey Mike's Subs Take-out & Catering
-
Restore Hyper Wellness Spa & Massage Center Alternative Medicine Practice
-
South Bay Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.70M
Owner & transaction history
Salt Creek Ventures LLC
Salt Creek Ventures LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+93.1%
Commercial (general)
$3.2M
+88.9%
Apartment house (5+ units)
$2.1M
+22.9%
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
NEIGHBORHOOD: SHOPPING CENTER
$1,670,000
Current use
RESTAURANT
$3,225,000
Change: +93% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,155,000
Change: +89% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,055,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,835,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.70M
Range $2.43M – $2.96M · ±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
$513 / 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
$44,086
Tax year 2023
Assessed value
$2,220,000
Assessed 2023
Previous assessed
$2,115,000
+5.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$1,067,239
Improvement market value
$1,152,761
Total market value
$2,220,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2018
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
8
Total area
5,256 SF
Lot
0.38 ac (16,758 SF)
APN
18-31-17-18792-005-0010
UPID
US18-2453352
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
RESTAURANT
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2018
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
8
Lot
0.38 ac
Current owner
From public records · entity-resolved
Salt Creek Ventures LLC
Entity
Free & Clear · 0 yrs held
Mailing address
13191 STARKEY RD STE #2, LARGO, FL 33773-1438
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
$2,500,000
Salt Creek Ventures LLC
Southside Greek LLC
Warranty Deed
—
Oct 19, 2023
—
Southside Greek LLC
Cynthia L Mastry
Special Warranty Deed
—
Dec 20, 2019
$3,300,000
Ira 8007526
Point Saline LLC
Warranty Deed
—
Jun 4, 2019
—
Point Saline LLC
—
Deed
related
$1,850,000 · Valley Nat'l Bk
Apr 29, 2016
$1,080,000
Point Saline LLC
1700 4th St North Holding LLC
Warranty Deed
—
Dec 9, 2014
$825,000
1700 4th St North Holdings LLC
Ah & D Ents INC
Grant Deed
—
Aug 10, 2004
$695,000
Ah & D Ents INC
Bakrac,sahib & Filiz
Warranty Deed
$395,000 · Bank Of St Petersburg
Dec 28, 2000
$400,000
Sahib Bakrac
Funding Management Corp Ttee
Grant Deed
$390,000 · Brasota Mortgage Co INC
—
—
Point Saline LLC
—
Deed Of Trust
related
$1,850,000 · Valley Nat'l Bk
—
—
Ah & D Ents INC
—
Deed Of Trust
related
$317,147 · Florida 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.
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