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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Warehouses
2616 6th S Ave Saint Petersburg, FL 33712-1643
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-1852923
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,000 SF
Lot
0.14 ac (6,233 SF)
APN
23-31-16-17298-011-0160
UPID
US18-1852923
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
-
J.Tails Barkyard Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$669k
Blend (final)
Blend
$1.02M
Owner & transaction history
Mikeyco 1 LLC
Mikeyco 1 LLC
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+69.6%
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
WAREHOUSE, STORAGE
$710,000
Current use
COMMERCIAL (GENERAL)
$1,200,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: -1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10% · vs last sale $1.38M (Jan 23 2026)
Last sale anchor
$1.38M
Jan 23 2026
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
$510 / 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
$3,605
Tax year 2023
Assessed value
$210,000
Assessed 2023
Previous assessed
$170,000
+23.5% YoY
Effective rate
1.72%
On assessed value
Land market value
$155,237
Improvement market value
$54,763
Total market value
$210,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
2,000 SF
Lot
0.14 ac (6,233 SF)
APN
23-31-16-17298-011-0160
UPID
US18-1852923
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
WAREHOUSE, STORAGE Current
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$700,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mikeyco 1 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
575 2ND AVE S, SAINT PETERSBURG, FL 33701-4101
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2026
$1,375,000
Mikeyco 1 LLC
4059 5ave N LLC
Warranty Deed
—
Nov 12, 2025
$950,000
4059 5th Ave N LLC
Heritage Associates LLC
Warranty Deed
—
Mar 31, 2021
—
Heritage Associates LLC
—
Deed
related
$420,000 · Republic Bank & Trust Co
Jun 21, 2016
—
Heritage Associates LLC
—
Deed
related
$525,595 · Centennial Bk
May 9, 2016
—
Heritage Associates LLC
Cisilski,margaret
Warranty Deed
—
May 9, 2016
$310,000
Heritage Associates LLC
Cisilski,stan
Warranty Deed
—
Apr 26, 2016
—
Stan Cisilski
Cisilski,stan
Quit Claim Deed
related
—
—
—
Heritage Associates LLC
—
Loan Modification
related
$525,595 · Centennial Bk
—
—
K Mantay
—
Deed Of Trust
related
$86,815 · Nexstar Financial Corp
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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