Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2799 62nd N Ave Saint Petersburg, FL 33702-6369
    Back to Search
    Property profile & analytics

    2799 62nd N Ave, Saint Petersburg, FL 33702-6369

    View on Map
    • Warehouses
    • 1,529 SF
    • 0.69 lot acres
    Off-Market
    Property ID
    US18-2239104
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2799 62nd N Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.69 lot acres
    Property type
    Warehouses
    APN
    35-30-16-95076-010-0070
    APU
    353016950760100070

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 30, 2012 $145,000 Beckner Family LP Mill Hill Properties LLC Warranty Deed $116k · First Home Bank
    Nov 3, 2010 — Mill Hill Properties LLC First Hm Bk Quit Claim Deed · related —
    Oct 21, 2010 — Hm Bk First South Paw Partners LLC Coc Trustees Deed · related —
    Apr 25, 2006 $178,000 South Paw Partners LLC Bentley,coy V Warranty Deed $160k · Signature Bank
    May 24, 2004 $205,000 Coy V Bentley Times Publishing Co Grant Deed $140k · First Community Bank America
    — — South Paw Partners LLC — Deed Of Trust · related $275k · First Home Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $545,000
      Market price range: $221k - $546k
      AI Estimate
      $545,000
      Market price range: $221k - $546k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $370,000
      Current use
      AUTO REPAIR, GARAGE
      $535,000
      Change: +45% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $485,000
      Change: +32% Conversion: Moderate
      OFFICE BUILDING
      $455,000
      Change: +23% Conversion: Difficult
      RETAIL STORES
      $360,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6715
    Latitude
    27.8289
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,289
    $0.00
    $0.00
    $360,000
    -
    $319,934
    $40,066
    $360,000

    Comparable in this City

    • Value Estimation
      $14,980,000
      66,640 SF

      10111 Gandy N Blvd

      MINI-WAREHOUSE, STORAGE
      10111 Gandy N Blvd, Saint Petersburg, FL 33702-2301
      View Details
    • Value Estimation by Request
      1,548 SF

      6421 Haines N Rd

      WAREHOUSE, STORAGE
      6421 Haines N Rd, Saint Petersburg, FL 33702-6135
      View Details
    • Value Estimation
      $820,000
      6,660 SF

      6585 Haines N Rd

      WAREHOUSE, STORAGE
      6585 Haines N Rd, Saint Petersburg, FL 33702-6137
      View Details
    • Value Estimation by Request
      1,310 SF

      2850 Gandy N Blvd

      MINI-WAREHOUSE, STORAGE
      2850 Gandy N Blvd, Saint Petersburg, FL 33702-2018
      View Details
    • Value Estimation
      $24,295,000
      74,100 SF

      7220 4th N St

      MINI-WAREHOUSE, STORAGE
      7220 4th N St, Saint Petersburg, FL 33702-5824
      View Details
    • Value Estimation
      $2,155,000
      10,000 SF

      6777 Haines N Rd

      WAREHOUSE, STORAGE
      6777 Haines N Rd, Saint Petersburg, FL 33702-6141
      View Details

    Similar Nearby for Sale

    • $899,000
      1,528 SF

      Commercial Property on Haines Road

      Commercial property with office, workshop, and storage yard.
      6600 Haines Rd N, St Petersburg, FL 33702
      View Details
    • Contact for pricing
      Pending

      St. Petersburg Mixed-Use Commercial Building

      Two-story building with warehouse, offices, and living quarters.
      6536 Lincoln Way N, St Petersburg, FL 33702
      View Details
    • $949,000

      Commercial Property on Haines Road

      Commercial property with office, workshop, and storage yard.
      6600 Haines Rd N, Pinellas Park, FL 33702
      View Details
    • Contact for pricing

      Luxury Car/RV Condo Storage

      New auto and RV storage with secure, convenient access.
      2051 Gandy Blvd N, St Petersburg, FL 33702
      View Details
    • New
      $420,000
      987 SF

      Secure Garage Condo Storage

      Corner garage condo offers private, secured automotive storage with a built-in restroom and HVAC.
      2051 Gandy Blvd N, St Petersburg, FL 33702
      View Details
    • Contact for pricing

      Luxury Motor Storage Condo

      Premium vehicle storage condo near Clubhouse with private bathroom.
      2051 Gandy Blvd, St Petersburg, FL 33702
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Office Space Available

      Modernized office spaces for lease in Tampa Bay area.
      801 94Th Ave N, St Petersburg, FL 33702
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Modernized office spaces for rent in Tampa Bay area.
      9720 Executive Center Dr N, St Petersburg, FL 33702
      View Details
    • Contact for pricing
      50,000 SF

      Campus-Style Office Space Available

      700,000 RSF office space in a 76-acre campus.
      9549 Koger Blvd North, St Petersburg, FL 33702
      View Details
    • Contact for pricing

      Office Space in Campus Setting

      Office space available within a 15-building campus environment.
      9400 4Th St N, St Petersburg, FL 33702
      View Details
    • Contact for pricing

      Renovated Office Destination in Tampa

      Extensively renovated office and retail spaces in St. Petersburg, FL.
      9450 Koger Blvd N, St Petersburg, FL 33702
      View Details
    • Contact for pricing
      11,324 SF

      Retail Center Near US-92

      Retail center north of St. Petersburg with high traffic.
      7751-8229 9Th St N, St Petersburg, FL 33702
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2799 62nd N Ave
    Saint Petersburg, FL 33702-6369
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2799 62nd N Ave, Saint Petersburg, FL, 33702
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!