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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Warehouses
2894 47th N Ave Saint Petersburg, FL 33714-3130
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-4588220
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Construction
FRAME
Total area
12,200 SF
Lot
0.58 ac (25,199 SF)
APN
02-31-16-44100-000-0070
UPID
US18-4588220
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
-
Tom Argue Design Auto Repair Shop
-
Hydro Illusions Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.13M
Owner & transaction history
Surface Engineering & Alloy Co · 12 yrs held
Surface Engineering & Alloy Co
since 2013
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.5M
+36.0%
Retail stores
$2.9M
+11.1%
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
$2,590,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,525,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$2,880,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±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
$175 / 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
$14,029
Tax year 2023
Assessed value
$730,000
Assessed 2023
Previous assessed
$575,000
+27.0% YoY
Effective rate
1.92%
On assessed value
Land market value
$239,357
Improvement market value
$490,643
Total market value
$730,000
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
1965
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
12,200 SF
Lot
0.58 ac (25,199 SF)
APN
02-31-16-44100-000-0070
UPID
US18-4588220
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
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
RETAIL STORES
Est. value
$2.9M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1965
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Surface Engineering & Alloy Co
Entity
Mailing address
2895 46TH AVE N, SAINT PETERSBURG, FL 33714-3811
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Nov 22, 2013
$700,000
Surface Engineering & Alloy Co
2894 Warehouse LLC
Warranty Deed
$995,000 · Synovus Bank
Aug 18, 2003
$340,000
2894 Warehouse LLC
Mastry,adib A
Grant Deed
—
Apr 21, 1997
$340,000
Ridchard W Mastry
Mastry Trust
Grant Deed
related
$605,000 · Seller
—
—
2894 Warehouse LLC
—
Deed Of Trust
related
$450,000 · Branch Banking & Trust Co
—
—
Emerson Ventures LLC
—
Deed Of Trust
related
$698,857 · Synovus Bk/fl
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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