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Property profile & analytics
FOR SALE
Office buildings
2901 58Th Ave N, St Petersburg, FL 33714
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-5209348
For Sale
1 / 36
$750,000
2901 58Th Ave N, St Petersburg, FL 33714
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
CONCRETE BLOCKS
Total area
4,152 SF
Lot
0.46 ac (20,081 SF)
APN
35-30-16-00000-310-0300
UPID
US18-5209348
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
-
Pediatric Gastroenterology: Kaiser Greg C MD Pediatrician Medical Clinic
-
Pediatric Gastroenterology: Winesett Michele P MD Pediatrician Medical Clinic
-
Pediatric Gastroenterology: Dhana Leila K MD Pediatrician Medical Clinic
-
Pediatric Gastroenterology, Hepatology and Nutrition of Florida, PA Medical Clinic
-
Rivera Eileen MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$834k
Blend (final)
Blend
$835k
Owner & transaction history
Florida Holdings North LLC · 11 yrs held
Florida Holdings North LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+7.0%
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 St Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St 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
OFFICE BUILDING
$1,235,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,320,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$201 / 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
$7,264
Tax year 2023
Assessed value
$350,000
Assessed 2023
Previous assessed
$320,000
+9.4% YoY
Effective rate
2.08%
On assessed value
Land market value
$187,710
Improvement market value
$162,290
Total market value
$350,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
4,152 SF
Lot
0.46 ac (20,081 SF)
APN
35-30-16-00000-310-0300
UPID
US18-5209348
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
OFFICE BUILDING Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
OFFICE BUILDING Current
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
1968
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Florida Holdings North LLC
Entity
Free & Clear · 11 yrs held
Mailing address
613 SAXONY BLVD, SAINT PETERSBURG, FL 33716-1297
Ownership since
2015
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
May 4, 2015
—
Florida Holdings North LLC
Mcclenathan Daniel T
Grant Deed
—
Jan 20, 2010
$200,000
Daniel T Mcclenathan
Wells Fargo Bk NA
Grant Deed
—
Jun 25, 2007
—
William Donovan
Richard Butler
Warranty Deed
$470,300 · Wells Fargo Bank NA
Jul 25, 2006
—
Trust 2901-58th Avenue North
Freedom Processing Svcs INC
Quit Claim Deed
related
—
Mar 18, 2003
—
Butler,richard Tr
Freedom Processing Svcs INC
Quit Claim Deed
related
—
Jul 2, 1998
$155,000
Freedom Mortgage
Mcmullen Pioneer Group INC
Grant Deed
related
$117,700 · First Union National Bank
—
—
Freedom Processing Svcs INC
—
Deed Of Trust
related
$8,500 · William J D Donovan
—
—
William Donovan
—
Deed Of Trust
related
$50,000 · Kristofer M Edwards
—
—
Freedom Processing Services
—
Deed Of Trust
related
$50,000 · John & Glenda
—
—
Kbw Properties
—
Deed Of Trust
related
$6,000 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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