Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$38,075,000
Warehouses
401 34th N St Saint Petersburg, FL 33713-9005
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4698779
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
STEEL FRAME
Total area
120,488 SF
Lot
2.27 ac (99,060 SF)
APN
23-31-16-00000-220-0600
UPID
US18-4698779
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
-
Store Space Self Storage Storage Facility
-
Graffeti Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$38.08M
Blend (final)
Blend
$38.08M
Owner & transaction history
Altis Cardinal Storage LLC · 9 yrs held
Altis Cardinal Storage LLC
since 2016
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$42.1M
+35.8%
Neighborhood: shopping center
$38.3M
+23.8%
Office building
$35.5M
+14.7%
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
$30,955,000
Current use
AUTO REPAIR, GARAGE
$42,050,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$38,315,000
Change: +24% · Conversion: Moderate
OFFICE BUILDING
$35,495,000
Change: +15% · Conversion: Difficult
RETAIL STORES
$28,440,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$38.08M
Range $34.27M – $41.88M · ±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
$316 / 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
$239,896
Tax year 2023
Assessed value
$14,400,000
Assessed 2023
Previous assessed
$13,800,000
+4.3% YoY
Effective rate
1.67%
On assessed value
Land market value
$1,858,092
Improvement market value
$12,541,908
Total market value
$14,400,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
4
Bathrooms
2
Total area
120,488 SF
Lot
2.27 ac (99,060 SF)
APN
23-31-16-00000-220-0600
UPID
US18-4698779
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
$31.0M
AUTO REPAIR, GARAGE
Est. value
$42.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.3M
OFFICE BUILDING
Est. value
$35.5M
RETAIL STORES
Est. value
$28.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2018
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
4
Bathrooms
2
Lot
2.27 ac
Current owner
From public records · entity-resolved
Altis Cardinal Storage LLC
Entity
Mailing address
330 E CROWN PT RD, WINTER GARDEN, FL 34787-2998
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2017
—
Altis Cardinal Storage LLC
—
Trustees Deed
related
$12,130,000 · Branch Bk&tr
Jul 22, 2016
$900,800
Altis Cardinal Storage LLC
Bay Village Of Saint Pete Coc
Trustees Deed
—
Feb 4, 2009
$25,000
Mosley Motel Of St Petersburg INC
Bay Village Of St Petersburg INC
Quit Claim Deed
related
—
Aug 2, 2005
$2,650,000
Bay Village Of Saint Petersburg INC
Qiyu Su
Other
$1,900,000 · Blx Capital LLC
Mar 11, 2002
$1,260,000
Ved Hotels INC
Sheldon Of Arcadia 2 INC
Grant Deed
—
Dec 2, 1999
$900,000
Sheldon Of Arcadia 2 INC
Loffredi,thomas
Grant Deed
$1,000,000 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 34th N St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
