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Property profile & analytics
OFF-MARKET
Estimated value
$395,000
Office buildings
4244 Central Ave Saint Petersburg, FL 33711-1140
Entity Owned
7-yr Hold
Property ID
US18-3014297
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
FRAME
Total area
2,182 SF
Lot
0.11 ac (4,992 SF)
APN
21-31-16-35244-011-0060
UPID
US18-3014297
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
-
Kirsten Grodzki, NCC, LMHC Crisis Center Medical Clinic
-
Dr. Katie Schubert, LLC Counselor Family Counselor
-
Shella Scully-Hilbert LCSW LLC Counselor Service Establishment
-
Resilient Mind Counseling & Coaching Counselor Marriage Or Relationship Counselor
-
Letha Miller Counselor Psychologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$395k
Owner & transaction history
Cypress Wellness Center LLC · 7 yrs held
Cypress Wellness Center LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$760,000
+17.4%
Neighborhood: shopping center
$695,000
+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 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
OFFICE BUILDING
$650,000
Current use
AUTO REPAIR, GARAGE
$760,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$695,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$525,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$395k
Range $356k – $435k · ±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
$181 / 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
$7,702
Tax year 2023
Assessed value
$395,000
Assessed 2023
Previous assessed
$355,000
+11.3% YoY
Effective rate
1.95%
On assessed value
Land market value
$145,405
Improvement market value
$249,595
Total market value
$395,000
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
Off-Market
Year built
1925
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
3
Total area
2,182 SF
Lot
0.11 ac (4,992 SF)
APN
21-31-16-35244-011-0060
UPID
US18-3014297
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
$650,000
AUTO REPAIR, GARAGE
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$525,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1925
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Cypress Wellness Center LLC
Entity
Mailing address
4244 CENTRAL AVE, SAINT PETERSBURG, FL 33711-1140
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Feb 24, 2025
—
Cypress Wellness Center LLC
—
Deed
related
$260,100 · United States Small Business Admin
Apr 14, 2022
—
Cypress Wellness LLC
—
Deed
related
$189,600 · First Citrus Bank
Oct 10, 2018
$375,000
Cypress Wellness Center LLC
Jd & Co Salon & Spa INC
Warranty Deed
$192,000 · Valley Bank
Aug 2, 2012
$237,500
Jd & Co Salon & Spa INC
Digioia,michelle
Warranty Deed
$266,500 · Achieva Cu
Aug 2, 2012
$117,500
Frank E Digiola
Digiola,frank E
Quit Claim Deed
related
—
Jan 16, 1998
$39,000
Frank E Digioia
Watts,richard N
Quit Claim Deed
related
—
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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