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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Office buildings
4705 Alt 19 Palm Harbor, FL 34683-1440
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2945396
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1959
Construction
WOOD FRAME
Total area
12,044 SF
Lot
1.95 ac (84,933 SF)
APN
24-27-15-89280-000-5600
UPID
US18-2945396
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
-
Ion Botnaru, MD Physician
-
Norman Abbott, MD Physician
-
Janise Brewington, APRN Physician
-
Stephanie N. Cochran, DO Physician
-
Melanie Nukala, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.46M
Owner & transaction history
Dmcc 4705 Alt 19 LLC · 7 yrs held
Dmcc 4705 Alt 19 LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.3M
+31.3%
Retail stores
$2.7M
+4.4%
Warehouse, storage
$2.7M
+4.0%
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 Palm Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Harbor 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
$2,545,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,345,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$2,660,000
Change: +4% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,650,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±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
$204 / 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
$37,318
Tax year 2023
Assessed value
$1,945,000
Assessed 2023
Previous assessed
$1,830,000
+6.3% YoY
Effective rate
1.92%
On assessed value
Land market value
$640,403
Improvement market value
$1,304,597
Total market value
$1,945,000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1959
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
11
Total area
12,044 SF
Lot
1.95 ac (84,933 SF)
APN
24-27-15-89280-000-5600
UPID
US18-2945396
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
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1959
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
11
Lot
1.95 ac
Current owner
From public records · entity-resolved
Dmcc 4705 Alt 19 LLC
Entity
Mailing address
234 N WESTMONTE DR STE #3000, ALTAMONTE SPRINGS, FL 32714-3373
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
4705 Alternate LLC
—
Deed
related
$3,139,500 · Brightstar Cu
Sep 10, 2020
—
Dmcc 450 Charles LLC
—
Deed
related
$1,000,000 · Louden Broadway Properties LLC
May 6, 2019
$1,955,000
Dmcc 4705 Alt 19 LLC
Pjw Properties LLC
Warranty Deed
$1,564,000 · Pilot Bank
Sep 7, 2016
—
Pjw Properties LLC
—
Deed
related
—
Jun 29, 2004
—
Pjw Properties LLC
—
Trustees Deed
related
$790,000 · Madison Bank
—
—
Pjw Properties LLC
—
Deed Of Trust
related
$500,000 · Jefferson Bk/fl
—
—
Pjw Properties LLC
—
Loan Modification
related
—
—
—
Dmcc 450 Charles LLC
—
Deed Of Trust
related
$1,000,000 · Louden Broadway Properties LLC
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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