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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Warehouses
4749 58th N Ave Saint Petersburg, FL 33714
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3314634
Property summary
AI-generated overview
This exceptional 16,319-square-foot flex/warehouse property in St. Petersburg, Florida, presents a unique investment opportunity. Situated on a 1.01-acre lot, this Class C building, constructed in 1960, boasts a 16-foot ceiling height, ideal for various industrial or office uses. The property features 3-phase power, convenient dock-high and grade-level loading, and ample parking with 18 spaces. Its strategic location offers easy access to major transportation arteries, including I-275 (2.2 miles) and US 19 (1.4 miles). The expansive yard provides additional storage or operational space, enhancing the property's versatility. Zoned E-2, this single-tenant property is currently occupied with a lease expiring March 31, 2025, presenting a prime opportunity for owner-occupancy or future leasing. The property's adaptability makes it suitable for manufacturing, warehousing, industrial operations, or even an office showroom. This is a rare chance to acquire a well-located, functional property with significant potential in a thriving market. The address is 4749 58th Ave N, St. Petersburg, FL 33714.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,308 SF
Lot
0.7 ac (30,666 SF)
APN
33-30-16-00000-410-1800
UPID
US18-3314634
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.78M
Owner & transaction history
Francine Forbes Riley · 8 yrs held
Francine Forbes Riley
since 2018
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.0M
+49.7%
Office building
$2.8M
+39.9%
Apartment house (5+ units)
$2.7M
+36.0%
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
WAREHOUSE, STORAGE
$1,975,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,960,000
Change: +50% · Conversion: Moderate
OFFICE BUILDING
$2,765,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,690,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$2,195,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±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
$191 / 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
$13,241
Tax year 2023
Assessed value
$610,000
Assessed 2023
Previous assessed
$475,000
+28.4% YoY
Effective rate
2.17%
On assessed value
Land market value
$354,950
Improvement market value
$255,050
Total market value
$610,000
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
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
9,308 SF
Lot
0.7 ac (30,666 SF)
APN
33-30-16-00000-410-1800
UPID
US18-3314634
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
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Francine Forbes Riley
Individual
Mailing address
3158 24TH AVE N, SAINT PETERSBURG, FL 33713-3709
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2018
$1,000,000
Francine Forbes Riley
Cbusa Investments LLC
Warranty Deed
$700,000 · Wells Fargo Bank NA
Aug 13, 2008
$725,000
Cbusa Investments LLC
Dec Partners
Warranty Deed
$275,000 · Dec Partners
Nov 2, 2001
$175,000
St Pete Properties LLC
Nationsbank
Grant Deed
—
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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