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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Turn key restaurants
4912 4th N St Saint Petersburg, FL 33703-3819
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4391925
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1977
Construction
CONCRETE BLOCKS
Total area
3,570 SF
Lot
0.33 ac (14,484 SF)
APN
06-31-17-92646-001-0040
UPID
US18-4391925
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
-
Red Mesa Restaurant (4th Street) Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.20M
Owner & transaction history
4th Street Properties LLC · 5 yrs held
4th Street Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$335 / 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
$13,901
Tax year 2023
Assessed value
$700,000
Assessed 2023
Previous assessed
$600,000
+16.7% YoY
Effective rate
1.99%
On assessed value
Land market value
$375,563
Improvement market value
$324,437
Total market value
$700,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
5
Total area
3,570 SF
Lot
0.33 ac (14,484 SF)
APN
06-31-17-92646-001-0040
UPID
US18-4391925
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
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.33 ac
Current owner
From public records · entity-resolved
4th Street Properties LLC
Entity
Mailing address
700 PINTA DR, TIERRA VERDE, FL 33715-2012
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
—
4th Street Properties LLC
Peter B Veytia
Quit Claim Deed
related
$595,862 · Seacoast National Bank
Feb 14, 2020
—
4th Street Properties LLC
Margarita L Veytia
Quit Claim Deed
related
—
Apr 2, 2018
—
Margarita L Veytia
—
Deed
related
$1,338,531 · Freedom Bk/sthrn Mo
Mar 28, 2017
—
Margarita L Veytia
—
Deed
related
$1,105,000 · Freedom Bk
Jan 17, 2013
—
Margarita L Veytia
Veytia Peter B SR
Quit Claim Deed
related
—
Feb 15, 2006
—
Peter B Veytia SR.
Veytia-dalabakis Ptr
Quit Claim Deed
related
—
—
—
Veytia,margarita L & Peter B JR
—
Loan Modification
related
—
—
—
Peter Veytia JR
—
Loan Modification
related
$76,492 · Iberiabank
—
—
Veytia-dalabakis Partnership
—
Deed Of Trust
related
$189,355 · Bank Of St Petersburg
—
—
Margarita L Veytia
—
Deed Of Trust
related
$1,105,000 · Freedom Bk
—
—
Margarita L Veytia
—
Loan Modification
related
$1,338,531 · Freedom Bk/sthrn Mo
—
—
Peter B Veytia SR.
—
Deed Of Trust
related
$170,000 · Florida Bank
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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