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Property profile & analytics
FOR LEASE
Banks

4949 Ridgemoor Blvd Palm Harbor, FL 34685

3,445 SF 1.44 ac lot Built 2004
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-2515403
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 3,445 square foot vacant office building situated on a substantial 1.44-acre lot in Palm Harbor, Florida. Located at 4949 Ridgemoor Blvd, this single-story, 2004-built property is priced at $1,500,000 ($302.05/SF). The property boasts RPD251 zoning, offering flexibility for various business ventures. Its prime location is adjacent to a Publix Neighborhood Center and across from a Starbucks, ensuring high visibility and convenient access. The property's proximity to Eastlake High School (with over 2,300 students) further enhances its appeal. Surrounding home values reach up to $1 million, indicating a strong and affluent neighborhood. The acquisition process is streamlined with a 60-day due diligence period and a 30-day closing window. Furthermore, there are no financial user restrictions for 24 months, and all-cash offers are accepted without contingencies. This presents a compelling investment opportunity in a thriving in-fill area. The Pinellas County property (APN: U-02-28-17-ZZZ-000000-25740.1) offers significant potential for redevelopment and strong return on investment. The property's size and location make it an ideal candidate for a variety of commercial uses.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Construction CONCRETE BLOCKS
Total area 3,445 SF
Lot 1.44 ac (62,940 SF)
APN 27-27-16-50016-000-0010
UPID US18-2515403
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
  • Wells Fargo Bank Atm Bank
  • Wells Fargo ATM Atm
  • Wells Fargo Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.67M
Owner & transaction history
European Equities Acquisitions LLC · 1 yrs held
European Equities Acquisitions LLC
since 2025
Last sale
$1.4M
4 recorded transactions
2025
$1.4M
2003
$850,000
2001
$510,000
2000
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.1M +28.7%
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