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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Office buildings
4994 Park N Blvd Pinellas Park, FL 33781-3409
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2321302
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
CONCRETE BLOCKS
Total area
2,720 SF
Lot
0.16 ac (6,795 SF)
APN
28-30-16-53406-000-0380
UPID
US18-2321302
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
-
Essential ChiroCare Alternative Medicine Practice
-
Spine Center of St. Petersburg Medical Clinic
-
David Skaro Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$755k
Owner & transaction history
Florida First Capital Finance Corpo · 3 yrs held
Florida First Capital Finance Corpo
since 2022
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$895,000
+17.6%
Warehouse, storage
$770,000
+1.3%
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 Pinellas Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinellas Park 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
$800,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
AUTO REPAIR, GARAGE
$895,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$770,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $610k (Jun 3 2022)
Last sale anchor
$610k
Jun 3 2022
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
$278 / 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
$9,537
Tax year 2023
Assessed value
$450,000
Assessed 2023
Previous assessed
$300,000
+50.0% YoY
Effective rate
2.12%
On assessed value
Land market value
$106,881
Improvement market value
$343,119
Total market value
$450,000
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
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
1
Total area
2,720 SF
Lot
0.16 ac (6,795 SF)
APN
28-30-16-53406-000-0380
UPID
US18-2321302
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
$760,000
AUTO REPAIR, GARAGE
Est. value
$895,000
WAREHOUSE, STORAGE
Est. value
$770,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Florida First Capital Finance Corpo
Entity
Free & Clear · 3 yrs held
Mailing address
129 6TH AVE N, SAFETY HARBOR, FL 34695-3532
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Amjr Holdings LLC
—
Deed
related
$654,500 · Gte FCU
Dec 13, 2022
—
Florida First Capital Finance Corpo
Amjr Holdings LLC
Assignment Of Lease (leasehold Sale)
—
Aug 29, 2022
—
Amjr Holdings LLC
—
Deed
related
$310,275 · Regions Bank
Jun 3, 2022
$610,000
Amjr Holdings LLC
Panyha Foundation INC
Warranty Deed
$310,275 · Regions Bank
Jun 3, 2022
—
Panyha Foundation INC
Park Commercial Property LLC
Correction Deed
related
—
Mar 26, 2013
$162,900
Panyha Foundation
Park Commercial Properties LLC
Quit Claim Deed
related
—
Dec 15, 2009
$199,000
Park Commercial Property LLC
Errett,walter G
Quit Claim Deed
related
—
Mar 24, 2008
—
Walter G Errett
—
Trustees Deed
related
$7,500 · Anchorage Of Indian Shores LLC
Feb 20, 2008
—
Walter G Errett
—
Trustees Deed
related
$20,000 · Anchorage Of Indian Shores LLC
—
—
Walter G Errett
—
Deed Of Trust
related
$89,245 · United Bank & Trust Co
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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