Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$87,410,000
Apartment buildings
500 Trinity N Ln Saint Petersburg, FL 33716-1215
Entity Owned
~
Est. High Equity
Property ID
US18-4549460
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1999
Construction
CONCRETE BLOCKS
Total area
355,059 SF
Lot
14.35 ac (625,230 SF)
APN
12-30-16-13463-003-0120
UPID
US18-4549460
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
-
Barry Creative Group - Always On-Call Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Dr. Kavitha T. Waggoner, DO Physician
-
5 Star Career Coach Employment Agency
-
One Insurance Insurance Agency
-
Susan J. Kayser, Mental Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$77.82M
Blend (final)
Blend
$87.41M
Owner & transaction history
Ta Madison Gateway LLC
Ta Madison Gateway LLC
since 2025
Last sale
$97.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$123.9M
+81.3%
Neighborhood: shopping center
$112.9M
+65.2%
Office building
$105.5M
+54.4%
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
APARTMENT HOUSE (5+ UNITS)
$68,330,000
Current use
AUTO REPAIR, GARAGE
$123,910,000
Change: +81% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$112,900,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$105,525,000
Change: +54% · Conversion: Moderate
WAREHOUSE, STORAGE
$85,640,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$83,810,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$87.41M
Range $78.67M – $96.15M · ±10% · vs last sale $97.00M (Jul 16 2025)
Last sale anchor
$97.00M
Jul 16 2025
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
$246 / 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
$1,427,273
Tax year 2023
Assessed value
$73,000,000
Assessed 2023
Previous assessed
$73,450,000
-0.6% YoY
Effective rate
1.96%
On assessed value
Land market value
$19,075,695
Improvement market value
$53,924,305
Total market value
$73,000,000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Units
314
Bathrooms
479
Total area
355,059 SF
Lot
14.35 ac (625,230 SF)
APN
12-30-16-13463-003-0120
UPID
US18-4549460
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$68.3M
AUTO REPAIR, GARAGE
Est. value
$123.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$112.9M
OFFICE BUILDING
Est. value
$105.5M
WAREHOUSE, STORAGE
Est. value
$85.6M
RETAIL STORES
Est. value
$83.8M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1999
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
314
Bathrooms
479
Lot
14.35 ac
Current owner
From public records · entity-resolved
Ta Madison Gateway LLC
Entity
Mailing address
301 OXFORD VLY RD STE 1203A, YARDLEY, PA 19067-7705
Ownership since
2025
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 16, 2025
$97,000,000
Ta Madison Gateway LLC
Ipx Mf Gateway LLC
Special Warranty Deed
—
Mar 28, 2025
—
Ipx Mf Gateway LLC
Ipx Mf Gateway LLC
Deed
related
$42,000,000 · Citizens Bank NA
Jan 2, 2018
$64,100,000
Ipx Gateway LLC
Isbi The Reserve LLC
Grant Deed
—
Jul 14, 2017
—
Isbi Reserve LLC
—
Deed
related
$36,000,000 · Miscellaneous Ins Co
Jul 10, 2017
—
Isbi Reserve LLC
—
Deed
related
$36,000,000 · Miscellaneous Ins Co
Mar 2, 2017
—
Isbi Reserve LLC
—
Grant Deed
related
$14,500,000 · Miscellaneous Ins Co
Dec 19, 2011
$40,000,000
Isbi The Reserve LLC
Teachers Ins & Annuity Assn Of Am
Grant Deed
—
Dec 3, 2002
$28,550,000
Insurance Teachers
Heller Affordable Housing
Grant Deed
—
—
—
Isbi The Reserve LLC
—
Deed Of Trust
related
$20,000,000 · Cwcapital LLC
—
—
Isbi Reserve LLC
—
Loan Modification
related
$36,000,000 · Miscellaneous Ins 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 Trinity N Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
