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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Retail space

5450 4th N St Saint Petersburg, FL 33703-2250

4,250 SF 0.55 ac lot Built 2000
Trust Owned 25-yr Hold Free & Clear
Property ID
US18-5472639
Property summary
AI-generated overview

This exceptional 4,250-square-foot free-standing medical office building is ideally situated at 5450 4th Street North in St. Petersburg, Florida, within Pinellas County. Built in 1998, the property boasts a single-tenant occupancy, offering 4,250 square feet of vacant space ready for immediate use. Its prime location along heavily traveled 4th Street North ensures excellent visibility and accessibility for patients and staff. The building features a wide-open floor plan, providing flexibility for various medical practices or healthcare-related businesses. Benefit from the stability of a property under the same ownership and management since 1999. This presents a unique opportunity for a medical professional or healthcare organization seeking a well-maintained, highly visible space with flexible lease terms and rates. The property is classified as both retail and office space, and its free-standing nature offers significant advantages in terms of branding and accessibility. The property's zip code is 33703. This presents a compelling investment opportunity in a thriving Florida market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction CONCRETE BLOCKS
Total area 4,250 SF
Lot 0.55 ac (24,163 SF)
APN 31-30-17-24288-001-0010
UPID US18-5472639
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
  • Crown Air Duct Cleaning Service Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.22M
Owner & transaction history
Brown Trust · 25 yrs held
Brown Trust
since 2000
3 recorded transactions
2016
Price N/A
2000
$525,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.5M +47.8%
Neighborhood: shopping center $1.4M +34.7%
Office building $1.3M +25.9%
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