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Property profile & analytics
OFF-MARKET
Distribution centers
558 28Th St St. Petersburg, FL 33712
Property ID
US18-4076307
Property summary
AI-generated overview
This exceptional industrial property, located at 558 28th St S in St. Petersburg, Florida, presents a unique investment opportunity. The 6,415 square foot warehouse, built in 1956, sits on a 0.99-acre lot and is zoned for industrial use. The property includes a church building and three vacant lots, totaling approximately 21,600 square feet. The warehouse itself offers approximately 5,875 leasable square feet. Conveniently located in St. Petersburg's Warehouse Arts District, this property enjoys close proximity to downtown, Tropicana Field, and Interstate 275 (less than a mile to the I-275 entry ramp). The property features twelve parking spaces, including a handicapped-accessible space, with potential for additional parking. The asking price is $1,150,000. The Pinellas County APN numbers are: 12
Property profile
Verified
Property type
Distribution centers
Year built
1956
Total area
6,415 SF
Lot
0.99 ac (43,124 SF)
APN
12 ; 23-31-16-17298-010-00140; 23-31-16-17298-010- 0130; 23-31-16-17298-010-0120; 23-31-16-17298-010-0110; 23-31-16-17298-010-00100; 23-31-16-17298-010-00090
UPID
US18-4076307
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
-
By the Word of Faith Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Owner on record
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 St. Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St. 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
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
Distribution centers
Status
Off-Market
Year built
1956
Total area
6,415 SF
Lot
0.99 ac (43,124 SF)
APN
12 ; 23-31-16-17298-010-00140; 23-31-16-17298-010- 0130; 23-31-16-17298-010-0120; 23-31-16-17298-010-0110; 23-31-16-17298-010-00100; 23-31-16-17298-010-00090
UPID
US18-4076307
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
1956
Lot
0.99 ac
Current owner
From public records · entity-resolved
Unknown
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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