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Property profile & analytics
OFF-MARKET
Estimated value
$5,915,000
Office buildings
5800 49th N St Saint Petersburg, FL 33709-2146
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4491216
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1977
Construction
CONCRETE BLOCKS
Total area
24,372 SF
Lot
2.06 ac (89,712 SF)
APN
33-30-16-69948-400-4601
UPID
US18-4491216
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
-
Imagine Life Therapy Crisis Center Medical Clinic
-
Erin Sheehan-Edwards, Lic. Massage Therapy Alternative Medicine Practice Spa & Massage Center
-
Orlick Martin E MD Ophthalmologist
-
West Shore Urology: Singh Meenu MD Physician Medical Clinic
-
Dr. Amitabh P. Gupta, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.92M
Blend (final)
Blend
$5.92M
Owner & transaction history
Northside Professional Complex · 7 yrs held
Northside Professional Complex
since 2018
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.5M
+17.4%
Neighborhood: shopping center
$7.8M
+7.0%
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
OFFICE BUILDING
$7,245,000
Current use
AUTO REPAIR, GARAGE
$8,505,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,750,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,040,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$5,880,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.92M
Range $5.32M – $6.51M · ±10%
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
$243 / 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
$86,084
Tax year 2023
Assessed value
$3,600,000
Assessed 2023
Previous assessed
$3,350,000
+7.5% YoY
Effective rate
2.39%
On assessed value
Land market value
$586,942
Improvement market value
$3,013,058
Total market value
$3,600,000
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 (MULTI-STORY)
Status
Off-Market
Year built
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Bathrooms
14
Total area
24,372 SF
Lot
2.06 ac (89,712 SF)
APN
33-30-16-69948-400-4601
UPID
US18-4491216
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
$7.2M
AUTO REPAIR, GARAGE
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
WAREHOUSE, STORAGE
Est. value
$5.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
14
Lot
2.06 ac
Current owner
From public records · entity-resolved
Northside Professional Complex
Individual
Mailing address
6822 22ND AVE N, SAINT PETERSBURG, FL 33710-3918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2018
—
Northside Professional Complex
—
Deed
related
$250,000 · Anthony J & Theresa L Giampietro
—
—
Northside Professional Complex
—
Deed Of Trust
related
$250,000 · Anthony J & Theresa L Giampietro
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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