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Property profile & analytics
OFF-MARKET
Estimated value
$1,590,000
Office buildings
585 Main St, Dunedin, FL 34698-4918
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4893334
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2003
Construction
CONCRETE BLOCKS
Total area
4,350 SF
Lot
0.29 ac (12,493 SF)
APN
27-28-15-54504-000-0440
UPID
US18-4893334
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
-
Karolina Urbaniak-Duraj, ARNP Palm Primary Care - Dunedin Medical Clinic
-
Palm Medical Centers - Dunedin Medical Clinic
-
Sanjiv Desai, MD Palm Primary Care - Dunedin Medical Clinic
-
Renata Teytelbaum Pediatrician Physician
-
The Lunz Group Architecture Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.59M
Owner & transaction history
Cft 585 Main LLC · 3 yrs held
Cft 585 Main LLC
since 2022
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+128.9%
Neighborhood: shopping center
$1.2M
+53.4%
Retail stores
$960,000
+22.0%
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 Dunedin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunedin 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
$2,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,110,000
7%
$1,030,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,800,000
Change: +129% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,210,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$955,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.59M
Range $1.43M – $1.75M · ±10% · vs last sale $2.05M (Aug 17 2022)
Last sale anchor
$2.05M
Aug 17 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
$366 / 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
$29,794
Tax year 2023
Assessed value
$1,700,000
Assessed 2023
Previous assessed
$675,000
+151.9% YoY
Effective rate
1.75%
On assessed value
Land market value
$754,951
Improvement market value
$945,049
Total market value
$1,700,000
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2003
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
2
Bathrooms
3
Total area
4,350 SF
Lot
0.29 ac (12,493 SF)
APN
27-28-15-54504-000-0440
UPID
US18-4893334
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
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$960,000
WAREHOUSE, STORAGE
Est. value
$955,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2003
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
3
Lot
0.29 ac
Current owner
From public records · entity-resolved
Cft 585 Main LLC
Entity
Mailing address
660 DOUGLAS AVE, DUNEDIN, FL 34698-7000
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
$2,045,000
Cft 585 Main LLC
Teytelbaum Graham LLC
Warranty Deed
$1,636,000 · Vast Bank NA
Jun 21, 2021
—
Teytelbaum Graham LLC
—
Deed
related
$525,700 · Valley Bank
Aug 8, 2002
$185,000
Thomas J Graham
Dunlap,lynda J
Grant Deed
—
Nov 4, 1998
$175,000
Lynda J Adams
Baskets Etc
Grant Deed
$131,250 · First National Bank Florida
May 23, 1997
$140,000
Baskets Etc INC
Weimer,robert M
Grant Deed
$142,000 · Individual
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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