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Property profile & analytics
OFF-MARKET
Estimated value
$13,145,000
Office buildings
6006 49th N St Saint Petersburg, FL 33709-2148
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-3163184
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2004
Construction
CONCRETE BLOCKS
Total area
54,168 SF
Lot
14.99 ac (653,130 SF)
APN
33-30-16-69948-400-3502
UPID
US18-3163184
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
-
The Heart & Vascular Institute of Florida - South Hospital
-
George Degheim, MD Physician
-
Francisco Cardona, MD Physician
-
Chop Chop Tree Landscaping General Contractor
-
Seth Labinger Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.15M
Blend (final)
Blend
$13.15M
Owner & transaction history
Galencare INC · 9 yrs held
Galencare INC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.9M
+17.4%
Neighborhood: shopping center
$17.2M
+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
$16,100,000
Current use
AUTO REPAIR, GARAGE
$18,905,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,225,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,640,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$13,065,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$13.15M
Range $11.83M – $14.46M · ±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
$190,584
Tax year 2023
Assessed value
$8,000,000
Assessed 2023
Previous assessed
$7,550,000
+6.0% YoY
Effective rate
2.38%
On assessed value
Land market value
$1,552,232
Improvement market value
$6,447,768
Total market value
$8,000,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2004
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
3
Bathrooms
20
Total area
54,168 SF
Lot
14.99 ac (653,130 SF)
APN
33-30-16-69948-400-3502
UPID
US18-3163184
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
$16.1M
AUTO REPAIR, GARAGE
Est. value
$18.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.6M
WAREHOUSE, STORAGE
Est. value
$13.1M
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
2004
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
3
Bathrooms
20
Lot
14.99 ac
Current owner
From public records · entity-resolved
Galencare INC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 80610, INDIANAPOLIS, IN 46280-0610
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2017
$14,721,300
Galencare INC
Ga Hc Reit II St Petersburg Mo
Quit Claim Deed
related
—
Sep 26, 2008
$1,175,100
Galencare INC
Bay,area Renal Stone Center
Warranty Deed
—
—
—
Ga Hc Reit II St Petersburg Mo
—
Deed Of Trust
related
$1,878,000 · Citigroup Global Markets Rlty
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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