Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    666 49th S St Saint Petersburg, FL 33707-2632

    • Manufacturing properties
    • 18,764 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimations
    $2,135,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3708111
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Anderson Lumber / Woodworking Supply Store / Lumber Store
    • Funktionhouse Urban Lumber and Furnishings / Lumber Store / Interior Designer
    • Sonic.exe House / Restaurant

    Property Details for 666 49th S St

    Year built
    1942
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.97 lot acres
    Property size
    18,764 SF
    Property type
    Manufacturing properties
    APN
    21-31-16-94053-001-0060
    APU
    213116940530010060

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,137,000
      Market price range: $2.14M - $5.65M
      AI Estimate
      $2,137,000
      Market price range: $2.14M - $5.65M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,330,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6993
    Latitude
    27.763
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,528
    $0.00
    $0.00
    $430,000
    -
    $203,040
    $226,960
    $430,000

    Comparable in this City

    • Value Estimation by Request
      600 SF

      5125 8th S Ave

      MANUFACTURING (LIGHT) • 600 SF
      5125 8th S Ave, Gulfport, FL 33707-2616
      View Details
    • Value Estimation by Request
      2,914 SF

      6476 5th S Ave

      MANUFACTURING (LIGHT) • 2,914 SF
      6476 5th S Ave, Saint Petersburg, FL 33707-2333
      View Details
    • Value Estimation
      $1,060,000
      7,218 SF

      4921 9th S Ave

      FOOD PROCESSING • 7,218 SF
      4921 9th S Ave, Gulfport, FL 33707-2618
      View Details
    • Value Estimation
      $740,000
      5,000 SF

      5201 8th S Ave

      MANUFACTURING (LIGHT) • 5,000 SF
      5201 8th S Ave, Gulfport, FL 33707-2511
      View Details
    • Value Estimation
      $2,280,000
      19,982 SF

      1509 49th S St

      MANUFACTURING (LIGHT) • 19,982 SF
      1509 49th S St, Gulfport, FL 33707-4338
      View Details
    • Value Estimation by Request
      2,856 SF

      5133 8th S Ave

      MANUFACTURING (LIGHT) • 2,856 SF
      5133 8th S Ave, Gulfport, FL 33707-2616
      View Details

    Similar Nearby for Sale

    • New
      $895,000
      3,516 SF

      Unique Flex Property on Pinellas Trail

      Two-building flex property with high traffic and trail frontage.
      701 49Th St S, Gulfport, FL 33707
      View Details
    • $2,400,000

      Luxury Waterfront Single Family Home

      St. Pete, FL Waterfront Gem, $2.4M
      1818 Dolphin Blvd, St. Petersburg, FL 33707
      View Details
    • $899,000
      3,972 SF

      Gulfport Mixed-Use Property

      Prime Gulfport location, redevelopment potential.
      2624 54Th St, Gulfport, FL 33707
      View Details
    • $898,000

      Waterfront Property with Dock

      Waterfront property with private dock, ideal for remodeling or building.
      2140 Dolphin Blvd, St Petersburg, FL 33707
      View Details
    • $675,000

      Gulfport Specialty Property For Sale

      Specialty property available in Gulfport, Florida.
      2624 54Th St S, Gulfport, FL 33707
      View Details
    • $299,750
      0.39 Acres

      Old Pasadena Land Subdivision Opportunity

      Land in desirable Old Pasadena, ready for subdivision and new construction.
      645 Villagrande Ave S, St Petersburg, FL 33707
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      163,746 SF

      South Pasadena Retail Center

      Prime Retail Space Available in South Pasadena
      0 S & Pasadena Ave, South Pasadena, FL 33707
      View Details
    • New
      $2,500 /Mo
      Pending

      Prime Downtown Gulfport Retail Space

      Exceptional retail space in the heart of Gulfport's downtown.
      3125 Beach Blvd S, Gulfport, FL 33707
      View Details
    • $18 SF/Yr
      6,328 SF

      Hudson's Plaza: St. Pete Medical Office

      St. Petersburg medical office building, multiple suites available.
      4900 1St Ave, St. Petersburg, FL 33707
      View Details
    • Contact for pricing
      13,185 SF

      Community Shopping Center For Rent

      Community shopping center with recent renovations and high-traffic location.
      1846 N 62Nd St, St Petersburg, FL 33707
      View Details
    • Contact for pricing
      3,200 SF

      Available Office Space on 66th

      Office space with excellent visibility, near St. Petersburg Hospital.
      3301 66Th Street Ct North, Saint Petersburg, FL 33707
      View Details
    • $37 SF/Yr
      1,290 SF

      Prime Gulfport Retail Opportunity

      Retail space with outdoor patio in vibrant Gulfport location.
      3062 Beach Blvd S, Gulfport, FL 33707
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    666 49th S St
    Saint Petersburg, FL 33707-2632
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.