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Property profile & analytics
OFF-MARKET
Estimated value
$10,235,000
Office buildings
695 Central Ave Saint Petersburg, FL 33701-3669
Entity Owned
~
Est. High Equity
Property ID
US18-0068775
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1923
Construction
CONCRETE BLOCKS
Total area
17,760 SF
Lot
0.21 ac (8,965 SF)
APN
19-31-17-34218-000-0020
UPID
US18-0068775
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
-
IMAGE Studios - St. Pete Hair Salon Nail Salon
-
Gulf Coast Canna Meds Alternative Medicine Practice
-
Central Openers & Springs Repair St. Petersburg Auto Parts Store
-
Mirela Adina Aldea, Ph.D Physician Medical Clinic
-
GBTG, P.A. Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.97M
Blend (final)
Blend
$10.24M
Owner & transaction history
Sunrise In Vestments Group LLC
Sunrise In Vestments Group LLC
since 2026
Last sale
$10.5M
7 recorded transactions
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 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
$11,835,000
Current use
RESTAURANT
$10,905,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$10.24M
Range $9.21M – $11.26M · ±10% · vs last sale $10.50M (Jan 9 2026)
Last sale anchor
$10.50M
Jan 9 2026
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
$576 / 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
$66,527
Tax year 2023
Assessed value
$3,350,000
Assessed 2023
Previous assessed
$3,140,000
+6.7% YoY
Effective rate
1.99%
On assessed value
Land market value
$1,826,028
Improvement market value
$1,523,972
Total market value
$3,350,000
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
Status
Off-Market
Year built
1923
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
8
Total area
17,760 SF
Lot
0.21 ac (8,965 SF)
APN
19-31-17-34218-000-0020
UPID
US18-0068775
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
$11.8M
RESTAURANT
Est. value
$10.9M
OFFICE BUILDING Current
RESTAURANT
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
1923
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
8
Lot
0.21 ac
Current owner
From public records · entity-resolved
Sunrise In Vestments Group LLC
Entity
Mailing address
2901 RIGSBY LN, SAFETY HARBOR, FL 34695-4828
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
$10,500,000
Sunrise In Vestments Group LLC
Pv Manatee LLC
Special Warranty Deed
—
Dec 13, 2019
$3,400,000
Pv Manatee LLC
Cortland Realty Partners I LLC
Warranty Deed
$1,850,000 · Vast Bank NA
May 6, 2008
$2,450,000
Cortland Realty Partners I LLC
Foresight Technologies INC
Warranty Deed
—
May 1, 2008
—
Cortland Realty Ptrs I LLC
Owner,record
Grant Deed
related
—
Feb 5, 2007
$1,850,000
Foresight Technologies INC
Fasco Investments INC
Corporation Deed
$1,500,000 · Lehman Brothers Bank Fsb
Jan 31, 2004
$1,300,000
Fasco Investments INC
Jls Real Estate LLC
Grant Deed
related
$1,040,000 · First National Bank Florida
Nov 30, 2000
$855,000
Jls Real Estate LLC
Proactive Enterprises INC
Grant Deed
related
—
Dec 15, 1998
$600,000
Proactive Enterprises INC
Jenkins,ernest P & Gaye C
Grant Deed
related
$330,000 · Seller
—
—
Cortland Realty Partners I LLC
—
Deed Of Trust
related
$1,832,000 · Patriot Bank NA
—
—
Foresight Technologies INC
—
Deed Of Trust
related
$250,000 · Emmanuel P Houvardas
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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