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    8800 49th N St Pinellas Park, FL 33782-5353
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    Property profile & analytics

    8800 49th N St, Pinellas Park, FL 33782-5353

    View on Map
    • Office buildings
    • 15,600 SF
    • 3.76 lot acres
    Off-Market
    Last Sale Dec 29, 2025
    $6,194,100
    Property ID
    US18-1538853
    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.
    Value Estimations
    $6,035,000
    Show details
    Cap Rate Potential
    6.5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • LevelJump DME, LLC / Production Facility
    • First Stop Medical Supply, Inc. / Medical Supply Store
    • Caring For Your Pain Bracing, Inc. / Medical Supply Store
    • Kilgore Family Cremations / Social Service Agency
    • Florida Bartending School Pinellas / Vocational School / Training Center

    Property Details for 8800 49th N St

    Year built
    1974
    Construction
    CONCRETE BLOCKS
    Lot size
    3.76 lot acres
    Property type
    Office buildings
    APN
    21-30-16-69822-400-5104
    APU
    213016698224005104

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2025 $6,194,100 Bika Ind LLC Banyan 8800 LLC Warranty Deed —
    Mar 18, 2024 $4,000,000 Banyan 8800 LLC Bh Office Park LLC Special Warranty Deed —
    Aug 17, 2007 $2,840,000 Gentile Group LLC Richey Industrials INC Warranty Deed —
    Apr 2, 2003 $2,050,000 Richey Industrials INC Bickley,tr Grant Deed $2.1M · Republic Bank
    — — Gentile Group LLC — Loan Modification · related $1.4M · Private Individual

    Description

    This exceptional single-story office park, located at 8800 49th St N in Pinellas Park, Florida (zip code 33782), offers 651 square feet of renovated space across five suites. Built in 1985 and completely renovated in 2023, this property boasts a convenient drive-up, walk-in design, ideal for various businesses. The recent renovations included a complete interior and exterior refresh. Exterior improvements feature new LED wall pack lighting and enhanced security with the installation of security cameras. Interior spaces showcase brand new carpeting or wood flooring, and freshly painted walls, creating a modern and inviting atmosphere. The property's strategic location offers easy access to major transportation arteries, including US Highway 19, I-275, and the Gandy Bridge, providing convenient commutes to both St. Petersburg and Tampa. Three suites are currently available. This Pinellas Park, Pinellas County property presents a fantastic opportunity for businesses seeking a well-maintained, updated office space in a highly accessible location. The property is situated in the Pinellas Park submarket and offers same-day showings.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,000,000
      ML approach
      $4,000,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,305,000
      6.5%
      $3,975,000
      7%
      $3,690,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,874,000
      Market price range: $1.54M - $6.04M
      AI Estimate
      $5,874,000
      Market price range: $1.54M - $6.04M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,085,000
      Current use
      COMMERCIAL (GENERAL)
      $9,725,000
      Change: +138% Conversion: Easy
      RESTAURANT
      $8,835,000
      Change: +116% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $5,130,000
      Change: +26% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,330,000
      Change: +6% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,295,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.701
    Latitude
    27.8525
    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
    $86,702
    $0.00
    $0.00
    $3,900,000
    -
    $835,838
    $3,064,162
    $3,900,000

    Comparable in this City

    • Value Estimation
      $595,000
      2,592 SF

      4900 95th N Ave

      PROFESSIONAL BUILDING
      4900 95th N Ave, Pinellas Park, FL 33782-3544
      View Details
    • Value Estimation by Request
      1,302 SF

      8695 66th N St

      PROFESSIONAL BUILDING
      8695 66th N St, Pinellas Park, FL 33782-4527
      View Details
    • Value Estimation
      $2,620,000
      9,415 SF

      9375 66th N St

      PROFESSIONAL BUILDING
      9375 66th N St, Pinellas Park, FL 33782-4418
      View Details
    • Value Estimation
      $800,000
      4,680 SF

      8831 49th N St

      OFFICE BUILDING
      8831 49th N St, Pinellas Park, FL 33782-5335
      View Details
    • Value Estimation
      $1,910,000
      5,214 SF

      9375 Us Hwy 19th N

      OFFICE BUILDING (MULTI-STORY)
      9375 Us Hwy 19th N, Pinellas Park, FL 33782-5419
      View Details
    • Value Estimation
      $1,890,000
      16,663 SF

      10810 Us Hwy 19th N

      OFFICE BUILDING
      10810 Us Hwy 19th N, Pinellas Park, FL 33782
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      950 SF

      Springwood Villas Condo

      Two-bedroom condo in a 55+ community with many amenities.
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      Expansive Street Retail Building

      Large retail building in a thriving Pinellas Park area, offering flexible space for street-level retail concepts and investment.
      10400 49Th St North, Pinellas Park, FL 33782
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      6,400 SF

      Pinellas Park Retail Opportunity

      Retail property with high visibility and income potential.
      8625 66Th St N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      9,600 SF

      Retail Strip with Upside

      9,600-SF retail strip mall available for purchase.
      8601 49Th St North, Pinellas Park, FL 33782
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    • Contact for pricing
      1.92 Acres

      Prime Pinellas Park Industrial Land

      1.92-acre site, US Hwy 19 frontage.
      10280 Us Highway 19, Pinellas Park, FL 33782
      View Details
    • $1,750,000

      Pinellas Park Retail Property

      Highly visible retail property on heavily traveled commercial corridor.
      8625 66Th St N, Pinellas Park, FL 33782
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Pinellas Park Office/Warehouse For Rent

      24,811 SF office/warehouse with loading docks and drive-through capability.
      10280 Us Highway 19 North, Pinellas Park, FL 33782
      View Details
    • $18,000 /Mo

      Pinellas Park Office/Retail Space

      1200 SF office/retail space in central Pinellas Park.
      8831 49Th St N 4&5, Pinellas Park, FL 33782
      View Details
    • $22 SF/Yr
      127,667 SF

      Pinellas Park Retail/Office/Gym Space

      Retail, office, and gym spaces available in Pinellas Park, FL.
      6501 102Nd Ave N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      100 SF

      Modern Mixed-Use Industrial Unit

      Mixed-use industrial unit with office space and high ceilings.
      8925 66Th Ct N, Pinellas Park, FL 33782
      View Details
    • New
      $16 SF/Yr
      29,880 SF

      Highly Visible Retail Suite

      Last available retail unit now leasing in a highly visible shopping center with a diversified everyday tenant mix.
      9701 N 66Th St, Pinellas Park, FL 33782
      View Details
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    Pinellas Park, FL 33782-5353
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    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.

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