New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Turn key restaurants
937 Central Ave Saint Petersburg, FL 33705-1646
Entity Owned
~
Est. High Equity
Property ID
US19-0810107
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
CONCRETE BLOCKS
Total area
1,236 SF
Lot
0.06 ac (2,805 SF)
APN
24-31-16-14544-000-0911
UPID
US19-0810107
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
-
No Vacancy Restaurant
-
G'L Roofing Services Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.41M
Owner & transaction history
Mk 937 Central LLC
Mk 937 Central LLC
since 2025
Last sale
$1.5M
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
$1,425,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.54M (May 5 2025)
Last sale anchor
$1.54M
May 5 2025
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
$1,137 / 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
$17,376
Tax year 2023
Assessed value
$875,000
Assessed 2023
Previous assessed
$705,000
+24.1% YoY
Effective rate
1.99%
On assessed value
Land market value
$737,023
Improvement market value
$137,977
Total market value
$875,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
1,236 SF
Lot
0.06 ac (2,805 SF)
APN
24-31-16-14544-000-0911
UPID
US19-0810107
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
Building & site characteristics
From public records
Year built
1940
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Mk 937 Central LLC
Entity
Mailing address
2210 CENTRAL AVE, SAINT PETERSBURG, FL 33712-1226
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$1,535,000
Mk 937 Central LLC
Made In America LLC
Special Warranty Deed
$1,074,500 · Waterfall Bank
Apr 4, 2022
$1,500,000
Made In America LLC
Louis Albano
Warranty Deed
—
Dec 14, 2021
—
Louis Albano
—
Deed
related
$138,000 · Tobias And Jill Bacaner Revocable Trust
Sep 28, 2021
—
Albano Investments Group INC
—
Deed
related
$100,000 · Casdsd LLC
Aug 26, 2020
—
Louis A Albano
—
Deed
related
$50,000 · Delrahim Investments LLC
May 19, 2020
—
Louis Albano
—
Deed
related
$50,000 · John W & Patricia D Tatum
Aug 29, 2017
—
Louis Albano
—
Deed
related
$60,000 · Delrahim Investments LLC
Jun 20, 2017
—
Louis Albano
—
Deed
related
$285,000 · Bacaner Tobias & Jill Tr (pt)
Jul 15, 2016
—
Louis Albano
—
Deed
related
$48,000 · Delrahim Investments LLC
Jan 14, 2016
—
Louis Albano
—
Trustees Deed
related
$20,000 · Jill & Tobias Bacaner
Jun 4, 2012
$250,000
Louis Albano
937 Central Avenue LLC
Warranty Deed
$225,000 · 937 Central Ave LLC
May 16, 2003
$130,000
937 Central Ave LLC
Berg,harvey & Patricia
Grant Deed
$115,000 · Harvey & Patricia Berg
—
—
Louis Albano
—
Deed Of Trust
related
$50,000 · John W & Patricia D Tatum
—
—
Louis Albano
—
Deed Of Trust
related
$48,000 · Delrahim Investments LLC
—
—
Louis Albano
—
Deed Of Trust
related
$60,000 · Delrahim Investments LLC
—
—
Louis Albano
—
Deed Of Trust
related
$285,000 · Bacaner Tobias & Jill Tr (pt)
—
—
937 Central Avenue LLC
—
Deed Of Trust
related
$92,000 · Mercantile Bank
—
—
Louis A Albano
—
Deed Of Trust
related
$50,000 · Delrahim Investments LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 937 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
