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Property profile & analytics
FOR LEASE
Office buildings
9400 4Th St N St Petersburg, FL 33702
Entity Owned
19-yr Hold
Free & Clear
Property ID
US18-2162257
For Lease
1 / 7
$7,460,000
9400 4Th St N, St Petersburg, FL 33702
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Property summary
AI-generated overview
This exceptional executive office space, located at 9400 4th Street N in St. Petersburg, Florida, offers a unique opportunity for businesses seeking a prestigious and functional workspace. Part of the Bay Point Commerce Center, this property boasts a stunning 87-acre campus setting with 15 buildings totaling over 700,000 square feet of office space. The building at 9400 4th Street N itself comprises 20,015 square feet, with multiple tenancy options available. Currently, there are two available spaces ranging from a minimum of 4,261 square feet to a maximum contiguous space of 6,482 square feet, totaling 10,743 square feet of vacant space. The property is situated in Pinellas County, zip code 33702, and offers convenient parking with a ratio of 5 spaces per 1,000 square feet. This location provides a blend of professional ambiance and a park-like environment, ideal for businesses seeking a productive and inspiring work setting. The flexible space allows for customization to suit various business needs and sizes. Inquire today to explore the possibilities of establishing your business in this exceptional location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
CONCRETE BLOCKS
Total area
37,128 SF
Lot
2.74 ac (119,446 SF)
APN
19-30-17-47064-003-0013
UPID
US18-2162257
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
-
FEMA Contracts General Contractor
-
Pearson Vue Testing Center Training Center
-
Ellie Mental Health Crisis Center Medical Clinic
-
THE IMCS GROUP Counselor Mental Health Service
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.46M
Blend (final)
Blend
$7.46M
Owner & transaction history
Kp Holdings Florida LLC · 19 yrs held
Kp Holdings Florida LLC
since 2007
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.8M
+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 St Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St 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
$11,035,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,805,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,955,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$7.46M
Range $6.71M – $8.21M · ±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
$201 / 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
$57,385
Tax year 2023
Assessed value
$3,725,000
Assessed 2023
Previous assessed
$3,575,000
+4.2% YoY
Effective rate
1.54%
On assessed value
Land market value
$917,123
Improvement market value
$2,807,877
Total market value
$3,725,000
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 (MULTI-STORY)
Status
For Lease
Year built
1980
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
2
Bathrooms
8
Total area
37,128 SF
Lot
2.74 ac (119,446 SF)
APN
19-30-17-47064-003-0013
UPID
US18-2162257
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
$11.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.8M
WAREHOUSE, STORAGE
Est. value
$9.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Bathrooms
8
Lot
2.74 ac
Current owner
From public records · entity-resolved
Kp Holdings Florida LLC
Entity
Free & Clear · 19 yrs held
Mailing address
4000 IS BLVD, AVENTURA, FL 33160-5203
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2017
—
Kp Holdings Florida LLC
—
Loan Modification
related
$40,000,000 · Ubs Ag
Jan 13, 2011
—
Kp Holdings Florida LLC
—
Deed Of Trust
related
$83,000,000 · First Boston Series 2007-c3
Feb 27, 2007
$93,325,000
Kp Holdings Florida LLC
Dra Crt St Petersburg Center L
Grant Deed
—
Oct 10, 2005
—
Dra Crt St Petersburg Center LLC
Dra Crt Acquisition Corp
Special Warranty Deed
$344,000,000 · Wachovia Bank NA
Sep 7, 1988
$2,450,000
Koger Equity INC
The,koger Co
Warranty Deed
related
—
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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