Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    5026 Muellers Ln Safety Harbor, FL 34695

    Sponsored
    For Sale
    Pending
    $345,000

    Land - SAFETY HARBOR, FL

    Lot size:
    0.76 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 29 at 12:06 am

    Property Features for 5026 Muellers Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    28-28-16-09011-001-0020
    Lot size
    0.76 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brandon Rimes
    Brandon Rimes

    Keller Williams Realty (727) 772-0772

    Listing agent Brandon Rimes (727) 772-0772 License #3228106

    Listing date Jan 16, 2026

    MLS# TB8438043 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Vacant Lot in Safety Harbor

    This vacant lot is located in Safety Harbor, Florida, minutes from downtown. The property is near Philippe Park, offering walking trails, picnic areas, and waterfront views of Tampa Bay. Main Street's Sunday Farmers Market, 3rd Friday Street Festivals, local restaurants, boutique shops, and year-round events are also nearby. The Gulf waters are a short drive away, with Honeymoon Island in Dunedin 9 miles away and Clearwater Beach 13 miles away. Tampa International Airport and St. Pete–Clearwater Airport are both within 25 minutes. The lot size is 0.76 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Safety Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.702537
    Latitude
    28.025397

    Nearby Similar for Sale

    • $2,047,000
      3,106 SF

      Established Motel with Redevelopment Potential

      8-unit motel on 1.54 acres, prime location, redevelopment opportunity.
      3110 Philippe Pkwy, Safety Harbor, FL 34695
      View Details
    • $725,000
      1,844 SF

      Remodeled Duplex Near Downtown

      Fully remodeled duplex in Safety Harbor, steps from downtown.
      415 Mapleway, Safety Harbor, FL 34695
      View Details
    • $3,999,000
      Pending

      Historic Mixed-Use Property on Main

      Charming mixed-use property in Safety Harbor's vibrant downtown.
      454 Main St, Safety Harbor, FL 34695
      View Details
    • $1,625,000
      3,825 SF

      Safety Harbor Mixed-Use Opportunity

      Versatile property near downtown Safety Harbor with development potential.
      1055 Philippe Pkwy, Safety Harbor, FL 34695
      View Details
    • $1,299,000
      3,812 SF

      Functional Office Building Near Main

      Professional office building in downtown Safety Harbor, steps from Main.
      108 4Th Ave S, Safety Harbor, FL 34695
      View Details
    • $99,500
      12,680 SF

      Profitable Marble and Granite Workshop

      Turnkey marble and granite workshop in Safety Harbor, Florida.
      Address Undisclosed Ct, Safety Harbor, FL 34695
      View Details
    • $1,873,500
      3,895 SF

      Safety Harbor Mixed-Use Property

      Prime location, endless possibilities. $1.87M
      1055 Philippe Pkwy, Safety Harbor, FL 34695
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot near downtown Safety Harbor and Tampa Bay.
    Where is this residential land & home lot located?
    The property is located at 5026 Muellers Ln Safety Harbor, FL.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: - Prime vacant lot in the desirable Bishop Creek Estates, Safety Harbor.; - Minutes from downtown Safety Harbor's restaurants, shops, farmers market, and events.; - Close proximity to Philippe Park with walking trails, picnic areas, and waterfront views.
    (813) 917-1894
    Request Owner's contact information
    5026 Muellers Ln Safety Harbor, FL 34695
    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.
    5026 Muellers Ln
    Safety Harbor, FL 34695
    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
    5026 Muellers Ln Safety Harbor, FL 34695
    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

    We can help!
    Listing Contact
    Brandon Rimes
    Brandon Rimes
    Real Estate License ID: 3228106
    (813) 917-1894
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.