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    Fenced Marine Storage Yard For Lease Title is generated by Realmo AI

    332 ANCLOTE ROAD, Tarpon Springs, FL 34689

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    For Lease
    $7,900/Mo $2 SF/Yr (calc)

    Industrial - TARPON SPRINGS, FL

    Type:Industrial
    Property size:
    44,235 SF
    Lot size:
    1.00 Acre
    Added:
    Nov 27, 2023
    Days on Market:
    919
    Last Refresh:
    Jun 3 at 4:06 pm

    Property Features for 332 ANCLOTE ROAD

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Zoning
    WD II
    Standard status
    Active
    APN
    01-27-15-89136-000-0621
    Size
    44,235 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    4630.01

    Building Details

    Year built
    1970
    Architectural style
    Other

    We can help!

    Listing Contact
    Roy Fizell

    Listing agent Roy Fizell License #584486

    Listing office RE/MAX REALTEC GROUP INC 4175 Woodlands Pkwy, Clearwater, FL

    Listing date Nov 27, 2023

    MLS# U8222183 Listing URL

    Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1 Acre (MOL) of Fenced Vacant Land
    • Zoned WDII - Waterfront and Marine Industry Development District
    • Ideal for Boat/Trailer Storage/Repair Business
    • Water and Electric Available On‑Site
    • Includes Container Office with Electric, Internet, and AC
    • Security Features: Fence, Barbed Wire, Security Lights

    Overview

    An improved, fenced vacant land site offered for lease, totaling one acre (MOL) with the ability to leverage two adjacent half-acre areas under one agreement. The property is equipped with a security fence with barbed wire top and windscreen, two double gates, and a 20-foot-wide entry/exit designed to support smooth in-and-out movements. A drive-through layout and variable-size pads help maximize storage flexibility, and three security lights are on site. Water and electric are available, and an on-site container office is included with electric, internet, and AC, along with a covered area.

    The site is located at 332 Anclote Road in Tarpon Springs, FL. It is City of Tarpon Springs zoned WDII-Waterfront and Marine Industry Development District. The property offers direct access along Anclote Road and is described as being in close proximity to boat ramps and marinas, making it well suited to marine-adjacent uses.

    This yard is a practical fit for operators seeking outdoor storage and light repair capabilities for boats and trailers, particularly where drive-through circulation and secure perimeter improvements are important. With utilities available and an office setup on site, it supports day-to-day management of an active storage and maintenance business while offering space to scale use across the included pads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Tarpon Springs
    County
    Pasco
    State
    Florida
    Longitude
    -82.764024
    Latitude
    28.160271

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    FAQs

    What type of property is this?
    Commercial land - Improved, fenced land with drive-through access and utilities for boat and trailer storage or repair operations.
    Where is this commercial land located?
    The property is located at 332 ANCLOTE ROAD Tarpon Springs, FL.
    What is the lease rate?
    The lease rate is $7,900 /Mo.
    What are key features of this property?
    This property features: 1 Acre (MOL) of Fenced Vacant Land; Zoned WDII - Waterfront and Marine Industry Development District; Ideal for Boat/Trailer Storage/Repair Business
    (727) 420-7527
    We can help!
    Listing Contact
    Roy Fizell
    Real Estate License ID: 584486
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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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    332 ANCLOTE ROAD, TARPON SPRINGS, FL 34689
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