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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Retail space
1000 Tarpon Ave Tarpon Springs, FL 34689-5438
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9317747
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
CONCRETE BLOCKS
Total area
15,362 SF
Lot
1.33 ac (58,135 SF)
APN
07-27-16-99612-001-0030
UPID
US18-9317747
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
-
SunTrust ATM Atm
-
Dr. Edgar Cruz Crispin Physician
-
Michelle Le Gar Physician
-
Heather Towne Physician
-
Ms. Michelle Pozsonyi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.12M
Blend (final)
Blend
$3.86M
Owner & transaction history
Musca Properties LLC · 14 yrs held
Musca Properties LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.4M
+102.5%
Neighborhood: shopping center
$4.3M
+35.8%
Office building
$3.6M
+13.6%
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 Tarpon Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarpon Springs 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
RETAIL STORES
$3,140,000
Current use
AUTO REPAIR, GARAGE
$6,360,000
Change: +103% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,265,000
Change: +36% · Conversion: Moderate
OFFICE BUILDING
$3,570,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$3,380,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,750,000
Change: -12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,685,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±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
$251 / 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
$51,781
Tax year 2023
Assessed value
$2,760,000
Assessed 2023
Previous assessed
$2,570,000
+7.4% YoY
Effective rate
1.88%
On assessed value
Land market value
$776,949
Improvement market value
$1,983,051
Total market value
$2,760,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
5
Total area
15,362 SF
Lot
1.33 ac (58,135 SF)
APN
07-27-16-99612-001-0030
UPID
US18-9317747
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
RETAIL STORES Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$6.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
5
Lot
1.33 ac
Current owner
From public records · entity-resolved
Musca Properties LLC
Entity
Mailing address
4700 ROCKSIDE RD STE #603, INDEPENDENCE, OH 44131-2185
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2019
—
Musca Properties LLC
—
Deed
related
$3,000,000 · Huntington Nat'l Bk
Feb 22, 2012
$5,096,000
Musca Properties LLC
Arciterra Cv Tarpon Springs Fl
Grant Deed
—
Mar 25, 2008
$4,950,000
Arciterra Cv Tarpon Springs Fl
Gh & G Tarpon LLC
Grant Deed
—
Jan 2, 2007
$3,250,000
Gh & G Tarpon LLC
Exxonmobil Oil Corp
Grant Deed
—
—
—
Musca Properties LLC
—
Loan Modification
related
$3,000,000 · Huntington Nat'l Bk
—
—
Scp 2007-c27-511 LLC
—
Deed Of Trust
related
$2,998,545 · Wells Fargo Bk Northwest (tr)
—
—
Musca Properties LLC
—
Deed Of Trust
related
$3,000,000 · Huntington National Bank
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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