Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    1003 Florida Ave Palm Harbor, FL 34683-4310

    • Gas stations
    • 1,863 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0707214
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super Gas / Gas Station
    • Bill's Palm Harbor Mobil & Auto Service Center / Auto Repair Shop
    • Mobil / Gas Station
    • Penske Truck Rental / Car Rental Facility
    • Becker Porta Potty Rental Company / Building Supply

    Property Details for 1003 Florida Ave

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.39 lot acres
    Property size
    1,863 SF
    Property type
    Gas stations
    APN
    01-28-15-88560-087-1400
    APU
    12815885600871400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.767
    Latitude
    28.0783
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,322
    $0.00
    $0.00
    $660,000
    -
    $463,350
    $196,650
    $660,000

    Comparable in this City

    • Value Estimation
      $665,000
      1,260 SF

      3102 Alt 19

      AUTO REPAIR, GARAGE • 1,260 SF
      3102 Alt 19, Palm Harbor, FL 34683-1931
      View Details
    • Value Estimation by Request
      500 SF

      3208 Alt 19

      VEHICLE SALES, RENTALS • 500 SF
      3208 Alt 19, Palm Harbor, FL 34683-1934
      View Details
    • Value Estimation
      $1,665,000
      5,550 SF

      1012 Florida Ave

      AUTO REPAIR, GARAGE • 5,550 SF
      1012 Florida Ave, Palm Harbor, FL 34683-4309
      View Details
    • Value Estimation
      $5,180,000
      17,064 SF

      2420 Tampa Rd

      VEHICLE SALES, RENTALS • 17,064 SF
      2420 Tampa Rd, Palm Harbor, FL 34683-5825
      View Details
    • Value Estimation by Request
      2,320 SF

      927 Virginia Ave

      AUTO REPAIR, GARAGE • 2,320 SF
      927 Virginia Ave, Palm Harbor, FL 34683-5229
      View Details
    • Value Estimation
      $550,000
      1,020 SF

      2509 Alt 19

      AUTO REPAIR, GARAGE • 1,020 SF
      2509 Alt 19, Palm Harbor, FL 34683-2636
      View Details

    Similar Nearby for Sale

    • $1,500,000
      8,100 SF

      Palm Harbor Automotive Business Opportunity

      Established automotive center for sale in Palm Harbor, Florida.
      1010 Alt 19, Palm Harbor, FL 34683
      View Details
    • $1,825,000
      5,750 SF

      Palm Harbor Retail Stripcenter Opportunity

      Retail stripcenter in the heart of Palm Harbor, Florida.
      1454-1470 Alt 19, Palm Harbor, FL 34683
      View Details
    • $790,000

      Retail Strip Center Investment Opportunity

      Retail strip center in Palm Harbor with long-term leases.
      1480 Alt 19, Palm Harbor, FL 34683
      View Details
    • $850,000
      0.32 Acres

      Cleared Land Ready for Builders

      Cleared land in a private community with utilities on site.
      117 Carlyle Dr, Palm Harbor, FL 34683
      View Details
    • $175,000

      Waterfront Lot in Crystal Bay

      Vacant waterfront lot in a tranquil Palm Harbor community.
      18 Yawl Ln, Palm Harbor, FL 34683
      View Details
    • $309,900
      0.25 Acres

      Residential Lot in Private Community

      Residential lot in Palm Harbor, build your dream home!
      1289 Almaria Ct, Palm Harbor, FL 34683
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,450 SF

      Retail Space with Drive-Thru Potential

      Retail property for lease with drive-thru potential, completion in 2020.
      2609 Alt 19, Palm Harbor, FL 34683
      View Details
    • $16 SF/Yr
      1,250 SF

      Retail Space on County Road

      Highly visible neighborhood center with spaces available for lease.
      839 County Road 1, Palm Harbor, FL 34683
      View Details
    • $58,800

      Turn-Key Restaurant Opportunity in Palm Harbor

      2000 SF equipped restaurant space for lease in Palm Harbor.
      1458 1458, Palm Harbor, FL 34683
      View Details
    • Contact for pricing
      19,133 SF

      Retail Space in Palm Harbor

      Retail space available in an ALDI anchored neighborhood center.
      1310 Tampa Rd, Palm Harbor, FL 34683
      View Details
    • $25,572

      Palm Harbor Retail/Office Space

      High-visibility retail or office space in Palm Harbor's business district.
      1454 1466, Palm Harbor, FL 34683
      View Details
    • $45,120

      Palm Harbor Medical Office Space

      Medical office space for rent in established Palm Harbor plaza.
      2855 Alt 19, Palm Harbor, FL 34683
      View Details

    Property Visit Statistics

    • Visits by month
      9.2k
    • Visitors by month
      6.2k
    • Avg Time on site
      9 min
    Request Owner's contact information
    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.
    1003 Florida Ave
    Palm Harbor, FL 34683-4310
    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
    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

    Google sign-in failed. Please try again or use another login method.