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Property profile & analytics
OFF-MARKET
Estimated value
$44,465,000
Community centers
10500 Ulmerton Rd Ste 500 Largo, FL 33771-3502
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2812359
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
CONCRETE BLOCKS
Total area
162,873 SF
Lot
33.54 ac (1,460,946 SF)
APN
10-30-15-50258-000-0030
UPID
US18-2812359
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$44.47M
Blend (final)
Blend
$44.47M
Owner & transaction history
Burlington Coat Factory Warehouse C · 2 yrs held
Burlington Coat Factory Warehouse C
since 2023
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$67.8M
+122.4%
Commercial (general)
$39.8M
+30.7%
Industrial (general)
$36.6M
+20.2%
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 Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Largo 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
NEIGHBORHOOD: SHOPPING CENTER
$30,475,000
Current use
AUTO REPAIR, GARAGE
$67,760,000
Change: +122% · Conversion: Difficult
COMMERCIAL (GENERAL)
$39,835,000
Change: +31% · Conversion: Easy
INDUSTRIAL (GENERAL)
$36,630,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$34,240,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$30,245,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$29,475,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$44.47M
Range $40.02M – $48.91M · ±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
$273 / 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
$1,047,586
Tax year 2023
Assessed value
$55,395,000
Assessed 2023
Previous assessed
$53,000,000
+4.5% YoY
Effective rate
1.89%
On assessed value
Land market value
$17,624,235
Improvement market value
$37,770,765
Total market value
$55,395,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Bathrooms
81
Total area
162,873 SF
Lot
33.54 ac (1,460,946 SF)
APN
10-30-15-50258-000-0030
UPID
US18-2812359
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$30.5M
AUTO REPAIR, GARAGE
Est. value
$67.8M
COMMERCIAL (GENERAL)
Est. value
$39.8M
INDUSTRIAL (GENERAL)
Est. value
$36.6M
OFFICE BUILDING
Est. value
$34.2M
RETAIL STORES
Est. value
$30.2M
WAREHOUSE, STORAGE
Est. value
$29.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1988
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Bathrooms
81
Lot
33.54 ac
Current owner
From public records · entity-resolved
Burlington Coat Factory Warehouse C
Individual
Free & Clear · 2 yrs held
Mailing address
1830 N RTE 130, BURLINGTON, NJ 08016-3017
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
Burlington Coat Factory Warehouse C
Kimco Realty Op LLC
Lease
—
Mar 8, 2004
$7,929
Tfk Retail Ltd
—
Grant Deed
related
—
Aug 25, 1999
$35,117,000
Tfk Retail Ltd
Lincoln National Life Ins Co
Grant Deed
$26,337,750 · Seller
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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