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Property profile & analytics
OFF-MARKET
Estimated value
$15,140,000
Warehouses
11435 Us Hwy 19 Port Richey, FL 34668-1439
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3103364
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Total area
124,470 SF
Lot
5.08 ac (221,497 SF)
Zoning code
00C2
APN
09-25-16-0010-03300-0011
UPID
US18-3103364
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
$17.76M
Comparable Approach
Comparable
$14.91M
Blend (final)
Blend
$15.14M
Owner & transaction history
Ps Florida Bss Port Richey LLC · 5 yrs held
Ps Florida Bss Port Richey LLC
since 2020
Last sale
$1,500
5 recorded transactions
Zoning & alternative use
00C2 · Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$20.7M
+84.7%
Office building
$13.9M
+24.1%
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 Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Richey 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%
$19,240,000
6.5%
$17,760,000
7%
$16,490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,185,000
Current use
COMMERCIAL (GENERAL)
$20,655,000
Change: +85% · Conversion: Difficult
OFFICE BUILDING
$13,875,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$15.14M
Range $13.63M – $16.65M · ±10% · vs last sale $2k (Dec 14 2020)
Last sale anchor
$2k
Dec 14 2020
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
$122 / 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
$234,628
Tax year 2023
Assessed value
$14,502,401
Assessed 2023
Previous assessed
$12,159,429
+19.3% YoY
Effective rate
1.62%
On assessed value
Assessed land
$549,371
Assessed improvement
$13,953,030
Land market value
$549,371
Improvement market value
$13,953,030
Total market value
$14,502,401
Applied tax rate
6,200.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Bathrooms
2
Total area
124,470 SF
Lot
5.08 ac (221,497 SF)
Zoning code
00C2
APN
09-25-16-0010-03300-0011
UPID
US18-3103364
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Port Richey, FL
Zoning 00C2 · permitted uses
00C2 · Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Richey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$11.2M
COMMERCIAL (GENERAL)
Est. value
$20.7M
OFFICE BUILDING
Est. value
$13.9M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2020
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Bathrooms
2
Lot
5.08 ac
Current owner
From public records · entity-resolved
Ps Florida Bss Port Richey LLC
Entity
Mailing address
701 WESTERN AVE, GLENDALE, CA 91201-2349
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
$6,889,486
Ps Florida Bss Port Richey LLC
Bss Port Richey LLC
Grant Deed
—
Dec 20, 2018
$1,500
Bss Port Richey LLC
Koronis Ents Ltd LLP
Grant Deed
—
Nov 9, 2017
—
Koronis Ents Ltd LLP
—
Deed
related
$600,000 · Usameribank
Aug 18, 2011
$600,000
Koronis Ents Ltd LLP
Cq Port Richey Property INC
Warranty Deed
—
—
—
Koronis Ents Ltd LLP
—
Deed Of Trust
related
$600,000 · Usameribank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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