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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Retail properties & Spaces
11537 Us Hwy 19 Port Richey, FL 34668
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3841131
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2003
Total area
2,702 SF
Lot
2.23 ac (97,020 SF)
Zoning code
00C2
APN
09-25-16-0010-01000-0020
UPID
US18-3841131
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
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$585k
Owner & transaction history
11537 Us 19 LLC · 1 yrs held
11537 Us 19 LLC
since 2025
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
00C2 · Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$585,000
+20.4%
Retail stores
$560,000
+14.8%
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
$505,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$485,000
Current use
MEDICAL BUILDING
$585,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$450,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (May 5 2025)
Last sale anchor
$600k
May 5 2025
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
$217 / 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
$7,863
Tax year 2023
Assessed value
$449,567
Assessed 2023
Previous assessed
$384,905
+16.8% YoY
Effective rate
1.75%
On assessed value
Assessed land
$255,954
Assessed improvement
$193,613
Land market value
$255,954
Improvement market value
$193,613
Total market value
$449,567
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
NONE
Stories
1
Units
2702
Total area
2,702 SF
Lot
2.23 ac (97,020 SF)
Zoning code
00C2
APN
09-25-16-0010-01000-0020
UPID
US18-3841131
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Port Richey, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$485,000
MEDICAL BUILDING
Est. value
$585,000
RETAIL STORES
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$450,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (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
2003
Heating
NONE
Cooling
Yes
Stories
1
Units
2702
Lot
2.23 ac
Current owner
From public records · entity-resolved
11537 Us 19 LLC
Entity
Mailing address
21 FRANKLIN CT S UNIT D, ST PETERSBURG, FL 33711-5153
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
$600,000
11537 Us 19 LLC
Straw & Co INC
Warranty Deed
$510,000 · Straw & Co INC
Feb 5, 2003
$260,000
Straw & Co INC
Shared Ventures INC
Grant Deed
$425,464 · First National Bank Florida
Feb 10, 1999
$230,000
Shared Ventures INC
Rector,robert L
Grant Deed
$184,000 · Amsouth Bank Florida
—
—
Robert L Rector
—
Deed Of Trust
related
$21,057 · Barnett 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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