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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Warehouses
11683 87th St Largo, FL 33773-4917
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4071598
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
FRAME
Total area
10,026 SF
Lot
0.57 ac (24,777 SF)
APN
13-30-15-63701-000-0120
UPID
US18-4071598
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
-
My Tampa Bay Broker Real Estate Agency
-
Pago De Renta Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.15M
Owner & transaction history
Zander 87 LLC · 1 yrs held
Zander 87 LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,150,000
ML approach
$1,150,000
CAP Approach
CAP Return
Estimation
6%
$1,405,000
6.5%
$1,300,000
7%
$1,205,000
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Aug 13 2024)
Last sale anchor
$1.15M
Aug 13 2024
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
$115 / 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
$16,406
Tax year 2023
Assessed value
$895,000
Assessed 2023
Previous assessed
$895,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Land market value
$195,794
Improvement market value
$699,206
Total market value
$895,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
10,026 SF
Lot
0.57 ac (24,777 SF)
APN
13-30-15-63701-000-0120
UPID
US18-4071598
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
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.57 ac
Current owner
From public records · entity-resolved
Zander 87 LLC
Entity
Mailing address
11747 87TH ST, LARGO, FL 33773-4926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 13, 2024
$1,150,000
Zander 87 LLC
Mariner Investments INC
Special Warranty Deed
$1,150,000 · Dsrs LLC
Jun 8, 2021
$1,295,000
Mariner Investments INC
John Burpee
Warranty Deed
—
Jul 11, 2016
$460,000
John Burpee
Michael Cirasuolo
Warranty Deed
$447,500 · Usameribank
Sep 30, 2005
$655,000
Michael Cirasuolo
Applefield,paul & Mark
Warranty Deed
$524,000 · Signature Bank
—
—
Mark Applefield
—
Deed Of Trust
related
$235,000 · First Union National Bank
—
—
Michael Cirasuolo
—
Loan Modification
related
$419,924 · Whitney Bk
—
—
John Burpee
—
Loan Modification
related
$330,000 · Valley Nat'l Bk
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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