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Property profile & analytics
FOR LEASE
Retail space
12 WEST Orange St Tarpon Springs, FL 34689
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-1396417
For Lease
1 / 10
$45,600 SF/Yr
12 WEST Orange St, Tarpon Springs, FL 34689
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Construction
FRAME
Total area
1,888 SF
Lot
0.1 ac (4,561 SF)
APN
12-27-15-89982-064-0306
UPID
US18-1396417
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
-
CBD Store Tarpon Springs Florida (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Elstephmar LLC · 9 yrs held
Elstephmar LLC
since 2016
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 Tarpon Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarpon Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,087
Tax year 2023
Assessed value
$175,000
Assessed 2023
Previous assessed
$146,000
+19.9% YoY
Effective rate
1.76%
On assessed value
Land market value
$58,443
Improvement market value
$116,557
Total market value
$175,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1910
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
1,888 SF
Lot
0.1 ac (4,561 SF)
APN
12-27-15-89982-064-0306
UPID
US18-1396417
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
1910
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Elstephmar LLC
Entity
Mailing address
PO BOX 90353, BROOKLYN, NY 11209-0353
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2016
—
Elstephmar LLC
Notias,kalliopi
Quit Claim Deed
related
—
Jan 20, 2012
$92,000
Kalliopi Notias
Patriot Bk
Warranty Deed
—
Apr 28, 2011
$213,700
Patriot Bk
Fruits Properties LLC
Warranty Deed
—
Apr 29, 2002
$110,000
Fruits Properties LLC
Fruits,roger G & Shalleen E
Grant Deed
related
—
May 5, 1999
$70,000
Roger G Fruits
Spalding,peter
Grant Deed
$101,000 · Florida Bank Of Commerce
Mar 20, 1997
—
Peter Spalding
Timeless Designs INC
Quit Claim Deed
related
—
—
—
Fruits Properties LLC
—
Deed Of Trust
related
$123,750 · Madison Bank
—
—
Roger G Fruits
—
Deed Of Trust
related
$3,900 · Johnny R White
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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