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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Office buildings
120 1st SW Ave, Largo, FL 33770-3602
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5954656
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2010
Construction
CONCRETE BLOCKS
Total area
3,422 SF
Lot
0.21 ac (9,091 SF)
APN
34-29-15-83795-001-0010
UPID
US18-5954656
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
-
Pinellas Dental Center: Hager Farah Dental Office
-
Dr. Fanny Rovira Dental Office
-
Dr. Amy Vespa Dental Office
-
Pinellas Family Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$680k
Owner & transaction history
Vespa Family Dental Pa · 2 yrs held
Vespa Family Dental Pa
since 2024
Last sale
$680,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$835,000
+34.3%
Neighborhood: shopping center
$640,000
+2.8%
Retail stores
$635,000
+2.0%
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
$680,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$625,000
Current use
COMMERCIAL (GENERAL)
$835,000
Change: +34% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$640,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +2% · Conversion: Moderate
WAREHOUSE, STORAGE
$620,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $680k (Jan 2 2024)
Last sale anchor
$680k
Jan 2 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
$199 / 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
$10,307
Tax year 2023
Assessed value
$545,000
Assessed 2023
Previous assessed
$500,000
+9.0% YoY
Effective rate
1.89%
On assessed value
Land market value
$53,243
Improvement market value
$491,757
Total market value
$545,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2010
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
1
Total area
3,422 SF
Lot
0.21 ac (9,091 SF)
APN
34-29-15-83795-001-0010
UPID
US18-5954656
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
OFFICE BUILDING Current
Est. value
$625,000
COMMERCIAL (GENERAL)
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$640,000
RETAIL STORES
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$620,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2010
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Vespa Family Dental Pa
Individual
Mailing address
195 DEVON DR, CLEARWATER, FL 33767-2439
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2024
$295,000
Vespa Family Dental Pa
Dna1 Properties LLC
Quit Claim Deed
related
—
Apr 30, 2019
$680,000
Dna1 Properties LLC
Snk Properties LLC
Warranty Deed
$612,000 · Snk Properties LLC
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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