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12011 44Th St N, Clearwater, FL 33762
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Property summary
AI-generated overview
This 12,046-square-foot freestanding office/warehouse building in Clearwater, Florida, presents a compelling owner-user opportunity. Built in 1979 and renovated in 2022, this Class C industrial property features 1,500 square feet of well-appointed office space and a spacious warehouse area with 11.6' to 14.6' clear ceiling height. The property boasts two grade-level loading doors (12' x 12'), a double front truck well with levelers, and ample parking (12 spaces) with additional side and rear parking. A significant advantage is the 400-amp 3-phase power, air lines, and rear outside storage. Situated on a 0.86-acre lot in the Gateway submarket, this single-unit building benefits from IH (Heavy Industrial) zoning. Additional features include a partially fenced site, a light mezzanine storage area above the office, high bay lighting, and skylights. This property is ideal for distribution, manufacturing, or warehouse operations. The location in Pinellas County, Florida, offers excellent access to major transportation routes.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
12,000 SF
Lot
0.96 ac (41,704 SF)
APN
10-30-16-17991-001-0010
UPID
US18-4724485
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
since 2020
Last sale
$720,000
3 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.06M
Value range
$950k – $1.16M
±10% around blend
Estimated value / SF
$88 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$950k
blend $1.06M
$1.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,000 SF
Lot area
0.96 ac
Year built
1979
Stories
1
APN
10-30-16-17991-001-0010
Assessed value
$660,000
Annual tax
$14,187
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.28M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.0 mi away · 12,000 SF
1.0 mi away · 12,000 SF
2.5 mi away · 9,000 SF
3.3 mi away · 9,000 SF
7.8 mi away · 9,484 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.06M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 52 sales
$162
-46%
Submarket 96 sales
$165
-47%
County 388 sales
$175
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $88/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$720k
Move the market yield to see immediate price impact.
Value / SF
$60
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$45k
$907k
$648k
$504k
$50k
$1.01M
$720k
$560k
$55k
$1.11M
$792k
$616k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.50M
0.2 mi · Dec 2025 · $111/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,187
Tax year 2023
Assessed value
$660,000
Assessed 2023
Previous assessed
$630,000
+4.8% YoY
Effective rate
2.15%
On assessed value
Land market value
$310,119
Improvement market value
$349,881
Total market value
$660,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
12,000 SF
Lot
0.96 ac (41,704 SF)
APN
10-30-16-17991-001-0010
UPID
US18-4724485
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.96 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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