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Property profile & analytics
OFF-MARKET
Estimated value
$28,945,000
Flex space
12210 62nd St Largo, FL 33773-3745
Entity Owned
Property ID
US18-4095093
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Construction
WOOD FRAME
Total area
104,540 SF
Lot
14.48 ac (630,932 SF)
APN
08-30-16-70974-300-1600
UPID
US18-4095093
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
-
The Home Depot Distribution Center Distribution Center Logistics Company
-
Cypress Business Park Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$39.77M
Blend (final)
Blend
$28.95M
Owner & transaction history
Trek Largo 62nd Street LLC
Trek Largo 62nd Street LLC
since 2025
Last sale
$26.7M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$43.5M
+67.4%
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
$28,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$25,980,000
Current use
AUTO REPAIR, GARAGE
$43,495,000
Change: +67% · Conversion: Easy
COMMERCIAL (GENERAL)
$25,570,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$25,400,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$23,695,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$28.95M
Range $26.05M – $31.84M · ±10% · vs last sale $26.70M (Nov 3 2020)
Last sale anchor
$26.70M
Nov 3 2020
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
$277 / 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
$497,316
Tax year 2023
Assessed value
$25,300,000
Assessed 2023
Previous assessed
$24,900,000
+1.6% YoY
Effective rate
1.97%
On assessed value
Land market value
$2,078,735
Improvement market value
$23,221,265
Total market value
$25,300,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2020
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
104,540 SF
Lot
14.48 ac (630,932 SF)
APN
08-30-16-70974-300-1600
UPID
US18-4095093
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
INDUSTRIAL (GENERAL) Current
Est. value
$26.0M
AUTO REPAIR, GARAGE
Est. value
$43.5M
COMMERCIAL (GENERAL)
Est. value
$25.6M
WAREHOUSE, STORAGE
Est. value
$25.4M
OFFICE BUILDING
Est. value
$23.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
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
2020
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
14.48 ac
Current owner
From public records · entity-resolved
Trek Largo 62nd Street LLC
Entity
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$40,500,000
Trek Largo 62nd Street LLC
Civf Vi Fl4m01 M02 LLC
Special Warranty Deed
—
Jul 19, 2021
—
Civf Vi Fl4m01 M02 LLC
—
Deed
related
$20,400,000 · Great West Life & Annuity Insurance Co
Nov 3, 2020
$26,700,000
Civf Vi Fl4m01-m02 LLC
Cypress Business Park LLC
Grant Deed
—
Mar 9, 2020
—
Cypress Business Park LLC
—
Deed
related
$13,452,360 · Valley Nat'l Bk
Jul 2, 2019
$3,200,000
Cypress Business Park LLC
Axley,william C
Grant Deed
$2,080,000 · Midflorida Cu
—
—
Cypress Business Park LLC
—
Deed Of Trust
related
$13,452,360 · 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.
Try Rey
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