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Property profile & analytics
OFF-MARKET
Estimated value
$4,450,000
Manufacturing properties
12340 66th St Largo, FL 33773-3436
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3764078
Property summary
AI-generated overview
This Largo, Florida industrial property at 12340 66th St N offers 13,139 square feet of immediately available warehouse space for lease. The building, a single-story Class B structure built in 1978, boasts a total of 49,514 square feet and is situated on a 3.65-acre lot. The available space features ceiling heights ranging from 19 to 22 feet, providing ample vertical clearance. Access is convenient with three dock-high doors and one drive-in door. The property benefits from street frontage on 66th Street. While the current space lacks built-in office space, the landlord is open to build-to-suit options to accommodate tenant needs. A significant advantage is the availability of an additional half-acre of paved and fenced land adjacent to the leased space, ideal for laydown yards, drop lots, extra parking, or outdoor storage. The property is multi-tenant, with the minimum divisible space being 13,139 square feet. This versatile space is suitable for warehouse, manufacturing, flex, or distribution uses. The property is located in Largo, Florida, zip code 33773.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
FRAME
Total area
47,490 SF
Lot
3.65 ac (158,868 SF)
APN
07-30-16-70956-400-1602
UPID
US18-3764078
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
-
Vinoveritas Wine Imports Brewery & Distillery Big Box & Wholesale Store
-
Vinoveritas Wine Import and Distribution Corporate Office
-
Vinoveritas LLC Corporate Office
-
Pure Planet Pool Service General Contractor
-
Barbell Barbell Gym Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.45M
CAP Approach
CAP
$5.36M
Comparable Approach
Comparable
$5.09M
Blend (final)
Blend
$4.45M
Owner & transaction history
12340 66th Largo LLC · 1 yrs held
12340 66th Largo LLC
since 2024
Last sale
$4.5M
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
$4,450,000
ML approach
$4,450,000
CAP Approach
CAP Return
Estimation
6%
$5,805,000
6.5%
$5,360,000
7%
$4,975,000
Blend value · Realmo final
$4.45M
Range $4.01M – $4.90M · ±10% · vs last sale $4.45M (Jul 18 2024)
Last sale anchor
$4.45M
Jul 18 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
$94 / 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
$41,763
Tax year 2023
Assessed value
$2,155,000
Assessed 2023
Previous assessed
$2,155,000
+0.0% YoY
Effective rate
1.94%
On assessed value
Land market value
$917,980
Improvement market value
$1,237,020
Total market value
$2,155,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
6
Total area
47,490 SF
Lot
3.65 ac (158,868 SF)
APN
07-30-16-70956-400-1602
UPID
US18-3764078
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
1978
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
6
Lot
3.65 ac
Current owner
From public records · entity-resolved
12340 66th Largo LLC
Entity
Mailing address
1515 E PENNY ST #100, TAMPA, FL 33605
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2024
$4,450,000
12340 66th Largo LLC
J R S Property Holdings LLC
Warranty Deed
$2,892,500 · Banesco USA
Feb 7, 2020
—
Jrs Property Holdings LLC
—
Deed
related
$1,500,000 · Centerstate Bank NA
Aug 7, 2018
—
Jrs Property Holdings LLC
—
Deed
related
$1,100,000 · Synovus Bk
Oct 3, 2017
$1,435,000
Jrs Property Holdings LLC
L3 Technologies INC
Grant Deed
$1,098,000 · L3 Technologies INC
Dec 21, 2001
$2,100,000
L3 Communications Corp
Scandia Technologies INC
Grant Deed
—
Apr 12, 2001
$2,000,000
66th Street Associates LLC
R & R Manufacturing INC
Grant Deed
$1,400,000 · Stancorp Mortgage Investors
Feb 13, 1997
$50,000
Ramal Realty Co
Nestor Trust
Trustees Deed
$800,000 · Southtrust Bank Florida NA
Feb 13, 1997
$950,000
Ramal Realty Co
Nestor,robert G
Trustees Deed
—
—
—
Jrs Property Holdings LLC
—
Deed Of Trust
related
$1,100,000 · Synovus 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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