Entity Owned Property summary
AI-generated overview
Discover Starkey Center, a two-building, 102,609-square-foot light industrial and office complex in Largo, Florida's Gateway/Mid-Pinellas submarket. This single-story center boasts 6,250 square feet of immediately available flex space, divisible to a minimum of 6,250 square feet and a maximum contiguous space of 6,250 square feet. Built in 1980, the property enjoys a highly visible location on Starkey Road, one of Pinellas County's busiest north-south arteries, offering exceptional marketing potential. Each suite benefits from direct Starkey Road frontage. Under new ownership, the center maintains excellent curb appeal and meticulously landscaped grounds. Ample parking is provided, exceeding market standards, with an additional auxiliary lot ensuring convenient parking for tenants and their clients. The property's diverse suite sizes cater to a wide range of business needs, making it an ideal long-term solution for companies seeking a strategic location in the heart of Pinellas County. The property's address is 12345 Starkey Rd, Largo, FL 33773.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,080 SF
Lot
3.54 ac (154,246 SF)
APN
12-30-15-69615-000-0010
UPID
US18-4508545
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
-
Gym & Fitness Center
-
Production Facility
-
Postal Service Courier Service
-
Electrical Service General Contractor
-
Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.36M
Comparable Approach
Comparable
$8.87M
Blend (final)
Blend
$10.46M
Owner & transaction history
since 2025
Last sale
$13.6M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Industrial (general)
$11.2M
+2.3%
Commercial (general)
$11.0M
+0.7%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$10.46M
Value range
$9.41M – $11.51M
±10% around blend
Estimated value / SF
$232 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$9.41M
blend $10.46M
$11.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
45,080 SF
Lot area
3.54 ac
Year built
1980
Stories
1
APN
12-30-15-69615-000-0010
Assessed value
$3,335,000
Annual tax
$58,878
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.36M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.97M
@ 6.5% CAP return
$7.36M
@ 7% CAP return
$6.83M
4
Sales comparison
Partial preview
Sales approach indication
$5.37M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.8 mi away · 43,921 SF
24.8 mi away · 33,700 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$10.46M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$243
-5%
Submarket 50 sales
$181
+28%
County 439 sales
$220
+6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $232/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+2%
vs current-use indication
Commercial (general)
Warehouse, Storage · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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 · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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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$13.60M
Move the market yield to see immediate price impact.
Value / SF
$302
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%
$857k
$17.13M
$12.24M
$9.52M
$952k
$19.04M
$13.60M
$10.58M
$1.05M
$20.94M
$14.96M
$11.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$4.46M
5.5 mi · Dec 2025 · $118/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$58,878
Tax year 2023
Assessed value
$3,335,000
Assessed 2023
Previous assessed
$3,335,000
+0.0% YoY
Effective rate
1.77%
On assessed value
Land market value
$1,073,918
Improvement market value
$2,261,082
Total market value
$3,335,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
15
Total area
45,080 SF
Lot
3.54 ac (154,246 SF)
APN
12-30-15-69615-000-0010
UPID
US18-4508545
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
15
Lot
3.54 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.
Registration is required before any owner information is shown.
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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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