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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Office buildings
12360 66th St, Largo, FL 33773-3434
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US19-0841328
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Construction
CONCRETE BLOCKS
Total area
20,546 SF
Lot
2.1 ac (91,472 SF)
APN
07-30-16-70956-400-1601
UPID
US19-0841328
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
-
SilverBox Studios Video Editing Service
-
Legal Transporters Law Firm
-
Heart Wisdom Acupuncture and Oriental Medicine Physician Alternative Medicine Practice
-
Purrfect Lash Hair Salon Nail Salon
-
Pathways to Wellness Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$3.18M
Owner & transaction history
Smart Sixty Six LLC · 7 yrs held
Smart Sixty Six LLC
since 2019
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.1M
+9.7%
Commercial (general)
$5.0M
+7.9%
Warehouse, storage
$5.0M
+7.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,655,000
Current use
INDUSTRIAL (GENERAL)
$5,105,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,025,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$4,990,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,845,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$3,815,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$3.18M
Range $2.86M – $3.49M · ±10%
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
$155 / 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
$42,354
Tax year 2023
Assessed value
$2,175,000
Assessed 2023
Previous assessed
$1,975,000
+10.1% YoY
Effective rate
1.95%
On assessed value
Land market value
$693,306
Improvement market value
$1,481,694
Total market value
$2,175,000
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
OFFICE BUILDING
Status
Off-Market
Year built
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
7
Total area
20,546 SF
Lot
2.1 ac (91,472 SF)
APN
07-30-16-70956-400-1601
UPID
US19-0841328
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
$4.7M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$5.0M
WAREHOUSE, STORAGE
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
RETAIL STORES
Est. value
$3.8M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1977
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
7
Lot
2.1 ac
Current owner
From public records · entity-resolved
Smart Sixty Six LLC
Entity
Mailing address
7373 ROWLETT PARK DR, TAMPA, FL 33610-1141
Ownership since
2019
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
Jun 18, 2019
$2,175,000
Smart Sixty Six LLC
Mcmercer LLC
Warranty Deed
$1,413,750 · Centerstate Bank Of Florida NA
Dec 23, 2008
$1,610,000
Mcmercer LLC
Ancast Investments LLC
Warranty Deed
$1,368,500 · Bank Of America NA
Dec 23, 2008
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jun 7, 2004
$2,000,000
Ancast Investments LLC
Jacobs,lenore
Grant Deed
$1,500,000 · Bank Of St Petersburg
—
—
Mcmercer LLC
—
Loan Modification
related
$734,424 · Bank Of America
—
—
Mcmercer LLC
—
Deed Of Trust
related
$250,000 · Bank Of America
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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