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Property profile & analytics
OFF-MARKET
Estimated value
$13,100,000
Manufacturing properties
12395 Belcher S Rd Largo, FL 33773-3096
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6875419
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Construction
CONCRETE BLOCKS
Total area
37,616 SF
Lot
1.93 ac (84,271 SF)
APN
07-30-16-70956-300-0704
UPID
US18-6875419
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
-
Tropic Supply Big Box & Wholesale Store
-
Elite CNC Machining Industrial Manufacturer
-
Prestige Custom Cabinets General Contractor Renovation Specialist
-
Elite Aerospace LLC Industrial Manufacturer
-
Outdoor Cabinets Direct Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.10M
Owner & transaction history
Sloane Street Capital II LLC · 1 yrs held
Sloane Street Capital II LLC
since 2024
Last sale
$13.1M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.3M
+127.9%
Auto repair, garage
$15.7M
+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
$13,100,000
ML approach
$13,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,350,000
Current use
RESTAURANT
$21,310,000
Change: +128% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,650,000
Change: +67% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,200,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,140,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$8,525,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$13.10M
Range $11.79M – $14.41M · ±10% · vs last sale $13.10M (Aug 6 2024)
Last sale anchor
$13.10M
Aug 6 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
$348 / 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
$51,682
Tax year 2023
Assessed value
$2,730,000
Assessed 2023
Previous assessed
$2,730,000
+0.0% YoY
Effective rate
1.89%
On assessed value
Land market value
$598,901
Improvement market value
$2,131,099
Total market value
$2,730,000
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
1999
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
5
Total area
37,616 SF
Lot
1.93 ac (84,271 SF)
APN
07-30-16-70956-300-0704
UPID
US18-6875419
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
$9.4M
RESTAURANT
Est. value
$21.3M
AUTO REPAIR, GARAGE
Est. value
$15.7M
COMMERCIAL (GENERAL)
Est. value
$9.2M
WAREHOUSE, STORAGE
Est. value
$9.1M
OFFICE BUILDING
Est. value
$8.5M
INDUSTRIAL (GENERAL) Current
RESTAURANT
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
1999
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
5
Lot
1.93 ac
Current owner
From public records · entity-resolved
Sloane Street Capital II LLC
Entity
Free & Clear · 1 yrs held
Mailing address
6911 BRYAN DAIRY RD S STE #210, LARGO, FL 33777-1641
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
$13,100,000
Sloane Street Capital II LLC
Yale Mosk & Co
Special Warranty Deed
—
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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