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Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Office buildings
12525 Walsingham Rd, Largo, FL 33774-3616
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4130679
Property summary
AI-generated overview
This prime commercial property in Largo, Florida, presents a unique investment opportunity. Located at 12525 Walsingham Road, 33774, in Pinellas County, this mixed-use building offers 4,200 square feet of net rentable space in a 10,400 square foot building. The property sits on a 0.93-acre lot and boasts approximately 305 square feet of frontage on Walsingham Road, a major thoroughfare. The building comprises four units: three units of 1,800 square feet each and a larger unit of 5,000 square feet, making it ideal for an owner-user seeking additional rental income. Built in 1985, the property features a new roof installed in April 2022. Its exceptional location ensures high traffic visibility, making it an attractive proposition for a variety of businesses. The property has been under the same ownership for approximately 30 years, indicating its long-term stability and potential. This flexible space is perfect for a variety of uses. The asking price is $1,650,000.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,440 SF
Lot
0.93 ac (40,559 SF)
APN
08-30-15-94806-000-0020
UPID
US18-4130679
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
-
Dental Magic Repair Dental Office
-
Burns Paul J Law Firm
-
Paul J. Burns, Attorney At Law Law Firm
-
Cain Sales Co HVAC Service General Contractor
-
Platinum Floor Care - Largo FL Water Damage Restoration Service Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.32M
Owner & transaction history
Anthony Paul Ferraro II · 1 yrs held
Anthony Paul Ferraro II
since 2025
Last sale
$1.3M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.1M
+2.2%
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
$1,090,000
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
$2,025,000
Current use
INDUSTRIAL (GENERAL)
$2,065,000
Change: +2% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,955,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$1,940,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,890,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±10% · vs last sale $1.30M (Feb 10 2025)
Last sale anchor
$1.30M
Feb 10 2025
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
$126 / 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
$12,085
Tax year 2023
Assessed value
$580,000
Assessed 2023
Previous assessed
$525,000
+10.5% YoY
Effective rate
2.08%
On assessed value
Land market value
$164,360
Improvement market value
$415,640
Total market value
$580,000
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
10,440 SF
Lot
0.93 ac (40,559 SF)
APN
08-30-15-94806-000-0020
UPID
US18-4130679
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
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.93 ac
Current owner
From public records · entity-resolved
Anthony Paul Ferraro II
Individual
Mailing address
10685 PARK PL DR, LARGO, FL 33778-3409
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
$1,300,000
Anthony Paul Ferraro II
Resource Medical INC
Warranty Deed
$900,000 · Resource Medical INC
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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