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Property profile & analytics
OFF-MARKET
Estimated value
$2,965,000
Office buildings
12600 Belcher S Rd, Largo, FL 33773-1656
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4512286
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
CONCRETE BLOCKS
Total area
28,493 SF
Lot
1.98 ac (86,223 SF)
APN
12-30-15-70542-100-1400
UPID
US18-4512286
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
-
Tampa Bay Floor Store Construction Company
-
LEAD Pinellas Employment Agency
-
Kwidos Construction Company General Contractor
-
MH Resales - Mobile Home Real Estate Real Estate Agency
-
Pinellas Palms Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$2.97M
Owner & transaction history
Belcher Plaza LLC · 3 yrs held
Belcher Plaza LLC
since 2022
Last sale
$2.7M
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
$2,490,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.97M
Range $2.67M – $3.26M · ±10% · vs last sale $2.70M (Oct 13 2022)
Last sale anchor
$2.70M
Oct 13 2022
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
$104 / 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
$41,132
Tax year 2023
Assessed value
$2,175,000
Assessed 2023
Previous assessed
$1,115,000
+95.1% YoY
Effective rate
1.89%
On assessed value
Land market value
$854,430
Improvement market value
$1,320,570
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
1984
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
10
Total area
28,493 SF
Lot
1.98 ac (86,223 SF)
APN
12-30-15-70542-100-1400
UPID
US18-4512286
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
1984
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
10
Lot
1.98 ac
Current owner
From public records · entity-resolved
Belcher Plaza LLC
Entity
Mailing address
5230 LAND O LKS BLVD UNIT #1923, LAND O LAKES, FL 34639-3277
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
$2,700,000
Belcher Plaza LLC
H S W Assodates INC
Warranty Deed
$1,810,000 · Vast Bank NA
Nov 19, 2012
$750,000
Hsw Associates INC
General Elec Cap Corp
Grant Deed
—
May 20, 2011
$141,600
General Elec Cap Corp
Belcher Center INC Coc
Trustees Deed
related
—
Aug 1, 2006
—
Belcher Center INC
Owner,record
Grant Deed
related
—
Jul 13, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Dec 31, 2002
$1,200,000
Belcher Center INC
Belcher Center LLC
Grant Deed
related
—
Mar 14, 2002
$2,500,000
Belcher Center
Belleair Realty Inv
Grant Deed
$1,875,000 · Century Bank Fsb
Jan 9, 2002
—
Belleair Realty Investment INC
Realty Advisory Group INC
Quit Claim Deed
related
—
—
—
Belcher Center INC
—
Deed Of Trust
related
$250,000 · Perfect Properties LLC
—
—
Belcher Center INC
—
Deed Of Trust
related
$2,400,000 · Whitney National Bank
—
—
Belcher Center INC
—
Deed Of Trust
related
$3,055,000 · General Electric Capital Corp
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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