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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Warehouses
12717 59th N Way Clearwater, FL 33760-3908
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2729105
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
FRAME
Total area
5,848 SF
Lot
0.28 ac (12,001 SF)
APN
08-30-16-64112-000-0130
UPID
US18-2729105
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
-
Bottom Line Process Tech Inc Metal Fabrication Plant Factory
-
Fletcher Music Center Inc (Bike/Boat/Book/etc) Store
-
Florida Solar & More Production Facility
-
ACPriceOnline General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.37M
Owner & transaction history
Cochran-zimney,krista A Trust · 11 yrs held
Cochran-zimney,krista A Trust
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+80.8%
Restaurant
$3.0M
+57.7%
Industrial (general)
$2.7M
+39.8%
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 Clearwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearwater 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
WAREHOUSE, STORAGE
$1,900,000
Current use
AUTO REPAIR, GARAGE
$3,435,000
Change: +81% · Conversion: Easy
RESTAURANT
$2,995,000
Change: +58% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,655,000
Change: +40% · Conversion: Easy
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±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
$405 / 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
$9,023
Tax year 2023
Assessed value
$561,000
Assessed 2023
Previous assessed
$450,000
+24.7% YoY
Effective rate
1.61%
On assessed value
Land market value
$155,435
Improvement market value
$405,565
Total market value
$561,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
5,848 SF
Lot
0.28 ac (12,001 SF)
APN
08-30-16-64112-000-0130
UPID
US18-2729105
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
WAREHOUSE, STORAGE Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$3.4M
RESTAURANT
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
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
1986
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Cochran-zimney,krista A Trust
Trust
Mailing address
2644 RENATTA DR, BELLEAIR BLUFFS, FL 33770-1771
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jul 17, 2015
—
Cochran-zimney,krista A Trust
Cochran-zimny Krista A
Quit Claim Deed
related
—
May 28, 2009
—
Krista A Cochran-zimny
Cochran-zimny,krista A
Quit Claim Deed
related
—
Aug 30, 2006
—
Lawrence K Zimny
Zimny,lawrence K
Quit Claim Deed
related
—
Jun 30, 1998
$210,000
Lawrence K Zimny
Moody,dwight A
Grant Deed
$165,000 · Amsouth Bank Florida
Mar 18, 1998
$177,500
Dwight A Moody
Abba Neon Corp
Grant Deed
—
—
—
Lawrence K Zimny
—
Deed Of Trust
related
$101,896 · Amsouth Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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