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Property profile & analytics
OFF-MARKET
Estimated value
$2,445,000
Commercial land
12765 Sunshine Ln, Treasure Island, FL 33706-5041
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-2337826
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1942
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,121 SF
Lot
1.88 ac (81,954 SF)
APN
15-31-15-76240-000-0000
UPID
US18-2337826
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.45M
Owner & transaction history
Jp Beach Holdings LLC · 14 yrs held
Jp Beach Holdings LLC
since 2012
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 Treasure Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Treasure Island 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
Blend value · Realmo final
$2.45M
Range $2.20M – $2.69M · ±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
$1,153 / 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
$83,099
Tax year 2023
Assessed value
$5,122,245
Assessed 2023
Previous assessed
$4,924,921
+4.0% YoY
Effective rate
1.62%
On assessed value
Land market value
$5,122,245
Total market value
$5,122,245
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1942
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
YES
Stories
2
Bathrooms
3
Total area
2,121 SF
Lot
1.88 ac (81,954 SF)
APN
15-31-15-76240-000-0000
UPID
US18-2337826
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
1942
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
Yes
Stories
2
Bathrooms
3
Lot
1.88 ac
Current owner
From public records · entity-resolved
Jp Beach Holdings LLC
Entity
Free & Clear · 14 yrs held
Mailing address
5300 W CYPRESS ST STE #100, TAMPA, FL 33607-1712
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2012
$1,000,000
Jp Beach Holdings LLC
Rice Family Holdings Lllp
Warranty Deed
—
Dec 23, 2009
$1,713,000
Rice Family Holdings Lllp
Rice,agnes E
Grant Deed
related
$2,300,000 · Seven Moes LLC
May 22, 2009
—
Rice Famly Holdings Lllp
Rice Agnes E Trust
Quit Claim Deed
related
—
Oct 31, 2008
—
Rice Agnes E Trust
Rice,agnes E
Quit Claim Deed
related
$500,001 · Frank M Davis
Sep 29, 2006
—
Rice Agnes E Trust
Rice,agnes E
Quit Claim Deed
related
—
—
—
Agnes Rice
—
Deed Of Trust
related
$450,000 · United Bank & Trust Co
—
—
Agnes Rice
—
Deed Of Trust
related
$96,761 · United Bank & Trust Co
—
—
Rice Agnes E Trust
—
Deed Of Trust
related
$650,001 · Frank M Davis
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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