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Property profile & analytics
OFF-MARKET
Estimated value
$7,400,000
Warehouses
12855 Starkey Rd Largo, FL 33773-1431
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5123805
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
FRAME
Total area
51,520 SF
Lot
2.55 ac (111,261 SF)
APN
12-30-15-85156-001-0020
UPID
US18-5123805
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
-
Iron Mountain Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.68M
Comparable Approach
Comparable
$9.84M
Blend (final)
Blend
$7.40M
Owner & transaction history
Sl7 Se Industrial LP
Sl7 Se Industrial LP
since 2026
Last sale
$4.6M
5 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
$8,935,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,230,000
6.5%
$6,675,000
7%
$6,200,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,675,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$7.40M
Range $6.66M – $8.14M · ±10% · vs last sale $4.55M (Dec 2 2022)
Last sale anchor
$4.55M
Dec 2 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
$144 / 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
$69,896
Tax year 2023
Assessed value
$3,696,000
Assessed 2023
Previous assessed
$2,500,000
+47.8% YoY
Effective rate
1.89%
On assessed value
Land market value
$667,939
Improvement market value
$3,028,061
Total market value
$3,696,000
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
2001
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
51,520 SF
Lot
2.55 ac (111,261 SF)
APN
12-30-15-85156-001-0020
UPID
US18-5123805
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
Est. value
$11.7M
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
2001
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
2.55 ac
Current owner
From public records · entity-resolved
Sl7 Se Industrial LP
Entity
Free & Clear · 0 yrs held
Mailing address
1481 47TH ST, NEW YORK, NY 10019
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
$100
Sl7 Se Industrial LP
Sl7 Industrial Acquisition LP
Special Warranty Deed
—
Dec 2, 2022
$4,552,300
Lg Florida Commercial LLC
Iron Mountain Information Managemen
Special Warranty Deed
$1,500,000 · Lakeland Bank
Dec 2, 2022
—
Lakeland Bank
Lg Florida Commerical LLC
Assignment Of Lease (leasehold Sale)
—
Jun 29, 2001
$2,857,200
Iron Mountain Statutory Trust
Starkey Lakes Ltd
Grant Deed
$96,000 · Bank Of Nova Scotia
—
—
Iron Mountain Records Mgmt
—
Deed Of Trust
related
$96,000,000 · Iron Mountain Statutory Trust
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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