Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12875 60th N St Clearwater, FL 33760-3960

    • Manufacturing properties
    • 15,000 SF
    • 5.56 lot acres
    OFF-MARKET
    Value Estimations
    $4,990,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3624768
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Clearwater Transfer / Freight Service / Logistics Company

    Property Details for 12875 60th N St

    Year built
    1981
    Construction
    FRAME
    Lot size
    5.56 lot acres
    Property size
    15,000 SF
    Property type
    Manufacturing properties
    APN
    08-30-16-70974-100-1301
    APU
    83016709741001301

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,988,000
      Market price range: $1.68M - $15.2M
      AI Estimate
      $4,988,000
      Market price range: $1.68M - $15.2M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $6,810,000
      Current use
      RESTAURANT
      $7,685,000
      Change: +13% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7153
    Latitude
    27.8893
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,979
    $0.00
    $0.00
    $1,178,707
    -
    $745,890
    $432,817
    $1,178,707

    Comparable in this City

    • Value Estimation
      $4,445,000
      12,000 SF

      11345 53rd N St

      MANUFACTURING (LIGHT) • 12,000 SF
      11345 53rd N St, Clearwater, FL 33760-4822
      View Details
    • Value Estimation
      $5,655,000
      12,650 SF

      13200 58th N St

      MANUFACTURING (LIGHT) • 12,650 SF
      13200 58th N St, Clearwater, FL 33760-3903
      View Details
    • Value Estimation
      $9,480,000
      26,352 SF

      14501 58th N St

      MANUFACTURING (LIGHT) • 26,352 SF
      14501 58th N St, Clearwater, FL 33760-2808
      View Details
    • Value Estimation
      $17,565,000
      27,996 SF

      5260 113th N Ave

      MANUFACTURING (LIGHT) • 27,996 SF
      5260 113th N Ave, Clearwater, FL 33760-4838
      View Details
    • Value Estimation
      $24,480,000
      37,500 SF

      15201 Roosevelt Blvd

      MANUFACTURING (LIGHT) • 37,500 SF
      15201 Roosevelt Blvd, Clearwater, FL 33760-3559
      View Details
    • Value Estimation
      $5,445,000
      5,372 SF

      12812 60th N St

      MANUFACTURING (LIGHT) • 5,372 SF
      12812 60th N St, Clearwater, FL 33760-3959
      View Details

    Similar Nearby for Sale

    • $1,535,000
      10,640 SF

      Warehouse/Office Manufacturing Facility For Sale

      Versatile 10,640 SF warehouse/office in desirable industrial park.
      14350 60Th St N, Clearwater, FL 33760
      View Details
    • $2,087,000
      8,600 SF

      Clearwater Office Building Investment

      8,600 SF Flex Office, 100% Occupied
      14333 58Th St, Clearwater, FL 33760
      View Details
    • $1,500,000
      6,000 SF

      Clearwater Warehouse Near Highway 19

      6,000 SF warehouse with logistical ease near Tampa.
      2868 Roosevelt Blvd, Clearwater, FL 33760
      View Details
    • $385,000
      0.28 Acres

      Clearwater Land For Sale

      Vacant 0.28 acre lot in Clearwater, C-2 zoning.
      6353 143Rd Ave N, Clearwater, FL 33760
      View Details
    • $597,000
      0.96 Acres

      Clearwater Vacant Land Parcel

      Oversized vacant parcel with development potential in Clearwater, Florida.
      1971 Wolford Rd, Clearwater, FL 33760
      View Details
    • $149,000
      0.17 Acres

      Residential Land in Clearwater, FL

      Residential land suitable for building a home near beaches.
      15421 58Th St N, Clearwater, FL 33760
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Clearwater Industrial Building with Paint Booth

      8,166 SF industrial building with office and warehouse space.
      6236 147Th Ave N, Clearwater, FL 33760
      View Details
    • Contact for pricing

      FL, Clearwater - Tech Data Dr

      Discover many ways to work your way in Fort Washington
      5225 Tech Data Dr, Clearwater, FL 33760
      View Details
    • Contact for pricing
      24,000 SF

      Clearwater Warehouse and Industrial Space

      Warehouse and industrial spaces for lease in Sunshine Industrial Park.
      5200-5220 126Th Ave N, Clearwater, FL 33760
      View Details
    • Contact for pricing

      Industrial Land with Highway Access

      Industrial land for rent with highway access and heavy industrial zoning.
      5200 126Th Ave N, Clearwater, FL 33760
      View Details
    • Contact for pricing

      Clearwater Warehouse Units For Rent

      Renovated warehouse units in Clearwater, near Howard Franklin Bridge.
      12950 58Th St N, Clearwater, FL 33760
      View Details
    • Contact for pricing

      Industrial Land Available For Rent

      Industrial land available for rent, partially fenced.
      5250 140Th Ave N, Clearwater, FL 33760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12875 60th N St
    Clearwater, FL 33760-3960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!