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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Strip malls
12950 Starkey Rd Largo, FL 33773-1434
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4563910
Property summary
AI-generated overview
This exceptional 17,765 square foot mixed-use property in Largo, FL, sits on a 1.84-acre lot and presents a unique investment opportunity. The property boasts a 90' x 49' retail space currently leased to a long-term tenant, providing immediate income potential and high visibility on a major thoroughfare. A substantial 50' x 240' warehouse area, featuring 10 bays, is also currently leased, offering ample space for storage, distribution, or manufacturing. The property includes open-air storage, ideal for additional inventory or equipment. Ample parking is available for both customers and staff. Convenient access to major highways and transportation routes enhances its strategic location. This versatile property is perfect for expanding businesses or new ventures seeking a prime commercial space with diverse functionalities. The combination of retail and warehouse space, coupled with its high-traffic location and ample parking, makes this a rare and valuable opportunity in a sought-after area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,802 SF
Lot
1.84 ac (79,976 SF)
APN
11-30-15-70524-100-1700
UPID
US18-4563910
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
-
TrackPrep Performance LLC Auto Parts Store
-
Discount Mattress & Furniture World Furniture & Home Goods
-
A J's Beds & Furniture Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$820k
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.33M
Owner & transaction history
Zes Coastal Properties LLC · 5 yrs held
Zes Coastal Properties LLC
since 2021
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+122.4%
Commercial (general)
$1.2M
+30.7%
Warehouse, storage
$1.2M
+29.9%
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
$1,635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$760,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$900,000
Current use
AUTO REPAIR, GARAGE
$2,000,000
Change: +122% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,175,000
Change: +31% · Conversion: Easy
WAREHOUSE, STORAGE
$1,165,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$890,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10% · vs last sale $1.35M (Mar 8 2021)
Last sale anchor
$1.35M
Mar 8 2021
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
$277 / 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
$20,235
Tax year 2023
Assessed value
$1,070,000
Assessed 2023
Previous assessed
$1,000,000
+7.0% YoY
Effective rate
1.89%
On assessed value
Land market value
$683,634
Improvement market value
$386,366
Total market value
$1,070,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Bathrooms
9
Total area
4,802 SF
Lot
1.84 ac (79,976 SF)
APN
11-30-15-70524-100-1700
UPID
US18-4563910
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
9
Lot
1.84 ac
Current owner
From public records · entity-resolved
Zes Coastal Properties LLC
Entity
Mailing address
7203 121ST TER, LARGO, FL 33773-3204
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2026
—
Zes Coastal Properties LLC
—
Deed
related
$600,000 · Hancock Whitney Bank
Mar 8, 2021
$1,350,000
Zes Coastal Properties LLC
Peterson Rommel LLC
Special Warranty Deed
$1,100,000 · Peterson Rommel LLC
May 24, 2016
—
Peterson Rommel LLC
—
Deed
related
$375,000 · Bank Of America NA
Aug 3, 2004
$720,000
Peterson Rommel LLC
Bfh Properties INC
Warranty Deed
$670,000 · Bfh Properties INC
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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