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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
1430 Belcher Rd Clearwater, FL 33764-2876
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-2002295
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1985
Construction
CONCRETE BLOCKS
Total area
3,196 SF
Lot
0.17 ac (7,283 SF)
APN
24-29-15-87696-000-0470
UPID
US18-2002295
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
-
Jeffrey Ellenberg D.M.D. P.A. Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$550k
Owner & transaction history
Ellamy Holdings LLC · 19 yrs held
Ellamy Holdings LLC
since 2007
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$665,000
+10.7%
Warehouse, storage
$650,000
+8.5%
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
OFFICE BUILDING
$600,000
Current use
RETAIL STORES
$665,000
Change: +11% · Conversion: Moderate
WAREHOUSE, STORAGE
$650,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$172 / 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
$7,098
Tax year 2023
Assessed value
$380,000
Assessed 2023
Previous assessed
$335,000
+13.4% YoY
Effective rate
1.87%
On assessed value
Land market value
$55,868
Improvement market value
$324,132
Total market value
$380,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
3,196 SF
Lot
0.17 ac (7,283 SF)
APN
24-29-15-87696-000-0470
UPID
US18-2002295
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 Current
Est. value
$600,000
RETAIL STORES
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ellamy Holdings LLC
Entity
Mailing address
1430 S BELCHER RD, CLEARWATER, FL 33764-2876
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Apr 18, 2024
—
Ellamy Holdings LLC
—
Deed
related
$217,491 · The Huntington National Bank
May 8, 2017
—
Ellamy Holdings LLC
—
Deed
related
$575,000 · Grow Financial FCU
Jan 9, 2007
$675,000
Ellamy Holdings LLC
Berger,ira F
Warranty Deed
$540,000 · Old Harbor Bank
—
—
Ellamy Holdings LLC
—
Deed Of Trust
related
$50,000 · Old Harbor Bank
—
—
Ellamy Holdings LLC
—
Deed Of Trust
related
$289,080 · Bank Of America
—
—
Ellamy Holdings LLC
—
Deed Of Trust
related
$15,743 · Old Harbor 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.
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