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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Manufacturing properties
1827 Industrial Blvd Tarpon Springs, FL 34689-6728
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-8840285
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Construction
CONCRETE BLOCKS
Total area
19,388 SF
Lot
1.12 ac (48,961 SF)
APN
02-27-15-00978-000-0180
UPID
US18-8840285
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
-
Global Sign & Awning (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Wicks Enterprises LLC · 3 yrs held
Wicks Enterprises LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.5M
+2.3%
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 Tarpon Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tarpon Springs 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
$2,155,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,370,000
6.5%
$2,190,000
7%
$2,030,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,390,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,470,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.10M (Jan 27 2021)
Last sale anchor
$2.10M
Jan 27 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
$110 / 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
$33,751
Tax year 2023
Assessed value
$1,800,000
Assessed 2023
Previous assessed
$1,635,000
+10.1% YoY
Effective rate
1.88%
On assessed value
Land market value
$364,055
Improvement market value
$1,435,945
Total market value
$1,800,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
4
Total area
19,388 SF
Lot
1.12 ac (48,961 SF)
APN
02-27-15-00978-000-0180
UPID
US18-8840285
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
4
Lot
1.12 ac
Current owner
From public records · entity-resolved
Wicks Enterprises LLC
Entity
Mailing address
1827 INDUSTRIAL BLVD, TARPON SPRINGS, FL 34689-6728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
—
Wicks Enterprises LLC
Lbs Imports LLC
Correction Deed
related
—
Jan 27, 2021
$2,100,000
Wicks Enterprbe LLC
Lbs Imports LLC
Warranty Deed
$1,068,000 · South State Bank National Associati
Mar 28, 2017
—
Lead By Sales
—
Deed
related
$1,000,000 · Synovus Bank
Jun 4, 2013
$647,500
Lbs Imports LLC
Hillsborough Properties LLC
Grant Deed
$300,000 · Usameribank
Oct 10, 2011
$1,054,400
Hillsborough Properties LLC
Star Sun Management INC
Warranty Deed
—
Sep 9, 2008
—
Star Sun Management INC
—
Trustees Deed
related
$195,000 · Usameribank
Jun 13, 2008
$1,600,000
Star Sun Management INC
Tramac INC
Warranty Deed
$1,100,000 · Usameribank
Jun 12, 1998
—
Tramac INC
—
Grant Deed
related
$440,000 · Pinellas Community Bank
Nov 5, 1997
$85,000
Tramac I Nc
Paul J Wikle Trustee
Grant Deed
$63,750 · Pinellas Community Bank
—
—
Lbs Imports LLC
—
Deed Of Trust
related
$650,000 · Usameribank
—
—
Tramac INC
—
Deed Of Trust
related
$200,000 · Amsouth Bank
—
—
Tramac INC
—
Deed Of Trust
related
$300,000 · Amsouth Bank
—
—
Star Sun Management INC
—
Deed Of Trust
related
$149,997 · Usameribank
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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