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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Manufacturing properties
200 Frst Lk S Blvd Oldsmar, FL 34677-3344
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4347587
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1977
Construction
CONCRETE BLOCKS
Total area
2,592 SF
Lot
4.36 ac (189,800 SF)
APN
22-28-16-00000-140-0100
UPID
US18-4347587
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
-
Stag Digital Marketing Marketing & Advertising
-
Cypress Gulf Construction Company
-
Cypress Gulf Development Corporation Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$519k
Blend (final)
Blend
$520k
Owner & transaction history
Cypress Gulf Land I LLC · 10 yrs held
Cypress Gulf Land I LLC
since 2015
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$720,000
+66.8%
Retail stores
$570,000
+32.6%
Warehouse, storage
$560,000
+29.5%
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 Oldsmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oldsmar 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
INDUSTRIAL (GENERAL)
$430,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +33% · Conversion: Moderate
WAREHOUSE, STORAGE
$560,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$510,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$201 / 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
$19,678
Tax year 2023
Assessed value
$1,128,233
Assessed 2023
Previous assessed
$1,059,705
+6.5% YoY
Effective rate
1.74%
On assessed value
Land market value
$648,550
Improvement market value
$479,683
Total market value
$1,128,233
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
1977
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
3
Total area
2,592 SF
Lot
4.36 ac (189,800 SF)
APN
22-28-16-00000-140-0100
UPID
US18-4347587
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
$430,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
RETAIL STORES
Est. value
$570,000
WAREHOUSE, STORAGE
Est. value
$560,000
OFFICE BUILDING
Est. value
$510,000
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1977
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
3
Lot
4.36 ac
Current owner
From public records · entity-resolved
Cypress Gulf Land I LLC
Entity
Mailing address
200 FRST LK BLVD S, OLDSMAR, FL 34677-3344
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Jan 26, 2022
—
Cypress Gilf Land I LLC
—
Deed
related
$455,000 · Flagship Bank
Aug 28, 2015
$1,000,000
Cypress Gulf Land I LLC
Wadsworth Associates LLC
Warranty Deed
$563,293 · Jefferson Bk/fl
Jan 21, 1999
$650,000
Wadsworth Associates LLC
Wadsworth Golf Construction Co
Grant Deed
related
—
—
—
Cypress Gulf Land I LLC
—
Deed Of Trust
related
$563,293 · Florida First Cap Fin
—
—
Cypress Gulf Land I LLC
—
Loan Modification
related
—
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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