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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Office buildings
2049 Welbilt Blvd Trinity, FL 34655-4700
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9339459
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2005
Total area
5,128 SF
Lot
0.49 ac (21,178 SF)
Zoning code
MPUD
APN
26-26-16-0000-00100-0038
UPID
US18-9339459
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$765k
Owner & transaction history
Welbilt Real Estate LLC · 5 yrs held
Welbilt Real Estate LLC
since 2021
Last sale
$795,000
7 recorded transactions
Zoning & alternative use
MPUD · Trinity, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+56.7%
Commercial (general)
$880,000
+15.5%
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 Trinity submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trinity 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
$675,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$765,000
Current use
MEDICAL BUILDING
$1,195,000
Change: +57% · Conversion: Easy
COMMERCIAL (GENERAL)
$880,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$710,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $795k (Apr 21 2021)
Last sale anchor
$795k
Apr 21 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
$149 / 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
$10,336
Tax year 2023
Assessed value
$599,947
Assessed 2023
Previous assessed
$532,526
+12.7% YoY
Effective rate
1.72%
On assessed value
Assessed land
$129,458
Assessed improvement
$470,489
Land market value
$129,458
Improvement market value
$470,489
Total market value
$599,947
Applied tax rate
9,100.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1040
Bathrooms
3
Total area
5,128 SF
Lot
0.49 ac (21,178 SF)
Zoning code
MPUD
APN
26-26-16-0000-00100-0038
UPID
US18-9339459
Jurisdiction
PASCO
Zoning & alternative use
MPUD · Trinity, FLZoning MPUD · permitted uses
MPUD · Trinity, FL
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
$765,000
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$880,000
WAREHOUSE, STORAGE
Est. value
$710,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1040
Bathrooms
3
Lot
0.49 ac
Current owner
From public records · entity-resolved
Welbilt Real Estate LLC
Entity
Mailing address
2049 WELBILT BLVD, TRINITY, FL 34655-4700
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2021
$795,000
Welbilt Real Estate LLC
2049 Welbilt Boulevard LLC
Warranty Deed
$636,000 · Pinnacle Bank
Dec 14, 2018
—
2049 Welbilt Boulevard LLC
—
Deed
related
$500,000 · Branch Bk&tr
Sep 27, 2016
$175,000
2049 Welbilt Boulevard LLC
Kemp,brandon J & Stacy A
Quit Claim Deed
related
—
Jan 23, 2013
$571,000
Brandon J Kemp
Servco INC
Warranty Deed
$456,800 · Suntrust Bank
May 15, 2008
$955,000
Servco INC
Costanza Building Co INC
Warranty Deed
$960,000 · Bank Of America
May 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
2049 Welbilt Boulevard LLC
—
Deed Of Trust
related
$500,000 · Branch Bk&tr
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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