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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Office buildings
2133 Indian Rocks S Rd, Largo, FL 33774-1037
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4711486
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1992
Construction
CONCRETE BLOCKS
Total area
2,429 SF
Lot
0.42 ac (18,417 SF)
APN
05-30-15-32030-000-0010
UPID
US18-4711486
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
-
Largo Dental and Implant Center Dental Office
-
John Gonzalez Dental Office
-
Laurie Rodio Dental Office
-
Smile Direct Club inside Largo Dental Implan Center (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$648k
Blend (final)
Blend
$650k
Owner & transaction history
Meadow Lane LLC · 2 yrs held
Meadow Lane LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+114.7%
Commercial (general)
$595,000
+26.2%
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
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
$470,000
Current use
AUTO REPAIR, GARAGE
$1,010,000
Change: +115% · Conversion: Difficult
COMMERCIAL (GENERAL)
$595,000
Change: +26% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$450,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$440,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$268 / 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
$9,480
Tax year 2023
Assessed value
$515,000
Assessed 2023
Previous assessed
$450,000
+14.4% YoY
Effective rate
1.84%
On assessed value
Land market value
$162,838
Improvement market value
$352,162
Total market value
$515,000
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
1992
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
2,429 SF
Lot
0.42 ac (18,417 SF)
APN
05-30-15-32030-000-0010
UPID
US18-4711486
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
$470,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
RETAIL STORES
Est. value
$450,000
WAREHOUSE, STORAGE
Est. value
$440,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1992
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Meadow Lane LLC
Entity
Mailing address
62326 SPOONER RD, LA GRANDE, OR 97850-5330
Ownership since
2023
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
Dec 13, 2023
—
Meadow Lane LLC
Eat & Run LLC
Special Warranty Deed
—
Oct 11, 2021
$1,195,000
East & Run LLC
Rocky River Real Estate Holdings Ll
Special Warranty Deed
—
Aug 24, 2020
$477,500
Rocky River Real Estate Holdings Ll
John M Gonzalez
Warranty Deed
$812,000 · Servisfirst Bank
Jun 18, 2020
—
John M Gonzalez
—
Deed
related
$304,901 · Hancock Whitney Bk
—
—
John M Gonzalez
—
Loan Modification
related
$304,901 · Hancock Whitney Bk
—
—
John M Gonzalez
—
Deed Of Trust
related
$100,000 · Premier Community Bank Florida
—
—
John M Gonzalez
—
Deed Of Trust
related
$100,000 · First State 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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