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Property profile & analytics
OFF-MARKET
Estimated value
$4,765,000
Warehouses
2165 Sunnydale Blvd Clearwater, FL 33765-1220
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-4037483
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Construction
CONCRETE BLOCKS
Total area
15,371 SF
Lot
2.07 ac (90,104 SF)
APN
01-29-15-16489-000-0032
UPID
US18-4037483
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
-
Deborah Anne Designs Hardware & Home Improvement
-
Polaris Associates Inc Land Surveying Office Land Surveyor
-
SEC Inspection Services Home Inspector
-
Hercules Business Center Business Service Center Corporate Office
-
Lindsey Refrigeration and A/C HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.77M
Owner & transaction history
Hrc Capital 6 LLC · 8 yrs held
Hrc Capital 6 LLC
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.9M
+155.8%
Retail stores
$3.2M
+3.8%
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
WAREHOUSE, STORAGE
$3,080,000
Current use
RESTAURANT
$7,875,000
Change: +156% · Conversion: Difficult
RETAIL STORES
$3,195,000
Change: +4% · Conversion: Moderate
OFFICE BUILDING
$2,905,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$4.77M
Range $4.29M – $5.24M · ±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
$310 / 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
$31,741
Tax year 2023
Assessed value
$1,725,000
Assessed 2023
Previous assessed
$1,580,000
+9.2% YoY
Effective rate
1.84%
On assessed value
Land market value
$528,141
Improvement market value
$1,196,859
Total market value
$1,725,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
11
Total area
15,371 SF
Lot
2.07 ac (90,104 SF)
APN
01-29-15-16489-000-0032
UPID
US18-4037483
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
WAREHOUSE, STORAGE Current
Est. value
$3.1M
RESTAURANT
Est. value
$7.9M
RETAIL STORES
Est. value
$3.2M
OFFICE BUILDING
Est. value
$2.9M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
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
1979
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
11
Lot
2.07 ac
Current owner
From public records · entity-resolved
Hrc Capital 6 LLC
Entity
Mailing address
2165 SUNNYDALE BLVD STE P, CLEARWATER, FL 33765-1273
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Jun 29, 2018
$1,620,000
Hrc Capital 6 LLC
Hercules Business Center LLC
Grant Deed
—
Jun 29, 2016
—
Hercules Business Center LLC
—
Deed
related
$999,000 · Hancock Bank
Dec 26, 2013
—
Hercules Business Center LLC
Nisk Ronald P
Quit Claim Deed
related
—
Jul 2, 2007
$1,800,000
Hercules Business Center LLC
Minieri Seminole INC
Warranty Deed
$1,440,000 · First State Bank
Dec 28, 1999
$900,000
Ronald P Nisk Trustee
Nisk Trust
Grant Deed
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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