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Property profile & analytics
OFF-MARKET
Estimated value
$3,140,000
Office buildings
3028 Starkey Blvd, New Port Richey, FL 34655-2175
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5081875
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
23,953 SF
Lot
1.87 ac (81,258 SF)
Zoning code
MPUD
APN
19-26-17-0000-00100-0080
UPID
US18-5081875
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
-
Peck Jenkins Kershner CPAs PA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.91M
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$3.66M
Blend (final)
Blend
$3.14M
Owner & transaction history
Suites At 3030 LLC · 4 yrs held
Suites At 3030 LLC
since 2022
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
MPUD · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.1M
+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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
$3,705,000
ML approach
$3,905,000
CAP Approach
CAP Return
Estimation
6%
$2,875,000
6.5%
$2,655,000
7%
$2,465,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,570,000
Current use
COMMERCIAL (GENERAL)
$4,120,000
Change: +15% · Conversion: Easy
WAREHOUSE, STORAGE
$3,315,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.83M – $3.45M · ±10% · vs last sale $2.90M (Jan 19 2022)
Last sale anchor
$2.90M
Jan 19 2022
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
$131 / 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
$37,689
Tax year 2023
Assessed value
$2,103,170
Assessed 2023
Previous assessed
$1,711,852
+22.9% YoY
Effective rate
1.79%
On assessed value
Assessed land
$249,987
Assessed improvement
$1,853,183
Land market value
$249,987
Improvement market value
$1,853,183
Total market value
$2,103,170
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
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Units
651
Bathrooms
12
Total area
23,953 SF
Lot
1.87 ac (81,258 SF)
Zoning code
MPUD
APN
19-26-17-0000-00100-0080
UPID
US18-5081875
Jurisdiction
PASCO
Zoning & alternative use
MPUD · New Port Richey, FL
Zoning MPUD · permitted uses
MPUD · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$3.3M
OFFICE BUILDING Current
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
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
651
Bathrooms
12
Lot
1.87 ac
Current owner
From public records · entity-resolved
Suites At 3030 LLC
Entity
Mailing address
PO BOX 2108, ELFERS, FL 34680-2108
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$2,900,000
Suites At 3030 LLC
Longleaf Property LLC
Warranty Deed
$1,885,000 · South State Bank National Associati
Nov 1, 2004
$8,700
Longleaf Town Center INC
Starkey,jay B JR
Warranty Deed
—
—
—
Longleaf Property LLC
—
Deed Of Trust
related
$250,000 · Branch Bk&tr
—
—
Longleaf Property LLC
—
Deed Of Trust
related
$100,000 · Branch Bk&tr
—
—
Longleaf Property LLC
—
Deed Of Trust
related
$2,036,250 · Midflorida FCU
—
—
Longleaf Property LLC
—
Deed Of Trust
related
$1,800,973 · Branch Banking & Trust Co
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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