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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
3302 Alt 19 Palm Harbor, FL 34683-1937
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-2226321
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD FRAME
Total area
3,496 SF
Lot
0.43 ac (18,822 SF)
APN
35-27-15-74034-000-0140
UPID
US18-2226321
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$695k
Owner & transaction history
E Lippy P A Robert · 8 yrs held
E Lippy P A Robert
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$970,000
+31.3%
Retail stores
$770,000
+4.4%
Warehouse, storage
$770,000
+4.0%
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 Palm Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Harbor 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
$740,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$970,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +4% · Conversion: Moderate
WAREHOUSE, STORAGE
$770,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$199 / 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
$10,421
Tax year 2023
Assessed value
$550,000
Assessed 2023
Previous assessed
$515,000
+6.8% YoY
Effective rate
1.89%
On assessed value
Land market value
$266,789
Improvement market value
$283,211
Total market value
$550,000
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
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
3,496 SF
Lot
0.43 ac (18,822 SF)
APN
35-27-15-74034-000-0140
UPID
US18-2226321
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
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$970,000
RETAIL STORES
Est. value
$770,000
WAREHOUSE, STORAGE
Est. value
$770,000
OFFICE BUILDING Current
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
1981
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
E Lippy P A Robert
Individual
Mailing address
946 BEE BR CT, PALM HARBOR, FL 34683-4616
Ownership since
2017
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 4, 2017
$597,500
E Lippy P A Robert
3302 Alt 19 LLC
Warranty Deed
$492,000 · Regions Bank
May 24, 2013
$400,000
3302 Alt 19 LLC
Pjw Properties LLC
Grant Deed
$340,000 · Pjw Properties LLC
Jun 13, 2011
$250,000
Pjw Properties LLC
Patriot Bk
Warranty Deed
—
Dec 23, 2009
—
Patriot Bk
C & C Properties LLC Coc
Trustees Deed
related
—
Nov 15, 2005
$625,000
C & C Properties LLC
Paul J Wikle
Warranty Deed
$500,000 · Patriot Bank
Jul 25, 1997
$172,000
Paul J Wikle
Vw Investments
Quit Claim Deed
related
—
—
—
Paul J Wikle
—
Deed Of Trust
related
$240,000 · Madison 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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