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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Warehouses
331 Scarlet Blvd Oldsmar, FL 34677-3019
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-5735384
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
FRAME
Total area
5,850 SF
Lot
0.41 ac (17,873 SF)
APN
23-28-16-56990-000-0040
UPID
US18-5735384
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
-
Automation Logistics Corporation Engineering Consultant Construction Company
-
H&S International Holdings, Inc. Consultant
-
TraceTronic Inc Corporate Office
-
Luxuryeurolighting.com Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.27M
Owner & transaction history
Automation Logistics Corp · 15 yrs held
Automation Logistics Corp
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+28.8%
Apartment house (5+ units)
$1.5M
+17.2%
Retail stores
$1.3M
+2.4%
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 Oldsmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oldsmar 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
$1,260,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,625,000
Change: +29% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,475,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$1,290,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$1,150,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±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
$217 / 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
$9,529
Tax year 2023
Assessed value
$550,000
Assessed 2023
Previous assessed
$500,000
+10.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$179,112
Improvement market value
$370,888
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
5,850 SF
Lot
0.41 ac (17,873 SF)
APN
23-28-16-56990-000-0040
UPID
US18-5735384
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
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2002
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
Automation Logistics Corp
Entity
Mailing address
331 SCARLET BLVD, OLDSMAR, FL 34677-3019
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2011
$438,750
Automation Logistics Corp
Mmak INC
Warranty Deed
—
Jun 11, 2007
—
Thomas Robert A Trust
Thomas,robert A & Magdalene
Quit Claim Deed
related
—
Oct 20, 2004
—
Mmak INC
—
Trustees Deed
related
$50,000 · Dale Johnson
Mar 12, 2002
$110,000
Mmak INC
Thomas,robert A & Magdalene
Grant Deed
$300,000 · Mercantile Bank
—
—
Automation Logistics Corp
—
Deed Of Trust
related
$15,791 · Eleba Elektro-und Haustechnik
—
—
Mmak INC
—
Deed Of Trust
related
$50,000 · Dale Johnson
—
—
Mmak INC
—
Deed Of Trust
related
$505,000 · Ge Capital Small Business Finl
—
—
Mmak INC
—
Deed Of Trust
related
$475,000 · Wachovia Bank NA
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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