Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$171,060,000
Day care centers
3400 Gulf To Bay Blvd Clearwater, FL 33759-4514
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-3171230
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2019
Construction
CONCRETE
Total area
311,000 SF
Lot
27.33 ac (1,190,695 SF)
APN
16-29-16-00000-110-0100
UPID
US18-3171230
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Nova Southeastern University - Tampa Bay Regional Campus University
-
Nova Southeastern University Dr. Kiran C. Patel College of Osteopathic Medicine - Tampa Bay Regional Campus Medical School
-
NSU Clearwater Campus High School
-
Gymnasium University
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$171.06M
Blend (final)
Blend
$171.06M
Owner & transaction history
Drs Kiran & Pallavi Patel Fam · 7 yrs held
Drs Kiran & Pallavi Patel Fam
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$182.7M
+76.6%
Restaurant
$159.4M
+54.1%
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$103,430,000
Current use
AUTO REPAIR, GARAGE
$182,685,000
Change: +77% · Conversion: Difficult
RESTAURANT
$159,385,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$171.06M
Range $153.95M – $188.17M · ±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
$550 / 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
Assessed value
$71,116,897
Assessed 2023
Previous assessed
$64,986,617
+9.4% YoY
Land market value
$7,051,974
Improvement market value
$64,064,923
Total market value
$71,116,897
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
3
Bathrooms
29
Total area
311,000 SF
Lot
27.33 ac (1,190,695 SF)
APN
16-29-16-00000-110-0100
UPID
US18-3171230
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$103.4M
AUTO REPAIR, GARAGE
Est. value
$182.7M
RESTAURANT
Est. value
$159.4M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
AUTO REPAIR, GARAGE
RESTAURANT
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
2019
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Bathrooms
29
Lot
27.33 ac
Current owner
From public records · entity-resolved
Drs Kiran & Pallavi Patel Fam
Individual
Free & Clear · 7 yrs held
Mailing address
5600 MARINER ST STE #200, TAMPA, FL 33609-3417
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
Nov 5, 2018
$137,000
Drs Kiran & Pallavi Patel Fam
City Of Clearwater
Grant Deed
—
Oct 3, 2018
—
Drs Kiran & Pallavi Patel 2017
Drs Kiran & Pallavi Patel Fam
Quit Claim Deed
—
Dec 19, 2016
—
Drs Kiran & Pallavi Patel Fami
Clearwater Christian Clg Priva
Quit Claim Deed
related
—
Dec 19, 2016
$10,209,103
Drs Kiran & Pallavi Patel Fami
Clearwater Christian Clg Priva
Warranty Deed
—
Jul 12, 2016
—
Clearwater Christian Clg Priva
Clearwater Christian Clg Priva
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3400 Gulf To Bay Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
