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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
3450 62nd N Ave Pinellas Park, FL 33781-6201
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5037795
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
WOOD
Total area
1,600 SF
Lot
3.37 ac (146,627 SF)
APN
34-30-16-00000-410-0500
UPID
US18-5037795
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
-
U-STOR Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$575k
Owner & transaction history
Colby B Sandlian · 3 yrs held
Colby B Sandlian
since 2022
Last sale
$429,300
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$525,000
+16.1%
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 Pinellas Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinellas Park 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
$565,000
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
$455,000
Current use
AUTO REPAIR, GARAGE
$525,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$450,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $429k (Nov 18 2022)
Last sale anchor
$429k
Nov 18 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
$359 / 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
$60,458
Tax year 2023
Assessed value
$2,670,000
Assessed 2023
Previous assessed
$2,495,000
+7.0% YoY
Effective rate
2.26%
On assessed value
Land market value
$1,110,287
Improvement market value
$1,559,713
Total market value
$2,670,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
11
Stories
1
Bathrooms
2
Total area
1,600 SF
Lot
3.37 ac (146,627 SF)
APN
34-30-16-00000-410-0500
UPID
US18-5037795
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
$455,000
AUTO REPAIR, GARAGE
Est. value
$525,000
OFFICE BUILDING
Est. value
$450,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Bathrooms
2
Lot
3.37 ac
Current owner
From public records · entity-resolved
Colby B Sandlian
Individual
Free & Clear · 3 yrs held
Mailing address
435 N BROADWAY AVE STE #201, WICHITA, KS 67202-2313
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$429,300
Colby B Sandlian
Pamela Kay Riedel
Special Warranty Deed
—
Oct 20, 2021
$511,831
Colby B Sandlian
James D Davis
Quit Claim Deed
related
—
Oct 15, 2019
$100
Beck,sharyn L Trust
Beck Sharyn L Trust
Grant Deed
related
—
Oct 14, 2019
$100
Beck,sharyn L Trust
Beck Sharyn L Trust
Quit Claim Deed
related
—
Feb 21, 2018
—
Beck,sharyn L Trust
Beck,sharyn L
Quit Claim Deed
related
—
Jun 25, 2008
$320,400
Colby B Sandlian
Bader Velma Living Trust
Grant Deed
—
Jun 11, 2003
$75,000
Sharyn Beck
Colby,b Sandlian Tr
Grant Deed
—
Jul 29, 2002
$157,000
Colby B Sandlian Trustee
Beck,stephen
Grant Deed
—
May 31, 2002
—
Sandlian Trust
Executive Manor Associates
Grant Deed
$1,165,000 · Union Planters National Bank
—
—
Colby B Sandlian
—
Deed Of Trust
related
$1,165,000 · Regions 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.
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