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Property profile & analytics
OFF-MARKET
Estimated value
$6,655,000
Office buildings
35095 Us Hwy 19th N Palm Harbor, FL 34684-2686
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-9475562
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2001
Construction
STEEL FRAME
Total area
24,932 SF
Lot
2.62 ac (113,983 SF)
APN
31-27-16-00000-420-0500
UPID
US18-9475562
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
-
Gibraltor Crossing Medical Clinic
-
Highland Lakes Medical Center Medical Clinic
-
Robert A Reyes Realtor - Keller Williams Realty Real Estate Agency
-
StartupBros Advertising Agency Marketing & Advertising
-
Christopher Gleis MD at Advocate Health Partners Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.66M
Blend (final)
Blend
$6.66M
Owner & transaction history
Gibraltar Crossings LLC · 10 yrs held
Gibraltar Crossings LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.3M
+26.8%
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
$8,145,000
Current use
AUTO REPAIR, GARAGE
$10,325,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,920,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.66M
Range $5.99M – $7.32M · ±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
$267 / 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
$61,021
Tax year 2023
Assessed value
$3,275,000
Assessed 2023
Previous assessed
$3,175,000
+3.1% YoY
Effective rate
1.86%
On assessed value
Land market value
$344,489
Improvement market value
$2,930,511
Total market value
$3,275,000
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 (MULTI-STORY)
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
3
Bathrooms
8
Total area
24,932 SF
Lot
2.62 ac (113,983 SF)
APN
31-27-16-00000-420-0500
UPID
US18-9475562
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
$8.1M
AUTO REPAIR, GARAGE
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
2001
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
3
Bathrooms
8
Lot
2.62 ac
Current owner
From public records · entity-resolved
Gibraltar Crossings LLC
Entity
Mailing address
18167 US HWY 19TH N STE #450, CLEARWATER, FL 33764-6574
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2016
$3,000,000
Gibraltar Crossings LLC
Sun Palm Harbor LLC
Grant Deed
$2,950,000 · Other Institutional Lenders
Feb 4, 2008
$199,600
Xiaoyu Zhang
Sun Palm Harbor LLC
Grant Deed
—
Feb 4, 2008
$99,600
Sun Ph 60 LLC
Zhang,xiaoyu
Grant Deed
—
Nov 27, 2007
$235,000
Sun Ph 12 LLC
Shafkind,nathan
Grant Deed
—
Nov 27, 2007
$199,500
Patricia D Barreto
Sun Palm Harbor LLC
Grant Deed
—
Nov 27, 2007
$4,520,600
Brenner Joyce D Living Trust
Sun Palm Harbor LLC
Warranty Deed
—
Nov 27, 2007
$290,900
Federico F Perez
Sun Palm Harbor LLC
Grant Deed
—
Nov 27, 2007
$96,800
Sun Ph 55 LLC
Barreto,israel J & Patricia D
Grant Deed
—
Nov 27, 2007
$209,000
Sun Ph 66 LLC
Peppertree Lane LLC
Grant Deed
—
Nov 27, 2007
$94,200
Sun Ph 48 LLC
Lersch,sally J
Grant Deed
—
Nov 27, 2007
$114,600
Sun Ph 40 LLC
Sorensen,nanette R
Grant Deed
—
Nov 27, 2007
$119,800
Sun Ph 36 LLC
Marshall,belma A
Grant Deed
—
Nov 27, 2007
$140,900
Sun Ph 14 LLC
Perez,federico F & Diane G
Grant Deed
—
Nov 27, 2007
$282,400
Sun Ph 52 LLC
Farmer,mary P
Grant Deed
—
Nov 27, 2007
$101,500
Sun Ph 35 LLC
Normandin,annmarie
Grant Deed
—
Nov 27, 2007
$113,100
Sun Ph 19 LLC
Bowers,terence & Joyce
Grant Deed
—
Nov 27, 2007
$117,500
Sun Ph 23 LLC
Jdl Trust
Grant Deed
—
Nov 27, 2007
$194,200
Ase Ventures LLC
Sun Palm Harbor LLC
Grant Deed
—
Nov 27, 2007
$430,700
Peppertree Lane LLC
Sun Palm Harbor LLC
Grant Deed
—
Aug 3, 2007
$4,400,000
Sun Palm Harbor LLC
Gibraltar Holdings INC
Warranty Deed
$2,860,000 · Flagstar Bank Fsb
Apr 29, 1997
$275,000
Gibraltar Holdings INC
Fletcher,charles D
Trustees Deed
related
—
Apr 29, 1997
—
Gibraltar Holdings INC
Fletcher,charles D
Trustees Deed
related
$165,000 · City First Bank
—
—
Gibraltar Holdings INC
—
Deed Of Trust
related
$2,000,000 · Suntrust 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.
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