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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Grocery and convenience stores
3602 Grand Blvd, New Port Richey, FL 34652-6407
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1270523
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1974
Total area
3,760 SF
Lot
0.45 ac (19,750 SF)
Zoning code
00C2
APN
20-26-16-0000-02500-0030
UPID
US18-1270523
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
-
Restock Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
P D M Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$700k
Owner & transaction history
Topself Holding LLC · 2 yrs held
Topself Holding LLC
since 2023
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
00C2 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$775,000
+187.1%
Auto repair, garage
$615,000
+126.9%
Office building
$525,000
+93.3%
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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
$730,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$695,000
6.5%
$645,000
7%
$595,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$775,000
Change: +187% · Conversion: Easy
AUTO REPAIR, GARAGE
$615,000
Change: +127% · Conversion: Difficult
OFFICE BUILDING
$525,000
Change: +93% · Conversion: Moderate
RETAIL STORES
$475,000
Change: +75% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Sep 13 2023)
Last sale anchor
$700k
Sep 13 2023
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
$186 / 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
$3,836
Tax year 2023
Assessed value
$230,003
Assessed 2023
Previous assessed
$230,003
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$57,645
Assessed improvement
$172,358
Land market value
$57,645
Improvement market value
$172,358
Total market value
$230,003
Applied tax rate
9,100.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2160
Bathrooms
1
Total area
3,760 SF
Lot
0.45 ac (19,750 SF)
Zoning code
00C2
APN
20-26-16-0000-02500-0030
UPID
US18-1270523
Jurisdiction
PASCO
Zoning & alternative use
00C2 · New Port Richey, FL
Zoning 00C2 · permitted uses
00C2 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$615,000
OFFICE BUILDING
Est. value
$525,000
RETAIL STORES
Est. value
$475,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2160
Bathrooms
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Topself Holding LLC
Entity
Mailing address
235 RUE DES CHATEAUX, TARPON SPRINGS, FL 34688-8606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
$700,000
Topself Holding LLC
Deli And Produce INC
Warranty Deed
$1,250,000 · Centennial Bank
Apr 3, 2018
$525,000
Michaels Deli & Produce INC
Pavlov,ventzislav
Grant Deed
$500,000 · Ventzislav Pavlov
Aug 19, 2004
$325,000
Ventzislav Pavlov
Mouratoglou,alexandros & Eugenia
Warranty Deed
$265,000 · Alexandros & Eugenia Mouratoglou
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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