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Property profile & analytics
OFF-MARKET
Estimated value
$12,515,000
Strip malls
3689 Tampa Rd Oldsmar, FL 34677-6307
Entity Owned
10-yr Hold
Property ID
US18-5344469
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
CONCRETE BLOCKS
Total area
28,170 SF
Lot
8.16 ac (355,615 SF)
APN
15-28-16-00000-410-0310
UPID
US18-5344469
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
-
Visanto US (Bike/Boat/Book/etc) Store Pharmacy
-
none Loan Service Bank
-
Financial Backup Plan Loan Service Bank
-
Bank of America ATM Atm
-
Salt Rock Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.52M
Blend (final)
Blend
$12.52M
Owner & transaction history
3687 Tampa Road Crossings LLC · 10 yrs held
3687 Tampa Road Crossings LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.6M
+124.5%
Restaurant
$16.0M
+104.1%
Auto repair, garage
$11.7M
+49.2%
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
NEIGHBORHOOD: SHOPPING CENTER
$7,820,000
Current use
COMMERCIAL (GENERAL)
$17,560,000
Change: +125% · Conversion: Easy
RESTAURANT
$15,960,000
Change: +104% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,665,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$12.52M
Range $11.26M – $13.77M · ±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
$444 / 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
$216,707
Tax year 2023
Assessed value
$12,425,000
Assessed 2023
Previous assessed
$12,110,000
+2.6% YoY
Effective rate
1.74%
On assessed value
Land market value
$2,783,408
Improvement market value
$9,641,592
Total market value
$12,425,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Bathrooms
26
Total area
28,170 SF
Lot
8.16 ac (355,615 SF)
APN
15-28-16-00000-410-0310
UPID
US18-5344469
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$17.6M
RESTAURANT
Est. value
$16.0M
AUTO REPAIR, GARAGE
Est. value
$11.7M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
26
Lot
8.16 ac
Current owner
From public records · entity-resolved
3687 Tampa Road Crossings LLC
Entity
Mailing address
18167 US HWY 19TH N STE #450, CLEARWATER, FL 33764-6574
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2019
—
3687 Tampa Road Crossings LLC
—
Deed
related
$8,075,000 · Miscellaneous Ins Co
Oct 23, 2015
—
3687 Tampa Road Crossings LLC
Bay Arbor Place LLC
Quit Claim Deed
related
$8,075,000 · Bank Of America
Oct 23, 2015
$10,900,000
3687 Tampa Road Crossings LLC
Bay Arbor Place LLC
Grant Deed
—
Dec 10, 2013
$637,500
Bay Arbor Place LLC
Myck,stephen
Grant Deed
—
Oct 16, 2012
—
Genevieve Myck
Myck,genevieve
Quit Claim Deed
related
—
Sep 21, 2012
$750,000
Genevieve Myck
Bay Arbor Place LLC
Grant Deed
—
Dec 9, 2011
—
Bay Arbor Place LLC
—
Trustees Deed
related
$600,000 · Usameribank
Nov 17, 2006
—
Bay Arbor Place LLC
Owner,record
Grant Deed
related
—
Sep 26, 2005
$4,000,000
Bay Arbor Place LLC
Tibbetts,daniel E
Grant Deed
$2,600,000 · Synovus Bank
Feb 4, 1997
—
Linton N Tibbetts
Tibbetts,linton N
Quit Claim Deed
related
—
—
—
Bay Arbor Place LLC
—
Deed Of Trust
related
$6,000,000 · Usameribank
—
—
Bay Arbor Place LLC
—
Deed Of Trust
related
$650,000 · Usameribank
—
—
3687 Tampa Road Crossings LLC
—
Loan Modification
related
$8,075,000 · Miscellaneous Ins Co
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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