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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Warehouses
375 9th S Ave, Safety Harbor, FL 34695
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3926806
Property summary
AI-generated overview
This exceptional single-tenant industrial flex space, located at 375 9th Ave S in Safety Harbor, Florida, 34695, offers 4,641 square feet of versatile space. The property features a main building and a detached oversized two-car garage, adding significant value. The garage measures 26 feet wide by 23 feet deep (598 sq ft), plus an attached 12x12 spray room (144 sq ft), totaling 742 sq ft of additional space. This brings the total usable square footage to 5,383 sq ft. The main building includes approximately 2,000 square feet with central air conditioning in the office/storage area. This property presents an excellent opportunity for businesses seeking a functional and spacious workspace in a convenient Pinellas County location. A virtual tour is available online. Monthly rent is $4,995, modified gross. The property is classified as industrial with a flex subtype.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1954
Construction
STEEL FRAME
Total area
4,641 SF
Lot
0.33 ac (14,588 SF)
APN
04-29-16-80028-011-0020
UPID
US18-3926806
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
-
Peak Tree Service Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$740k
Owner & transaction history
400 9th Avenue S LLC · 3 yrs held
400 9th Avenue S LLC
since 2022
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+9.0%
Retail stores
$1.0M
+0.3%
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 Safety Harbor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Safety 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%
$650,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,020,000
Current use
OFFICE BUILDING
$1,115,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $900k (Oct 27 2022)
Last sale anchor
$900k
Oct 27 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
$159 / 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
$4,682
Tax year 2023
Assessed value
$270,000
Assessed 2023
Previous assessed
$254,000
+6.3% YoY
Effective rate
1.73%
On assessed value
Land market value
$211,492
Improvement market value
$58,508
Total market value
$270,000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1954
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
4,641 SF
Lot
0.33 ac (14,588 SF)
APN
04-29-16-80028-011-0020
UPID
US18-3926806
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
$1.0M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE Current
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
1954
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
400 9th Avenue S LLC
Entity
Free & Clear · 3 yrs held
Mailing address
30725 US HWY 19TH N #353, PALM HARBOR, FL 34684-4400
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2022
$900,000
400 9th Avenue S LLC
Skye Lane Properties LLC
Special Warranty Deed
—
May 9, 2016
$728,400
Skye Lane Properties LLC
Burns Gerald M Trust
Grant Deed
—
May 9, 2016
$1,700
Skye Lane Properties LLC
Burns Gerald M Trust
Quit Claim Deed
related
—
Jun 17, 1997
$40,600
Gerald M Burns
Burns,marilyn C
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.
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