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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Manufacturing properties
379 Douglas E Rd Oldsmar, FL 34677-2976
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2269441
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,500 SF
Lot
1 ac (43,560 SF)
APN
24-28-16-00000-120-0400
UPID
US18-2269441
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
-
Pinnacle Aquatics Production Facility Textile Manufacturer
-
Lavacore International Production Facility Textile Manufacturer
-
Bay Area Project Solutions, LLC Notary Public Engineering Consultant
-
Solar PV Labels Production Facility
-
BAPS Signs & Wraps (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.53M
Owner & transaction history
Hrc Capital LLC · 16 yrs held
Hrc Capital LLC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+32.6%
Warehouse, storage
$2.3M
+29.5%
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
INDUSTRIAL (GENERAL)
$1,750,000
Current use
RETAIL STORES
$2,315,000
Change: +33% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,265,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$145 / 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
$17,709
Tax year 2023
Assessed value
$1,025,000
Assessed 2023
Previous assessed
$950,000
+7.9% YoY
Effective rate
1.73%
On assessed value
Land market value
$366,977
Improvement market value
$658,023
Total market value
$1,025,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
10,500 SF
Lot
1 ac (43,560 SF)
APN
24-28-16-00000-120-0400
UPID
US18-2269441
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
RETAIL STORES
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
1 ac
Current owner
From public records · entity-resolved
Hrc Capital LLC
Entity
Mailing address
2165 SUNNYDALE BLVD STE P, CLEARWATER, FL 33765-1273
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2018
—
Hrc Capital LLC
—
Deed
related
$200,000 · Republic Bk&tr/in
Jan 10, 2017
—
Hrc Capital LLC
—
Deed
related
$875,000 · Republic Bank & Trust Co
Apr 6, 2010
—
Hrc Capital LLC
Howell,christopher R
Trustees Deed
$1,300,000 · Usameribank
Apr 1, 2010
—
Hrc Capital LLC
Owner Name Unavailable
Grant Deed
related
$1,300,000 · Usameribank
May 28, 2004
$790,000
Condy Enterprises Of Clearwate
Spaulding,robert G
Grant Deed
—
—
—
Robert G Spaulding
—
Deed Of Trust
related
$230,000 · Southtrust Bank NA
—
—
Robert G Spaulding
—
Deed Of Trust
related
$100,000 · Southtrust Bank NA
—
—
Hrc Capital LLC
—
Deed Of Trust
related
$200,000 · Republic Bk&tr
—
—
Hrc Capital LLC
—
Loan Modification
related
$200,000 · Republic Bk&tr/in
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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