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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Distribution centers
5201 Gulf Dr New Port Richey, FL 34652-3463
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5095900
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
10,200 SF
Lot
1.57 ac (68,353 SF)
Zoning code
00C2
APN
08-26-16-0010-03200-0070
UPID
US18-5095900
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.45M
Owner & transaction history
Intra Holdings LLC · 4 yrs held
Intra Holdings LLC
since 2022
4 recorded transactions
Zoning & alternative use
00C2 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.2M
+53.0%
Medical building
$2.0M
+40.2%
Commercial (general)
$1.8M
+29.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,655,000
6.5%
$1,530,000
7%
$1,420,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,415,000
Current use
RETAIL STORES
$2,160,000
Change: +53% · Conversion: Moderate
MEDICAL BUILDING
$1,980,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,835,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$1,480,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$142 / 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
$10,260
Tax year 2023
Assessed value
$550,123
Assessed 2023
Previous assessed
$550,123
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$136,909
Assessed improvement
$413,214
Land market value
$136,909
Improvement market value
$413,214
Total market value
$550,123
Applied tax rate
6,200.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1350
Bathrooms
3
Total area
10,200 SF
Lot
1.57 ac (68,353 SF)
Zoning code
00C2
APN
08-26-16-0010-03200-0070
UPID
US18-5095900
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
WAREHOUSE, STORAGE Current
Est. value
$1.4M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1350
Bathrooms
3
Lot
1.57 ac
Current owner
From public records · entity-resolved
Intra Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 39, TARPON SPRINGS, FL 34688-0039
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
May 12, 2022
$1,100,000
Intra Holdings LLC
Brittex Real Estate Corporation
Warranty Deed
—
Dec 28, 2012
$340,000
Brittex Real Estate Corp
Reed,michael & Margaret M
Warranty Deed
$265,000 · Michael & Margaret M Reed
Dec 13, 2012
$750,000
Britex Real Estate Corporation
Michael Reed
Warranty Deed
$546,000 · Patriot Bank
May 21, 2003
$950,000
Michael R Reed
Southern Electric Supply Co
Grant Deed
$600,000 · Amsouth Bank
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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