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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Strip malls
5400 Park N Blvd Pinellas Park, FL 33781-3324
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-9096964
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1962
Construction
CONCRETE BLOCKS
Total area
6,650 SF
Lot
0.4 ac (17,498 SF)
APN
28-30-16-71064-046-0010
UPID
US18-9096964
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
$1.14M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.13M
Owner & transaction history
Trg Park LLC · 3 yrs held
Trg Park LLC
since 2023
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+0.8%
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 Pinellas Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinellas Park 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
$945,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,845,000
Current use
OFFICE BUILDING
$1,860,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $950k (Jul 11 2023)
Last sale anchor
$950k
Jul 11 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
$170 / 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
$19,569
Tax year 2023
Assessed value
$910,000
Assessed 2023
Previous assessed
$817,000
+11.4% YoY
Effective rate
2.15%
On assessed value
Land market value
$481,773
Improvement market value
$428,227
Total market value
$910,000
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
1962
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
5
Total area
6,650 SF
Lot
0.4 ac (17,498 SF)
APN
28-30-16-71064-046-0010
UPID
US18-9096964
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
$1.8M
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1962
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.4 ac
Current owner
From public records · entity-resolved
Trg Park LLC
Entity
Mailing address
210 N BUMBY AVEB, ORLANDO, FL 32803-6024
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
—
Trg Park LLC
168 Capital Group LLC
Intrafamily Transfer
related
—
May 9, 2023
—
168 Capital Group LLC
Trg Park LLC
Quit Claim Deed
related
—
Aug 8, 2022
—
Trg Park LLC
—
Deed
related
$1,050,000 · Orlando FCU
May 25, 2021
$950,000
Trg Park LLC
Norma T Apple
Deed
$712,500 · Midflorida Cu
Sep 21, 2017
—
Apple,norma T Trust
Apple,norma
Quit Claim Deed
related
—
Dec 30, 2011
$450,000
Apple G J
Roberts,barbara A
Warranty Deed
—
Sep 1, 2010
—
Barbara A Roberts
Roberts,davis W
Quit Claim Deed
related
—
Nov 25, 1997
$87,000
Mary C Bell
Pollard,thomas H
Grant Deed
$19,407 · First Union National Bank
—
—
Alex A Schmall
—
Deed Of Trust
related
$40,000 · Amsouth Bank
—
—
William F Smith
—
Deed Of Trust
related
$66,500 · United Capital Mortgage Corp
—
—
Dorothy Scrafford
—
Deed Of Trust
related
$60,000 · Aabco Mortgage Loan & Inv
—
—
Edward Kowal
—
Deed Of Trust
related
$50,000 · First Union National Bank
—
—
Opal L Roberts
—
Deed Of Trust
related
$250,000 · Central Bank Tampa
—
—
Katherine L Weber
—
Deed Of Trust
related
$75,000 · Macdill FCU
—
—
Opal L Roberts
—
Deed Of Trust
related
$205,000 · Richard A & Margaret A Beach
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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