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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Warehouses
6235 118th Ave Largo, FL 33773-3727
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5405244
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
STEEL FRAME
Total area
20,000 SF
Lot
1.49 ac (65,083 SF)
APN
08-30-16-70974-300-1407
UPID
US18-5405244
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
-
Reliable Performance Motors Inc Car Dealership
-
SnowBird Storage Storage Facility
-
Midnite Tuning European Auto Repair Auto Repair Shop
-
First watch mobile painting/ paint and body Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.59M
Comparable Approach
Comparable
$4.10M
Blend (final)
Blend
$3.06M
Owner & transaction history
Nashcash LLC · 3 yrs held
Nashcash LLC
since 2022
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.0M
+2.3%
Commercial (general)
$4.9M
+0.7%
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 Largo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Largo 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
$3,730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,805,000
6.5%
$2,590,000
7%
$2,405,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,860,000
Current use
INDUSTRIAL (GENERAL)
$4,970,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,890,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$4,535,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $1.90M (Nov 3 2022)
Last sale anchor
$1.90M
Nov 3 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
$153 / 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
$30,797
Tax year 2023
Assessed value
$1,540,000
Assessed 2023
Previous assessed
$1,415,000
+8.8% YoY
Effective rate
2.00%
On assessed value
Land market value
$291,447
Improvement market value
$1,248,553
Total market value
$1,540,000
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
1994
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
3
Total area
20,000 SF
Lot
1.49 ac (65,083 SF)
APN
08-30-16-70974-300-1407
UPID
US18-5405244
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
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$5.0M
COMMERCIAL (GENERAL)
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1994
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
1.49 ac
Current owner
From public records · entity-resolved
Nashcash LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11747 87TH ST, LARGO, FL 33773-4926
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
$1,900,000
Nashcash LLC
Evo Consulting LLC
Special Warranty Deed
—
Mar 5, 2018
$1,314,600
Evo Consulting LLC
Ample Archives INC
Warranty Deed
$1,064,525 · Ample Archives INC
Sep 26, 2013
—
State Of Fl Dept & Transportation
Orr,john
Quit Claim Deed
related
—
—
—
Ample Archives INC
—
Deed Of Trust
related
$125,000 · Theodore Trust
—
—
Ample Archives INC
—
Deed Of Trust
related
$203,600 · Theodore Trust
—
—
Jason Labossiere
—
Deed Of Trust
related
$1,314,600 · Robert Sandall
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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