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Property profile & analytics
OFF-MARKET
Estimated value
$4,415,000
Manufacturing properties
6950 112th Cir, Largo, FL 33773-5209
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3739940
Property summary
AI-generated overview
This Largo, FL industrial property offers 26,276 square feet of versatile space, ideal for manufacturing, flex, warehouse, or distribution uses. The single-story building features 5,276+ square feet of office space across two levels (3,776+ sq ft on the first floor and 1,496+ sq ft on the second), boasting 17.5'-22' clear ceiling heights. The property includes 100% air conditioning, a sprinkler system, and ample power (600 amp 3-phase). Loading capabilities consist of one grade-level loading door (14'h x 12'w) and two dock-high doors. Situated on a 2.42-acre lot, the property provides 38 paved parking spaces. The building is constructed of masonry and was built in 2003. Its convenient location in the mid-Pinellas County industrial submarket, just north of Bryan Dairy Road and west of 66th Street North, offers excellent accessibility. The property is zoned M-1 by the City of Pinellas Park.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
CONCRETE BLOCKS
Total area
26,104 SF
Lot
2.42 ac (105,511 SF)
APN
18-30-16-71060-000-0090
UPID
US18-3739940
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
-
Reftec International Systems HVAC Service General Contractor
-
Belleair Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.95M
Comparable Approach
Comparable
$5.21M
Blend (final)
Blend
$4.42M
Owner & transaction history
Daper Realty INC · 4 yrs held
Daper Realty INC
since 2022
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,190,000
6.5%
$2,945,000
7%
$2,735,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,485,000
Current use
COMMERCIAL (GENERAL)
$6,385,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,345,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$5,915,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.97M – $4.86M · ±10% · vs last sale $3.96M (Jan 3 2022)
Last sale anchor
$3.96M
Jan 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
$169 / 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
$55,365
Tax year 2023
Assessed value
$2,850,000
Assessed 2023
Previous assessed
$2,760,000
+3.3% YoY
Effective rate
1.94%
On assessed value
Land market value
$421,708
Improvement market value
$2,428,292
Total market value
$2,850,000
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
2003
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
5
Total area
26,104 SF
Lot
2.42 ac (105,511 SF)
APN
18-30-16-71060-000-0090
UPID
US18-3739940
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
$6.5M
COMMERCIAL (GENERAL)
Est. value
$6.4M
WAREHOUSE, STORAGE
Est. value
$6.3M
OFFICE BUILDING
Est. value
$5.9M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2003
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
5
Lot
2.42 ac
Current owner
From public records · entity-resolved
Daper Realty INC
Entity
Mailing address
1408 NW SHR BLVD STE #150, TAMPA, FL 33607-4522
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$3,964,700
Daper Realty INC
6950 Agm LLC
Warranty Deed
—
Jan 3, 2022
—
Daper Largo LLC
Daper Realty INC
Warranty Deed
—
Sep 20, 2001
$178,500
Realtech Realty Co
Irem INC
Grant Deed
—
—
—
Magic Jv 1 LLC
—
Deed Of Trust
related
$235,000 · Wachovia Bank NA
—
—
Magic Jv 1 LLC
—
Deed Of Trust
related
$2,048,000 · First State 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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