Entity Owned 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
Current use
Occupant on record · Public records
-
HVAC Service General Contractor
-
Construction Company General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.95M
Comparable Approach
Comparable
$5.21M
Blend (final)
Blend
$5.19M
Owner & transaction history
since 2022
Last sale
$4.0M
5 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.19M
Value range
$4.67M – $5.70M
±10% around blend
Estimated value / SF
$199 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$4.67M
blend $5.19M
$5.70M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
26,104 SF
Lot area
2.42 ac
Year built
2003
Stories
2
APN
18-30-16-71060-000-0090
Assessed value
$2,850,000
Annual tax
$55,365
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.95M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.19M
@ 6.5% CAP return
$2.95M
@ 7% CAP return
$2.74M
4
Sales comparison
Partial preview
Sales approach indication
$5.17M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.1 mi away · 28,465 SF
8.5 mi away · 26,922 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.19M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 39 sales
$249
-20%
Submarket 92 sales
$198
+0%
County 388 sales
$175
+14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $199/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
3.70%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.70%
9.0%
NOI (est.)
$278k *
Last sale · Jan 2022
$3.96M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.50M
Move the market yield to see immediate price impact.
Value / SF
$287
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.20%3.70%4.20%
$250k
$7.81M
$6.75M
$5.95M
$278k
$8.67M
$7.50M
$6.61M
$305k
$9.54M
$8.25M
$7.27M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$4.80M
3.7 mi · Sep 2025 · $157/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · 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
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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