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Property profile & analytics
OFF-MARKET
Estimated value
$2,465,000
Manufacturing properties
7233 123rd Cir, Largo, FL 33773-3035
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-4889642
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Construction
CONCRETE BLOCKS
Total area
19,760 SF
Lot
1.36 ac (59,242 SF)
APN
07-30-16-47017-000-0160
UPID
US18-4889642
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
-
Suncoast Distribution LLC Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$2.47M
Owner & transaction history
8100 Bryan Dairy Road LLC · 5 yrs held
8100 Bryan Dairy Road LLC
since 2021
Last sale
$1.6M
7 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
$2,415,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,415,000
6.5%
$2,230,000
7%
$2,070,000
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±10% · vs last sale $1.65M (Jun 2 2021)
Last sale anchor
$1.65M
Jun 2 2021
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
$125 / 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
$27,685
Tax year 2023
Assessed value
$1,425,000
Assessed 2023
Previous assessed
$1,245,000
+14.5% YoY
Effective rate
1.94%
On assessed value
Land market value
$335,665
Improvement market value
$1,089,335
Total market value
$1,425,000
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
1993
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
3
Total area
19,760 SF
Lot
1.36 ac (59,242 SF)
APN
07-30-16-47017-000-0160
UPID
US18-4889642
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
Building & site characteristics
From public records
Year built
1993
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.36 ac
Current owner
From public records · entity-resolved
8100 Bryan Dairy Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
7233 123RD CIR, LARGO, FL 33773-3035
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
$1,648,000
8100 Bryan Dairy Road LLC
One23 LLC
Warranty Deed
—
May 14, 2018
$1,200,000
One23 LLC
Cardinal Circuit INC
Warranty Deed
—
Jun 6, 2012
$850,000
Cardinal Circuit INC
Michael E Barger
Warranty Deed
$722,500 · Branch Banking And Trust Co
Jan 12, 2005
$2,250,000
Lachen LLC
Precision Acquisition Corp INC
Warranty Deed
—
Jan 10, 2005
$610,000
Precision Acquisition Corp INC
Ldb 123rd Court Land Trust
Grant Deed
—
—
—
Cardinal Circuit INC
—
Deed Of Trust
related
$275,000 · Branch Banking & Trust Co
—
—
Lachen LLC
—
Deed Of Trust
related
$1,600,000 · Wachovia Bank NA
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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