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Property profile & analytics
OFF-MARKET
Estimated value
$8,965,000
Flex space
7301 114th Ave Pinellas Park, FL 33782
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0745958
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1996
Construction
STEEL FRAME
Total area
64,129 SF
Lot
5.12 ac (223,005 SF)
APN
18-30-16-69768-200-1101
UPID
US19-0745958
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
$7.24M
Comparable Approach
Comparable
$11.01M
Blend (final)
Blend
$8.97M
Owner & transaction history
Largo 114th Ave LLC · 6 yrs held
Largo 114th Ave LLC
since 2020
Last sale
$6.0M
4 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 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
$12,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,840,000
6.5%
$7,235,000
7%
$6,720,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,565,000
Current use
Blend value · Realmo final
$8.97M
Range $8.07M – $9.86M · ±10% · vs last sale $6.00M (Jun 3 2020)
Last sale anchor
$6.00M
Jun 3 2020
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
$140 / 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
$102,613
Tax year 2023
Assessed value
$5,300,000
Assessed 2023
Previous assessed
$4,550,000
+16.5% YoY
Effective rate
1.94%
On assessed value
Land market value
$873,216
Improvement market value
$4,426,784
Total market value
$5,300,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
10
Total area
64,129 SF
Lot
5.12 ac (223,005 SF)
APN
18-30-16-69768-200-1101
UPID
US19-0745958
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
$12.6M
INDUSTRIAL (GENERAL) Current
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
1996
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
10
Lot
5.12 ac
Current owner
From public records · entity-resolved
Largo 114th Ave LLC
Entity
Mailing address
140 E 45TH ST, NEW YORK, NY 10017-3144
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2020
$6,000,000
Largo 114th Ave LLC
Nautical Structures Industries
Grant Deed
$3,900,000 · Miscellaneous Ins Co
Jul 5, 2011
$2,325,000
Nautical Strectures Induates
Stlas Fl I Spe LLC
Special Warranty Deed
$5,000,000 · Branch Banking And Trust Co
Nov 13, 2009
—
Atlas Fl I Spe LLC
Sac Chich LLC Coc
Trustees Deed
related
—
Jan 27, 2006
$4,575,000
Sac Chich LLC
Leighton L Reid
Warranty Deed
—
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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