New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,000,000
Flex space
8585 126th Ave Largo, FL 33773-1502
Individually Owned
5-yr Hold
Free & Clear
Property ID
US18-8341439
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2017
Construction
CONCRETE
Total area
101,871 SF
Lot
6.09 ac (265,341 SF)
APN
12-30-15-84742-000-0012
UPID
US18-8341439
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
-
Saint Gobain Life Sciences Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.50M
Comparable Approach
Comparable
$20.67M
Blend (final)
Blend
$16.00M
Owner & transaction history
Ulf 8585 126th Ave Pinellas Ll · 5 yrs held
Ulf 8585 126th Ave Pinellas Ll
since 2020
Last sale
$14.0M
2 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
$15,165,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,450,000
6.5%
$11,495,000
7%
$10,675,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$25,315,000
Current use
COMMERCIAL (GENERAL)
$24,915,000
Change: -2% · Conversion: Difficult
WAREHOUSE, STORAGE
$24,755,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$23,090,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$16.00M
Range $14.40M – $17.60M · ±10% · vs last sale $14.00M (Dec 3 2020)
Last sale anchor
$14.00M
Dec 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
$157 / 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
$200,112
Tax year 2023
Assessed value
$11,300,000
Assessed 2023
Previous assessed
$9,000,000
+25.6% YoY
Effective rate
1.77%
On assessed value
Land market value
$1,558,733
Improvement market value
$9,741,267
Total market value
$11,300,000
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
2017
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
9
Total area
101,871 SF
Lot
6.09 ac (265,341 SF)
APN
12-30-15-84742-000-0012
UPID
US18-8341439
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
$25.3M
COMMERCIAL (GENERAL)
Est. value
$24.9M
WAREHOUSE, STORAGE
Est. value
$24.8M
OFFICE BUILDING
Est. value
$23.1M
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
2017
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
9
Lot
6.09 ac
Current owner
From public records · entity-resolved
Ulf 8585 126th Ave Pinellas Ll
Individual
Free & Clear · 5 yrs held
Mailing address
125 HIGH ST, BOSTON, MA 02110-2704
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Ulf 8585 126th Ave Pinellas LLC
—
Deed
related
$320,000,000 · Wells Fargo Bank NA
Dec 3, 2020
$14,000,000
Ulf 8585 126th Ave Pinellas Ll
Monin Starkey Lakes LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8585 126th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
