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    8625 66Th St N Pinellas Park, FL 33782
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    Property profile & analytics

    8625 66Th St N, Pinellas Park, FL 33782

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    • Investment properties
    • 4,800 SF
    For Sale
    $1,750,000
    View Listing →
    Pinellas Park Retail Opportunity For Sale
    $1,750,000
    6,400 SF

    Pinellas Park Retail Opportunity

    Retail property with high visibility and income potential.

    8625 66th St N, Pinellas Park, FL 33782
    View Listing
    Property ID
    US18-4829068
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Miles Family Medicine / Medical Clinic
    • Sound Exchange / (Bike/Boat/Book/etc) Store
    • Sound Exchange of Pinellas / (Bike/Boat/Book/etc) Store

    Property Details for 8625 66Th St N

    Year built
    1984
    Construction
    WOOD FRAME
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    20-30-16-45275-000-8625
    APU
    203016452750008625

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,290,000
      Market price range: $927k - $6.86M
      AI Estimate
      $1,290,000
      Market price range: $927k - $6.86M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7283
    Latitude
    27.8504
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,288
    $0.00
    $0.00
    $338,000
    -
    $0.00
    $338,000
    $338,000

    Comparable in this City

    • Value Estimation
      $590,000
      1,380 SF

      9145 Us Hwy 19th N

      STORE/OFFICE (MIXED USE)
      9145 Us Hwy 19th N, Pinellas Park, FL 33782-5406
      View Details
    • Value Estimation
      $1,490,000
      3,822 SF

      9103 Us Hwy 19th N

      STORE/OFFICE (MIXED USE)
      9103 Us Hwy 19th N, Pinellas Park, FL 33782-5406
      View Details
    • Value Estimation by Request
      800 SF

      8605 66th N St

      STORE/OFFICE (MIXED USE)
      8605 66th N St, Pinellas Park, FL 33782
      View Details
    • Value Estimation
      $625,000
      1,475 SF

      9171 Us Hwy 19th N

      STORE/OFFICE (MIXED USE)
      9171 Us Hwy 19th N, Pinellas Park, FL 33782-5406
      View Details
    • Value Estimation
      $590,000
      1,380 SF

      9151 Us Hwy 19th N

      STORE/OFFICE (MIXED USE)
      9151 Us Hwy 19th N, Pinellas Park, FL 33782-5406
      View Details
    • Value Estimation
      $3,645,000
      10,800 SF

      9099 Us Hwy 19th N

      STORE/OFFICE (MIXED USE)
      9099 Us Hwy 19th N, Pinellas Park, FL 33782-5404
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,400 SF

      Pinellas Park Retail Opportunity

      Retail property with high visibility and income potential.
      8625 66Th St N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      9,600 SF

      Retail Strip with Upside

      9,600-SF retail strip mall available for purchase.
      8601 49Th St North, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      950 SF

      Springwood Villas Condo

      Two-bedroom condo in a 55+ community with many amenities.
      5080 Park Lake Dr N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      1.92 Acres

      Prime Pinellas Park Industrial Land

      1.92-acre site, US Hwy 19 frontage.
      10280 Us Highway 19, Pinellas Park, FL 33782
      View Details
    • $1,750,000

      Pinellas Park Retail Property

      Highly visible retail property on heavily traveled commercial corridor.
      8625 66Th St N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      1,960 SF

      Pinellas Park Retail/Showroom Space

      1,960 SF free-standing retail/showroom space with great visibility.
      9300 49Th St, Pinellas Park, FL 33782
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      100 SF

      Modern Mixed-Use Industrial Unit

      Mixed-use industrial unit with office space and high ceilings.
      8925 66Th Ct N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing

      Pinellas Park Office/Warehouse For Rent

      24,811 SF office/warehouse with loading docks and drive-through capability.
      10280 Us Highway 19 North, Pinellas Park, FL 33782
      View Details
    • Contact for pricing

      Industrial Outdoor Storage Space Available

      Up to 6 acres of fenced, graveled, and lit storage.
      10280 Us Highway 19 N, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Space in Gateway Logistics

      Available industrial space for lease in St. Petersburg, Florida.
      2690 Gateway Center Pkwy, St Petersburg, FL 33782
      View Details
    • Contact for pricing

      Pinellas Park Warehouse Space

      Warehouse space available for rent in Pinellas Park, Florida.
      2590 Grand Ave, Pinellas Park, FL 33782
      View Details
    • Contact for pricing
      10,833 SF

      Retail Space on US Highway

      Retail and office spaces available on a major highway.
      9001 N Us Highway 19, Pinellas Park, FL 33782
      View Details
    View Listing
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    Pinellas Park, FL 33782
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    8625 66Th St N, Pinellas Park, FL, 33782
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