Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    955 Hbr Lk Ct Safety Harbor, FL 34695-2324
    Back to Search
    Property profile & analytics

    955 Hbr Lk Ct, Safety Harbor, FL 34695-2324

    View on Map
    • Warehouses
    • 3,750 SF
    • 0.42 lot acres
    Off-Market
    Property ID
    US18-3285876
    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
    $705,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Power Tel Utility Products Inc / Electric Utility Company / Association / Organization

    Property Details for 955 Hbr Lk Ct

    Year built
    1974
    Construction
    FRAME
    Lot size
    0.42 lot acres
    Property type
    Warehouses
    APN
    33-28-16-36225-000-0080
    APU
    332816362250000080

    Description

    This exceptional 3,750 square foot industrial property in Safety Harbor, Florida, presents a unique investment opportunity. Located at 955 Harbor Lake Ct, this single-story, 1974-built building underwent renovations in 2013. The property boasts a flexible layout, combining approximately 2,664 square feet of office space with 1,086 square feet of warehouse area. The warehouse features a clear span design, 12.5-15.2 foot clear height, and a light mezzanine for additional storage. Power is provided via both 3-phase and single-phase systems. Loading is facilitated by one 12'h x 8'w van-high or grade-level door. Three restrooms are conveniently located within the building. The 0.41-acre lot is zoned M-1 Light Industrial, offering six paved parking spaces and additional land for potential expansion or outdoor storage. Its prime location provides easy access to major roadways, including McMullen Booth Rd (0.65 miles), US Hwy 19 N (1.9 miles), Courtney Campbell Causeway (2.6 miles), and the Gateway Expressway (5 miles). The property is available for occupancy starting January 1, 2025. This versatile space is perfect for a variety of light industrial, manufacturing, or flex uses. The property is situated in the desirable Northern Pinellas submarket.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $705,000
      Market price range: $486k - $1.28M
      AI Estimate
      $705,000
      Market price range: $486k - $1.28M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $825,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,040,000
      Change: +26% Conversion: Moderate
      OFFICE BUILDING
      $900,000
      Change: +9% Conversion: Difficult
      RETAIL STORES
      $830,000
      Change: +0% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Safety Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6982
    Latitude
    27.9986
    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
    $5,116
    $0.00
    $0.00
    $295,000
    -
    $170,526
    $124,474
    $295,000

    Comparable in this City

    • Value Estimation
      $850,000
      2,500 SF

      870 2nd N St

      WAREHOUSE, STORAGE
      870 2nd N St, Safety Harbor, FL 34695-3516
      View Details
    • Value Estimation
      $1,110,000
      5,772 SF

      1047 Hbr Lk Dr

      WAREHOUSE, STORAGE
      1047 Hbr Lk Dr, Safety Harbor, FL 34695-2327
      View Details
    • Value Estimation
      $1,555,000
      11,041 SF

      1025 Hbr Lk Dr

      WAREHOUSE, STORAGE
      1025 Hbr Lk Dr, Safety Harbor, FL 34695-2321
      View Details
    • Value Estimation
      $1,150,000
      3,400 SF

      1015 Hbr Lk Dr

      WAREHOUSE, STORAGE
      1015 Hbr Lk Dr, Safety Harbor, FL 34695-2328
      View Details
    • Value Estimation
      $1,675,000
      8,750 SF

      604 Packard Ct Ste A

      WAREHOUSE, STORAGE
      604 Packard Ct Ste A, Safety Harbor, FL 34695-3024
      View Details
    • Value Estimation
      $1,210,000
      6,250 SF

      1185 Cedar St

      WAREHOUSE, STORAGE
      1185 Cedar St, Safety Harbor, FL 34695-2908
      View Details

    Similar Nearby for Sale

    • $1,100,000
      4,720 SF

      Freestanding Warehouse in Safety Harbor

      Industrial warehouse in Harbor Lake Industrial Park, Safety Harbor, FL.
      1060 Harbor Lake Dr, Safety Harbor, FL 34695
      View Details
    • $1,100,000

      Freestanding Industrial Warehouse in Safety Harbor

      4,720 SF industrial warehouse in Harbor Lake Industrial Park.
      1060 Harbor Lake Dr, Safety Harbor, FL 34695
      View Details
    • $1,100,000

      Freestanding Industrial Warehouse in Safety Harbor

      Industrial warehouse in Safety Harbor with upgraded mechanical infrastructure.
      1060 Harbor Lake Dr, Safety Harbor, FL 34695
      View Details
    • $339,000
      0.61 Acres

      Waterview Lot in Safety Harbor

      Premium oversized lot ready for construction with serene water views.
      Irwin St, Safety Harbor, FL 34695
      View Details
    • Contact for pricing

      Corner Lot Redevelopment Opportunity

      2.58 acre corner lot with redevelopment potential.
      1885 Cedar St, Safety Harbor, FL 34695
      View Details
    • Contact for pricing
      3,895 SF

      Safety Harbor Multifamily Opportunity

      Approved for 19 beds, prime location near downtown Safety Harbor.
      1055 Philippe Pkwy, Safety Harbor, FL 34695
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Safety Harbor Warehouse Space Available

      2,284 SF warehouse space suitable for light industrial or storage.
      977 Withlacoochee St, Safety Harbor, FL 34695
      View Details
    • Contact for pricing

      Safety Harbor Professional Office Suites

      Professional office suites for lease in Safety Harbor, Florida.
      670 2Nd St North, Safety Harbor, FL 34695
      View Details
    • Contact for pricing

      Charming Commercial Space in Safety Harbor

      Character-rich commercial space in Safety Harbor's Main Street Marketplace District.
      123 2Nd Ave S, Safety Harbor, FL 34695
      View Details
    • $34 SF/Yr
      3,498 SF

      Professional Office Suites with Dedicated Parking

      Move-in ready suites with private restrooms and dedicated parking minutes from downtown Safety Harbor amenities.
      670 2Nd St N, Safety Harbor, FL 34695
      View Details
    • Contact for pricing

      Retail Building for Lease

      Proposed 28,000 SF multi-tenant retail building for lease.
      1885 Cedar St, Safety Harbor, FL 34695
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    955 Hbr Lk Ct
    Safety Harbor, FL 34695-2324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    955 Hbr Lk Ct, Safety Harbor, FL, 34695
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!