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Property profile & analytics
OFF-MARKET
Manufacturing properties
968 Douglas Ave Dunedin, FL 34698-4944
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-4510685
Property summary
AI-generated overview
This 6,300-square-foot industrial property, located at 968 Douglas Ave, Dunedin, FL 34698, offers a versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Built in 1955 and renovated in 2020, the single-tenant building sits on a 1.07-acre lot in Pinellas County, providing ample room for expansion or outdoor storage. The property boasts 18 parking spaces, ensuring convenient access for employees and deliveries. Its prime location in Dunedin offers excellent access to major highways and transportation routes. The spacious layout, combined with the substantial land area, makes this a highly desirable property for businesses seeking a strategic location in a thriving area. The building features no elevators. This is a fully vacant property ready for immediate occupancy. The cross street is Alt 19.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
STEEL FRAME
Total area
3,200 SF
Lot
1.08 ac (46,836 SF)
APN
27-28-15-23076-013-0050
UPID
US18-4510685
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
-
Institute For Creative Arts College
-
Lisa Johnson art and clay (Bike/Boat/Book/etc) Store
-
Stained Glass Artist Dee Rodriques Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
968 Douglas Ave LLC
968 Douglas Ave LLC
since 2025
Last sale
$3.7M
3 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 Dunedin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunedin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,828
Tax year 2023
Assessed value
$1,477,503
Assessed 2023
Previous assessed
$1,275,537
+15.8% YoY
Effective rate
1.21%
On assessed value
Land market value
$1,393,347
Improvement market value
$84,156
Total market value
$1,477,503
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
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
1
Total area
3,200 SF
Lot
1.08 ac (46,836 SF)
APN
27-28-15-23076-013-0050
UPID
US18-4510685
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
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
968 Douglas Ave LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1670 SUNSHINE DR, CLEARWATER, FL 33765-1316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
$3,700,000
968 Douglas Ave LLC
Orthios LLC
Warranty Deed
—
Jun 29, 2010
—
Orthios LLC
Davis Concrete INC
Grant Deed
related
—
Jun 22, 2010
—
Orthios LLC
Davis Concrete INC
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.
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