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Property profile & analytics
FOR LEASE
Manufacturing properties
9875 18Th St N St Petersburg, FL 33716
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3268032
For Lease
1 / 7
$2,725,000
9875 18Th St N, St Petersburg, FL 33716
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
CONCRETE BLOCKS
Total area
16,582 SF
Lot
1.54 ac (67,104 SF)
APN
24-30-16-57482-002-0120
UPID
US18-3268032
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
-
Emhart Glass Manufacturing Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.73M
Owner & transaction history
Hupp Metropointe LLC · 8 yrs held
Hupp Metropointe LLC
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.0M
+35.8%
Retail stores
$3.9M
+32.9%
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 St Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs St Petersburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,945,000
Current use
WAREHOUSE, STORAGE
$4,000,000
Change: +36% · Conversion: Easy
RETAIL STORES
$3,915,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10%
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
$164 / 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
$26,801
Tax year 2023
Assessed value
$1,535,000
Assessed 2023
Previous assessed
$1,400,000
+9.6% YoY
Effective rate
1.75%
On assessed value
Land market value
$313,097
Improvement market value
$1,221,903
Total market value
$1,535,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
2
Total area
16,582 SF
Lot
1.54 ac (67,104 SF)
APN
24-30-16-57482-002-0120
UPID
US18-3268032
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
$2.9M
WAREHOUSE, STORAGE
Est. value
$4.0M
RETAIL STORES
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1989
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Hupp Metropointe LLC
Entity
Mailing address
907 S FT HARRISON AVE STE #102, CLEARWATER, FL 33756-3937
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
—
Hupp Metropointe LLC
—
Loan Modification
related
$4,320,091 · Td Bk NA
Aug 3, 2017
$6,555,000
Hupp Metropointe LLC
Tampa Industrial II Associates LLC
Special Warranty Deed
$4,575,000 · Td Bank NA
Apr 18, 2016
$5,513,300
Tampa Industrial II Assocs LLC
Evergreen Propco Vi LLC
Grant Deed
—
Aug 11, 2015
$15,000,000
Evergreen Propco Vi LLC
Fleeman,jeffrey & John
Grant Deed
$50,841,750 · Miscellaneous Ins Co
Jun 15, 2001
$7,250,000
3 Jg Trust
Carlyle/fr Investors LLC
Grant Deed
$6,125,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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