New search
Property profile & analytics
OFF-MARKET
Estimated value
$34,245,000
Distribution centers
101 34th St, Tampa, FL 33605
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7396500
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
190,000 SF
Lot
15.62 ac (680,305 SF)
Zoning code
IG
APN
A202919ZZZ000005902500
UPID
US18-7396500
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$43.11M
Comparable Approach
Comparable
$35.84M
Blend (final)
Blend
$34.25M
Owner & transaction history
Tfc Owner LLC · 5 yrs held
Tfc Owner LLC
since 2021
Last sale
$32.7M
7 recorded transactions
Zoning & alternative use
IG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$51.6M
+115.6%
Medical building
$51.4M
+114.6%
Neighborhood: shopping center
$49.4M
+106.5%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
$35,835,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$46,700,000
6.5%
$43,110,000
7%
$40,030,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$23,940,000
Current use
OFFICE BUILDING
$51,610,000
Change: +116% · Conversion: Difficult
MEDICAL BUILDING
$51,360,000
Change: +115% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$49,430,000
Change: +106% · Conversion: Moderate
RETAIL STORES
$42,185,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$36,660,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$34.25M
Range $30.82M – $37.67M · ±10% · vs last sale $32.65M (May 7 2021)
Last sale anchor
$32.65M
May 7 2021
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
$180 / 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
$507,495
Tax year 2023
Assessed value
$26,237,800
Assessed 2023
Previous assessed
$26,237,800
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$3,428,737
Assessed improvement
$22,809,063
Land market value
$3,428,737
Improvement market value
$22,809,063
Total market value
$26,237,800
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
6
Total area
190,000 SF
Lot
15.62 ac (680,305 SF)
Zoning code
IG
APN
A202919ZZZ000005902500
UPID
US18-7396500
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IG · Tampa, FL
Zoning IG · permitted uses
IG · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$23.9M
OFFICE BUILDING
Est. value
$51.6M
MEDICAL BUILDING
Est. value
$51.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$49.4M
RETAIL STORES
Est. value
$42.2M
AUTO REPAIR, GARAGE
Est. value
$36.7M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
15.62 ac
Current owner
From public records · entity-resolved
Tfc Owner LLC
Entity
Free & Clear · 5 yrs held
Mailing address
30 HUDSON YARDS #75, NEW YORK, NY 10001-2170
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
Tfc Owner LLC
—
Deed
related
$740,000,000 · Wells Fargo Bank NA
Jun 6, 2022
—
Tfc Owner LLC
—
Deed
related
$175,000,000 · Citibank NA
May 7, 2021
$32,650,000
Tfc Owner LLC
Kr Tampa Clark Street 2019 LLC
Special Warranty Deed
—
Mar 11, 2020
—
Kr Tampa Clark Street 2019 LLC
—
Deed
related
$11,600,000 · City Nat'l Bk/fl
Nov 25, 2019
—
Kr Tampa Clark Street 2019 LLC
—
Trustees Deed
related
$3,000,000 · Frank M Davis
Jul 24, 2019
$1,300,000
Kr Tampa Clark Street 2019 LLC
Clark Street Ventures LLC
Grant Deed
—
Jan 7, 2013
—
Kimmins R/e Ventures INC
Kimmins Corp
Quit Claim Deed
—
—
—
Kr Tampa Clark Street 2019 LLC
—
Deed Of Trust
related
$11,600,000 · City Nat'l Bk/fl
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 101 34th St?
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.
