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Property profile & analytics
OFF-MARKET
Estimated value
$4,035,000
Strip malls
11611 Sheldon Rd Tampa, FL 33626-4306
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4753353
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,890 SF
Lot
1.09 ac (47,380 SF)
Zoning code
CN
APN
U14281705G000000000401
UPID
US18-4753353
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
-
Randall Firm Law Firm
-
Quest Diagnostics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$4.04M
Owner & transaction history
Wan Goo Investment LLC · 4 yrs held
Wan Goo Investment LLC
since 2021
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
CN · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
llowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Semino…
Zone name
Commercial Neighborhood
General category
COMMERCIAL
Zone area
140.03 ac
Top alternative use upside
Restaurant
$4.8M
+85.3%
Apartment house (5+ units)
$3.6M
+41.0%
Medical building
$2.7M
+3.9%
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 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
$4,035,000
ML approach
$4,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,575,000
Current use
RESTAURANT
$4,770,000
Change: +85% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,630,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$2,675,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±10% · vs last sale $3.68M (Dec 14 2021)
Last sale anchor
$3.68M
Dec 14 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
$408 / 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
$52,979
Tax year 2023
Assessed value
$2,980,700
Assessed 2023
Previous assessed
$2,980,700
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$490,383
Assessed improvement
$2,490,317
Land market value
$490,383
Improvement market value
$2,490,317
Total market value
$2,980,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
8
Total area
9,890 SF
Lot
1.09 ac (47,380 SF)
Zoning code
CN
APN
U14281705G000000000401
UPID
US18-4753353
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CN · Tampa, FLZoning CN · permitted uses
CN · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
llowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16,
Zone name
Commercial Neighborhood
General category
COMMERCIAL
Zone area
140.03 ac
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.6M
RESTAURANT
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Lot
1.09 ac
Current owner
From public records · entity-resolved
Wan Goo Investment LLC
Entity
Mailing address
10064 OAK QUARRY DR, ORLANDO, FL 32832-5645
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
$3,675,000
Wan Goo Investment LLC
Lamsa LLC
Warranty Deed
$2,756,250 · Midflorida Cu
Nov 7, 2019
—
Lamsa LLC
—
Deed
related
$1,900,000 · Bmo Harris Bank NA
Feb 11, 2015
$2,700,000
Lamsa LLC
Keramitsa Ents INC
Warranty Deed
$1,890,000 · Charlotte St Bk&tr
—
—
Keramitsa Ents INC
—
Deed Of Trust
related
$1,350,000 · First National Bank
—
—
Frank Viscaro
—
Deed Of Trust
related
$50,000 · William Sioutis
—
—
Frank S Visicaro
—
Deed Of Trust
related
$75,000 · Individual
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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