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Property profile & analytics
FOR SALE
Office buildings
1345 N Falkenburg Rd, Tampa, FL 33619
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-2860541
For Sale
1 / 3
$1,200,000
1345 N Falkenburg Rd, Tampa, FL 33619
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,638 SF
Lot
0.52 ac (22,500 SF)
Zoning code
BPO
APN
U172920ZZZ000002510400
UPID
US18-2860541
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
-
Executive Touch Cleaning Services (Bike/Boat/Book/etc) Store
-
Avanti Group, Consulting Engineers Engineer Engineering Consultant
-
Pieces to the Puzzle: Therapeutic & Consulting Services Crisis Center Medical Clinic
-
Sunshine Beautique Hair Salon Nail Salon
-
Tampa Bay Maid Hardware & Home Improvement
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
Avanti Properties LLC · 8 yrs held
Avanti Properties LLC
since 2018
5 recorded transactions
Zoning & alternative use
BPO · Tampa, FL
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 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
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
$11,374
Tax year 2023
Assessed value
$642,900
Assessed 2023
Previous assessed
$578,000
+11.2% YoY
Effective rate
1.77%
On assessed value
Assessed land
$157,500
Assessed improvement
$485,400
Land market value
$157,500
Improvement market value
$485,400
Total market value
$642,900
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
4
Rooms
3
Bathrooms
1
Total area
5,638 SF
Lot
0.52 ac (22,500 SF)
Zoning code
BPO
APN
U172920ZZZ000002510400
UPID
US18-2860541
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
BPO · Tampa, FL
Zoning BPO · permitted uses
BPO · 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.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Rooms
3
Bathrooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Avanti Properties LLC
Entity
Mailing address
1345 N FALKENBURG RD, TAMPA, FL 33619-0945
Ownership since
2018
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
Nov 25, 2024
—
Avanti Properties LLC
—
Deed
related
$335,000 · Dfcu Financial
May 1, 2018
$351,000
Avanti Properties LLC
Franklin Office Suites LLC
Warranty Deed
$352,800 · First Citizens Bank
Aug 18, 2017
$257,500
Franklin Office Suites LLC
Dye,william E
Warranty Deed
—
Apr 15, 1998
$71,600
William E Dye
Franklin,jack
Grant Deed
$56,600 · Seller
Dec 5, 1997
$58,000
Jack Franklin
Crawford,james F
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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