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Property profile & analytics
OFF-MARKET
Estimated value
$52,175,000
Medical Office Space
13515 Lk Ter Ln, Tampa, FL 33637-1003
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5182126
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
131,505 SF
Lot
26.43 ac (1,151,211 SF)
Zoning code
PD-A
APN
A0128191EM000000000020
UPID
US18-5182126
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
-
VA Delta Team Clinic Physician
-
Hidden River VA Clinic Medical Clinic
-
Holy Avocado Restaurant Cafe & Coffee Shop
-
VA Dental Dental Office
-
Diana Narvaez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$47.29M
Blend (final)
Blend
$52.18M
Owner & transaction history
Tampa Fl III Fgf LLC · 3 yrs held
Tampa Fl III Fgf LLC
since 2023
Last sale
$55.1M
5 recorded transactions
Zoning & alternative use
PD-A · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$63.4M
+78.4%
Apartment house (5+ units)
$48.2M
+35.7%
Office building
$36.7M
+3.2%
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
$51,210,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$35,550,000
Current use
RESTAURANT
$63,400,000
Change: +78% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$48,240,000
Change: +36% · Conversion: Moderate
OFFICE BUILDING
$36,685,000
Change: +3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$34,210,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$52.18M
Range $46.96M – $57.39M · ±10% · vs last sale $55.10M (Jan 17 2023)
Last sale anchor
$55.10M
Jan 17 2023
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
$397 / 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
$635,465
Tax year 2023
Assessed value
$36,071,100
Assessed 2023
Previous assessed
$29,902,900
+20.6% YoY
Effective rate
1.76%
On assessed value
Assessed land
$8,291,813
Assessed improvement
$27,779,287
Land market value
$8,291,813
Improvement market value
$27,779,287
Total market value
$36,071,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Total area
131,505 SF
Lot
26.43 ac (1,151,211 SF)
Zoning code
PD-A
APN
A0128191EM000000000020
UPID
US18-5182126
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD-A · Tampa, FL
Zoning PD-A · permitted uses
PD-A · 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
MEDICAL BUILDING Current
Est. value
$35.6M
RESTAURANT
Est. value
$63.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$48.2M
OFFICE BUILDING
Est. value
$36.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.2M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
26.43 ac
Current owner
From public records · entity-resolved
Tampa Fl III Fgf LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
Ownership since
2023
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
Jul 10, 2024
—
Tampa Fl III Fgf LLC
—
Deed
related
$160,000,000 · Athene Annuity And Life Company
Jan 17, 2023
$55,100,000
Tampa Fl III Fgf LLC
Hta Va Tampa Mob LLC
Special Warranty Deed
—
Aug 2, 2017
$56,148,100
Hta-va Tampa Mob LLC
Duke Realty LP
Grant Deed
—
Apr 17, 2012
$7,550,000
Duke Realty LP
Crescent Resources LLC
Grant Deed
—
Jun 11, 2010
—
Crescent Resources LLC
—
Deed Of Trust
related
$150,000,000 · Deutsche Bank Trust Co 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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