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Property profile & analytics
OFF-MARKET
Estimated value
$5,925,000
Distribution centers
1402 Tech Blvd Tampa, FL 33619-7865
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2860552
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
32,722 SF
Lot
2.57 ac (111,818 SF)
Zoning code
M
APN
U1729202DA000001000020
UPID
US18-2860552
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
-
Tireco Distributors™ Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.56M
CAP Approach
CAP
$7.43M
Comparable Approach
Comparable
$6.47M
Blend (final)
Blend
$5.93M
Owner & transaction history
Shevat Realty Pinebrooke Bus Park F · 1 yrs held
Shevat Realty Pinebrooke Bus Park F
since 2024
Last sale
$6.1M
5 recorded transactions
Zoning & alternative use
M · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.8M
+39.1%
Neighborhood: shopping center
$8.5M
+33.8%
Retail stores
$7.3M
+14.2%
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
$4,885,000
ML approach
$4,560,000
CAP Approach
CAP Return
Estimation
6%
$8,045,000
6.5%
$7,425,000
7%
$6,895,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,360,000
Current use
MEDICAL BUILDING
$8,845,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$8,515,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$7,265,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,045,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,725,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$5.93M
Range $5.33M – $6.52M · ±10% · vs last sale $6.10M (Sep 12 2024)
Last sale anchor
$6.10M
Sep 12 2024
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
$181 / 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
$56,889
Tax year 2023
Assessed value
$3,185,900
Assessed 2023
Previous assessed
$2,292,800
+39.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$753,372
Assessed improvement
$2,432,528
Land market value
$753,372
Improvement market value
$2,432,528
Total market value
$3,185,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
10
Total area
32,722 SF
Lot
2.57 ac (111,818 SF)
Zoning code
M
APN
U1729202DA000001000020
UPID
US18-2860552
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Tampa, FL
Zoning M · permitted uses
M · 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
$6.4M
MEDICAL BUILDING
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
RETAIL STORES
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$5.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
10
Lot
2.57 ac
Current owner
From public records · entity-resolved
Shevat Realty Pinebrooke Bus Park F
Entity
Free & Clear · 1 yrs held
Mailing address
5605 GLENRIDGE DR STE #350, ATLANTA, GA 30342-1315
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 21, 2025
—
Amen Rlty LP
—
Deed
related
$57,664,000 · Blackstone Nl Us Real Estate Lending Fun
Dec 12, 2024
$6,100,000
Shevat Realty Pinebrooke Bus Park F
1402 Tech Boulevard Investors LLC
Special Warranty Deed
—
Nov 14, 2022
—
1402 Tech Boulevard Investors LLC
—
Deed
related
$2,293,000 · Frazer Bank
Oct 10, 2022
$3,715,000
1402 Tech Boulevard Investors LLC
Bwt Property Management INC
Special Warranty Deed
—
—
—
Bwt Property Management INC
—
Loan Modification
related
$1,300,000 · Cnlbank
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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