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Property profile & analytics
OFF-MARKET
Estimated value
$8,800,000
Distribution centers
1433 Massaro Blvd Tampa, FL 33619-3005
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0374590
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
90,310 SF
Lot
4.03 ac (175,547 SF)
Zoning code
M
APN
U132919ZZZ000001480600
UPID
US18-0374590
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
-
Cafe Diem Cafe & Coffee Shop
-
Furniture Near Me Wholesale Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.86M
Blend (final)
Blend
$8.80M
Owner & transaction history
Edwin Celeiro · 2 yrs held
Edwin Celeiro
since 2024
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
M · 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
Method
Estimation
Statistic approach
$8,800,000
ML approach
$8,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.80M
Range $7.92M – $9.68M · ±10% · vs last sale $8.80M (Mar 25 2024)
Last sale anchor
$8.80M
Mar 25 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
$97 / 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
$72,715
Tax year 2023
Assessed value
$4,312,900
Assessed 2023
Previous assessed
$3,682,800
+17.1% YoY
Effective rate
1.69%
On assessed value
Assessed land
$730,714
Assessed improvement
$3,582,186
Land market value
$730,714
Improvement market value
$3,582,186
Total market value
$4,312,900
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
4
Total area
90,310 SF
Lot
4.03 ac (175,547 SF)
Zoning code
M
APN
U132919ZZZ000001480600
UPID
US18-0374590
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.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
4
Lot
4.03 ac
Current owner
From public records · entity-resolved
Edwin Celeiro
Individual
Mailing address
719 CAMROSE DR, BRANDON, FL 33510-2158
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2025
—
Edwin Celeiro
—
Deed
related
$750,000 · Centura Bank
Mar 25, 2024
$8,800,000
Edwin Celeiro
1433 Massaro LLC
Special Warranty Deed
$3,500,000 · Century Bank Of Florida
Mar 9, 2020
—
1433 Massaro LLC
—
Deed
related
$2,492,222 · Valley Nat'l Bk
Dec 26, 2019
—
1433 Massaro LLC
—
Deed
related
$1,207,346 · Valley Nat'l Bk
Jun 3, 2014
$2,100,000
1433 Massaro LLC
Realty Associates Fund Vii LP
Trustees Deed
$1,433,490 · Usameribank
Jan 10, 2006
$4,225,000
Realty Associates Fund Vii
Scheck Family LLC
Grant Deed
—
Jun 17, 1999
$3,100,000
Scheck Family LLC
Scheck,michael & Raquel
Grant Deed
related
$2,478,000 · Gmac Commercial Mortgage Corp
—
—
1433 Massaro LLC
—
Deed Of Trust
related
$1,433,490 · Usameribank
—
—
1433 Massaro LLC
—
Loan Modification
related
$1,207,346 · Valley Nat'l Bk
—
—
1433 Massaro LLC
—
Loan Modification
related
$2,492,222 · Valley Nat'l Bk
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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