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Property profile & analytics
OFF-MARKET
Estimated value
$6,860,000
Parking lots & garages
1617 8th Ave Tampa, FL 33605-3709
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5528013
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.14 ac (6,080 SF)
Zoning code
YC-1
APN
A18291950N000056000021
UPID
US18-5528013
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
-
Pizza parking Bakery Specialty Food Shop
-
SpookEasy Lounge Cafe & Coffee Shop
-
Gerard Alexander of Ybor Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.86M
Owner & transaction history
Ybor Pedroso LLC · 4 yrs held
Ybor Pedroso LLC
since 2022
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
YC-1 · 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
$6,950,000
ML approach
$6,890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.86M
Range $6.17M – $7.55M · ±10% · vs last sale $6.80M (May 2 2022)
Last sale anchor
$6.80M
May 2 2022
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
—
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
$3,892
Tax year 2023
Assessed value
$183,223
Assessed 2023
Previous assessed
$166,755
+9.9% YoY
Effective rate
2.12%
On assessed value
Assessed land
$170,240
Assessed improvement
$12,983
Land market value
$170,240
Improvement market value
$12,983
Total market value
$183,223
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.14 ac (6,080 SF)
Zoning code
YC-1
APN
A18291950N000056000021
UPID
US18-5528013
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
YC-1 · Tampa, FL
Zoning YC-1 · permitted uses
YC-1 · 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
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Ybor Pedroso LLC
Entity
Mailing address
1228 E 7TH AVE STE #100, TAMPA, FL 33605-3510
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2022
$6,800,000
Ybor Pedroso LLC
Victoria Properties LLC
Warranty Deed
$6,600,000 · The Northern Trust Co
Jun 7, 2019
—
Victoria Properties LLC
—
Loan Modification
related
$3,295,695 · City Nat'l Bk/fl
Dec 27, 2016
—
Victoria Properties LLC
—
Deed
related
$3,073,275 · City Nat'l Bk/fl
Oct 4, 2016
$390,000
Victoria Properties LLC
Shiver Ybor 1616 Land Trust
Warranty Deed
—
Oct 4, 2016
—
Victoria Properties LLC
—
Deed
related
$3,260,000 · City Nat'l Bk/fl
—
—
Victoria Properties LLC
—
Loan Modification
related
$3,260,000 · City Nat'l Bk/fl
—
—
Victoria Properties LLC
—
Loan Modification
related
$3,073,275 · City Nat'l Bk/fl
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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