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Property profile & analytics
FOR LEASE
Strip malls
1717 W Fletcher Ave Tampa, FL 33613
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0233995
For Lease
1 / 3
$7,600,000
1717 W Fletcher Ave, Tampa, FL 33613
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,072 SF
Lot
3.54 ac (154,383 SF)
Zoning code
PD
APN
U022818ZZZ000000779500
UPID
US18-0233995
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
-
Rosewood Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.72M
Blend (final)
Blend
$7.60M
Owner & transaction history
Bass Aaa Rosewood LLC · 1 yrs held
Bass Aaa Rosewood LLC
since 2024
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.2M
+85.3%
Apartment house (5+ units)
$6.3M
+41.0%
Medical building
$4.6M
+3.9%
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
$7,600,000
ML approach
$7,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,230,000
Change: +85% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,265,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$4,615,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$7.60M
Range $6.84M – $8.36M · ±10% · vs last sale $7.60M (Dec 2 2024)
Last sale anchor
$7.60M
Dec 2 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
$445 / 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
$87,029
Tax year 2023
Assessed value
$4,851,500
Assessed 2023
Previous assessed
$4,851,500
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$1,592,075
Assessed improvement
$3,259,425
Land market value
$1,592,075
Improvement market value
$3,259,425
Total market value
$4,851,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
21
Rooms
55
Total area
17,072 SF
Lot
3.54 ac (154,383 SF)
Zoning code
PD
APN
U022818ZZZ000000779500
UPID
US18-0233995
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · 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
RESTAURANT
Est. value
$8.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$4.6M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
21
Rooms
55
Lot
3.54 ac
Current owner
From public records · entity-resolved
Bass Aaa Rosewood LLC
Entity
Mailing address
4308 HARBORWATCH LN, LUTZ, FL 33558-9704
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
$7,600,000
Bass Aaa Rosewood LLC
Reit4 Retail 2 LLC
Special Warranty Deed
$5,793,750 · Bank Of America NA
Feb 2, 2022
$6,000,000
Reit4 Retail 2 LLC
The Kain Limited Partnership
Warranty Deed
—
Mar 30, 2020
$3,650,000
The Kain Limited Partnership
Mattar Investment Properties 11 LLC
Warranty Deed
$2,887,500 · Valley National Bank
Mar 28, 2017
$2,966,250
Mattar Investment Props 11 LLC
Us Bank NA Series 2006-c2
Grant Deed
$1,977,500 · Usameribank
Sep 13, 2016
$57,800
Us Bank NA Series 2006-c2 Tr
Rosewood Shoppes LLC Coc
Trustees Deed
related
—
May 1, 2003
$2,900,000
Rosewood Shoppes LLC
Rosewood Associates Ltd
Grant Deed
related
$2,360,000 · Colonial Bank
—
—
Rosewood Shoppes LLC
—
Deed Of Trust
related
$3,968,000 · Column Financial INC
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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