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Property profile & analytics
OFF-MARKET
Estimated value
$4,145,000
Drug stores
17511 Bruce B Downs Blvd Tampa, FL 33647-3211
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3918607
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,367 SF
Lot
1.94 ac (84,382 SF)
Zoning code
PD-A
APN
A2427191AQ0000000001A0
UPID
US18-3918607
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
-
Antonide Arthus Physician
-
Bitcoin Depot | BDCheckout Atm
-
Regina Matthews Physician
-
Jeanne Lufkin, APRN Registered General Nurse
-
TD Bank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.95M
CAP Approach
CAP
$2.80M
Comparable Approach
Comparable
$5.10M
Blend (final)
Blend
$4.15M
Owner & transaction history
Limestone Wgfl LLC · 5 yrs held
Limestone Wgfl LLC
since 2021
Last sale
$3.8M
2 recorded transactions
Zoning & alternative use
PD-A · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ugh 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning complian…
Zone name
Planned Development Alternative
General category
PLANNED_DEVELOPMENT
Zone area
13,345.14 ac
Top alternative use upside
Apartment house (5+ units)
$5.6M
+65.2%
Office building
$4.3M
+25.7%
Medical building
$4.2M
+21.8%
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
$4,145,000
ML approach
$3,950,000
CAP Approach
CAP Return
Estimation
6%
$3,035,000
6.5%
$2,800,000
7%
$2,600,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,410,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,635,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$4,285,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$4,155,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,000,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,965,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,930,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$4.15M
Range $3.73M – $4.56M · ±10% · vs last sale $3.78M (Jun 8 2021)
Last sale anchor
$3.78M
Jun 8 2021
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
$270 / 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
$68,224
Tax year 2023
Assessed value
$3,478,200
Assessed 2023
Previous assessed
$3,478,200
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$2,480,831
Assessed improvement
$997,369
Land market value
$2,480,831
Improvement market value
$997,369
Total market value
$3,478,200
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
15,367 SF
Lot
1.94 ac (84,382 SF)
Zoning code
PD-A
APN
A2427191AQ0000000001A0
UPID
US18-3918607
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD-A · Tampa, FLZoning 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
Zoning description
ugh 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning compliance permit which together meet all applicable requirements for development. Section 2
Zone name
Planned Development Alternative
General category
PLANNED_DEVELOPMENT
Zone area
13,345.14 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
OFFICE BUILDING
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
Limestone Wgfl LLC
Entity
Mailing address
200 S BISCAYNE BLVD STE #7, MIAMI, FL 33131-2310
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
—
Limestone Wgfl LLC
—
Deed
related
$51,400,000 · Protective Life Insurance Co
Jun 8, 2021
$3,776,000
Limestone Wgfl LLC
Walgreen Co
Special Warranty Deed
$29,260,000 · Wells Fargo Bank NA
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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