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Property profile & analytics
OFF-MARKET
Estimated value
$7,465,000
Grocery and convenience stores
17605 Bruce B Downs Blvd Tampa, FL 33647-3212
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5503943
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,434 SF
Lot
4.84 ac (210,830 SF)
Zoning code
PD-A
APN
A1327191AP000000000090
UPID
US18-5503943
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
-
Lotte Plaza Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store
-
SGD Tofu and Barbecue Restaurant
-
TOUS les JOURS Bakery Specialty Food Shop
-
Korean Beauty Paradise Medical Clinic Skin Care Clinic
-
bb.q Chicken Lotte Plaza Market Tampa Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.17M
CAP Approach
CAP
$9.92M
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$7.47M
Owner & transaction history
Sw Tampa LLC · 5 yrs held
Sw Tampa LLC
since 2021
Last sale
$7.0M
1 recorded transaction
Zoning & alternative use
PD-A · 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
$7,685,000
ML approach
$8,170,000
CAP Approach
CAP Return
Estimation
6%
$10,745,000
6.5%
$9,920,000
7%
$9,210,000
Alternative Use
Use
Estimation
RETAIL STORES
$12,085,000
Current use
AUTO REPAIR, GARAGE
$10,505,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,370,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$7.47M
Range $6.72M – $8.21M · ±10% · vs last sale $7.00M (Feb 1 2021)
Last sale anchor
$7.00M
Feb 1 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
$137 / 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
$137,788
Tax year 2023
Assessed value
$6,957,000
Assessed 2023
Previous assessed
$6,673,439
+4.2% YoY
Effective rate
1.98%
On assessed value
Assessed land
$2,197,359
Assessed improvement
$4,759,641
Land market value
$2,197,359
Improvement market value
$4,759,641
Total market value
$6,957,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
54,434 SF
Lot
4.84 ac (210,830 SF)
Zoning code
PD-A
APN
A1327191AP000000000090
UPID
US18-5503943
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD-A · Tampa, FL
Zoning 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
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$12.1M
AUTO REPAIR, GARAGE
Est. value
$10.5M
COMMERCIAL (GENERAL)
Est. value
$10.4M
RETAIL STORES Current
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.84 ac
Current owner
From public records · entity-resolved
Sw Tampa LLC
Entity
Mailing address
8106 STAYTON DR, JESSUP, MD 20794-9622
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2021
$7,000,000
Sw Tampa LLC
Knk Tampa Ltd
Special Warranty Deed
$5,600,000 · Pnc 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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