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Property profile & analytics
FOR LEASE
Office buildings
1925 E 2Nd Ave Tampa, FL 33605
Entity Owned
14-yr Hold
Property ID
US18-4975463
For Lease
1 / 6
$6,490,000
1925 E 2Nd Ave, Tampa, FL 33605
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,736 SF
Lot
1.26 ac (55,000 SF)
Zoning code
YC-7
APN
A1829194WQ000019000010
UPID
US18-4975463
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
-
Bennett, Jacobs & Adams P.A. Law Firm Insurance Agency
-
SOFWERX Charitable Organization Social Service Agency
-
Church Network Hub Church
-
Patrick's Office Corporate Office
-
Nicole Marchman Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$6.49M
Owner & transaction history
Bs One LLC · 14 yrs held
Bs One LLC
since 2012
Last sale
$10,000
7 recorded transactions
Zoning & alternative use
YC-7 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.49M
Range $5.84M – $7.14M · ±10% · vs last sale $10k (Feb 27 2020)
Last sale anchor
$10k
Feb 27 2020
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
$133 / 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
$109,576
Tax year 2023
Assessed value
$5,986,100
Assessed 2023
Previous assessed
$5,555,400
+7.8% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,093,180
Assessed improvement
$4,892,920
Land market value
$1,093,180
Improvement market value
$4,892,920
Total market value
$5,986,100
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Rooms
14
Total area
48,736 SF
Lot
1.26 ac (55,000 SF)
Zoning code
YC-7
APN
A1829194WQ000019000010
UPID
US18-4975463
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
YC-7 · Tampa, FL
Zoning YC-7 · permitted uses
YC-7 · 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
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Rooms
14
Lot
1.26 ac
Current owner
From public records · entity-resolved
Bs One LLC
Entity
Mailing address
PO BOX 3300, TAMPA, FL 33601-3300
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2012
—
Bs One LLC
Diaz,joseph L
Quit Claim Deed
related
—
Dec 6, 2011
—
Joseph L Diaz
Diaz,rosie C & Joseph L
Quit Claim Deed
related
—
Feb 9, 2006
—
Bs One LLC
—
Trustees Deed
related
$985,558 · Colonial Bank
Oct 6, 2005
$2,341,500
One Bs
Celeiro,armando P & Iraida
Grant Deed
$1,990,275 · Colonial Bank
Oct 13, 2004
—
Romana A Diaz
Diaz,romana A
Quit Claim Deed
related
—
Aug 4, 1998
$600,000
Armando P Celerio
Callum,floyd J & Inez M
Grant Deed
$560,000 · Seller
—
—
Bs One LLC
—
Deed Of Trust
related
$2,800,000 · Branch Banking & Trust Co
—
—
Bs One LLC
—
Deed Of Trust
related
$200,000 · Usameribank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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