Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$45,585,000
Hotels
200 Ashley Dr Tampa, FL 33602-5174
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0146426
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
237,286 SF
Lot
2.15 ac (93,729 SF)
Zoning code
CBD-2
APN
A2429184ZI000080000000
UPID
US18-0146426
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
George Steinbrenner Field Resort
-
Lobby Gifts N More Grocery & Convenience Store
-
Coco Jet Ski Rental Tampa (Bike/Boat/Book/etc) Store
-
River's Edge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$46.35M
Blend (final)
Blend
$45.59M
Owner & transaction history
Riverwalk Hotel Property Owner LLC · 3 yrs held
Riverwalk Hotel Property Owner LLC
since 2022
Last sale
$45.0M
7 recorded transactions
Zoning & alternative use
CBD-2 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$64.1M
+47.6%
Neighborhood: shopping center
$61.7M
+42.0%
Retail stores
$52.7M
+21.2%
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
$45,985,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$43,470,000
Current use
MEDICAL BUILDING
$64,145,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$61,730,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$52,685,000
Change: +21% · Conversion: Difficult
AUTO REPAIR, GARAGE
$45,785,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$45.59M
Range $41.03M – $50.14M · ±10% · vs last sale $45.00M (Nov 2 2022)
Last sale anchor
$45.00M
Nov 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
$192 / 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
$617,936
Tax year 2023
Assessed value
$29,881,900
Assessed 2023
Previous assessed
$22,286,700
+34.1% YoY
Effective rate
2.07%
On assessed value
Assessed land
$11,295,807
Assessed improvement
$18,586,093
Land market value
$11,295,807
Improvement market value
$18,586,093
Total market value
$29,881,900
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
7
Units
277
Bathrooms
294
Total area
237,286 SF
Lot
2.15 ac (93,729 SF)
Zoning code
CBD-2
APN
A2429184ZI000080000000
UPID
US18-0146426
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CBD-2 · Tampa, FL
Zoning CBD-2 · permitted uses
CBD-2 · 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
HOTEL/MOTEL Current
Est. value
$43.5M
MEDICAL BUILDING
Est. value
$64.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$61.7M
RETAIL STORES
Est. value
$52.7M
AUTO REPAIR, GARAGE
Est. value
$45.8M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
7
Units
277
Bathrooms
294
Lot
2.15 ac
Current owner
From public records · entity-resolved
Riverwalk Hotel Property Owner LLC
Entity
Mailing address
27 E 28TH ST, NEW YORK, NY 10016-7921
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
$45,000,000
Riverwalk Hotel Property Owner LLC
Insite Tampa Dt LLC
Special Warranty Deed
—
May 29, 2019
—
Insite Tampa Dt LLC
—
Grant Deed
related
$42,000,000 · Marathon Cre 2018-fl1 Reit LLC
Nov 20, 2015
$32,875,000
Insite Tampa Dt LLC
Scgs Reo LLC
Grant Deed
$83,410,000 · Private Individual
Dec 21, 2012
$63,000,000
211 North Tampa LLC
Vef IV Funding LLC
Grant Deed
—
Sep 24, 2007
$33,687
Tampa Riverwalk Hotel LLC
Dhm Tampa Hotel LP
Special Warranty Deed
—
Dec 28, 2004
$17,500,000
Dhm Tampa Hotel
Bayshore Hotel Ltd
Deed Of Trust
related
$20,700,000 · Greenwich Capital Fin'l INC
—
—
Dhm Tampa Hotel
—
Deed Of Trust
related
$1,300,000 · Bank Of America
—
—
211 North Tampa LLC
—
Deed Of Trust
related
$60,300,000 · Nsreit Wf Loan LLC
—
—
Dhm Tampa Hotel
—
Deed Of Trust
related
$22,000,000 · Bank Of America
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?”
You own 200 Ashley Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
