Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,765,000
Hotels
210 Fowler Ave Tampa, FL 33612-5230
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5924999
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,530 SF
Lot
1.7 ac (74,100 SF)
Zoning code
CG
APN
U122818ZZZ000000863700
UPID
US18-5924999
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
-
The Flame The Chill Spot Nightclub DJ & Entertainment
-
Value Lodge Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.77M
Owner & transaction history
210 East Fowler Ave LLC · 4 yrs held
210 East Fowler Ave LLC
since 2021
Last sale
$7.4M
3 recorded transactions
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.4M
+163.2%
Apartment house (5+ units)
$7.2M
+100.2%
Medical building
$5.3M
+47.6%
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
$8,120,000
ML approach
$8,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,415,000
Change: +163% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,165,000
Change: +100% · Conversion: Difficult
MEDICAL BUILDING
$5,280,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,080,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$7.77M
Range $6.99M – $8.54M · ±10% · vs last sale $7.40M (Dec 30 2021)
Last sale anchor
$7.40M
Dec 30 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
$398 / 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
$7,657
Tax year 2023
Assessed value
$533,400
Assessed 2023
Previous assessed
$274,100
+94.6% YoY
Effective rate
1.44%
On assessed value
Assessed land
$308,212
Assessed improvement
$225,188
Land market value
$308,212
Improvement market value
$225,188
Total market value
$533,400
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Units
46
Rooms
51
Bathrooms
49
Total area
19,530 SF
Lot
1.7 ac (74,100 SF)
Zoning code
CG
APN
U122818ZZZ000000863700
UPID
US18-5924999
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Tampa, FL
Zoning CG · permitted uses
CG · 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
$9.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
MEDICAL BUILDING
Est. value
$5.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.1M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Units
46
Rooms
51
Bathrooms
49
Lot
1.7 ac
Current owner
From public records · entity-resolved
210 East Fowler Ave LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2080 RINGLING BLVD STE #301, SARASOTA, FL 34237-7098
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$6,400,000
210 East Fowler Ave LLC
Rore Investment Capital LLC
Warranty Deed
—
Jun 8, 2020
$5,500,000
Rore Investment Capital LLC
Csps Hotel INC
Warranty Deed
$5,000,000 · Csps Hotel INC
—
—
Csps Hotel INC
—
Deed Of Trust
related
$1,460,000 · Whitney Bank
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 210 Fowler Ave?
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.
