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Property profile & analytics
OFF-MARKET
Estimated value
$5,650,000
Manufacturing properties
2211 38th St Tampa, FL 33605-4550
Entity Owned
28-yr Hold
Free & Clear
Property ID
US18-4532533
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
STEEL FRAME
Total area
38,256 SF
Lot
1.67 ac (72,722 SF)
Zoning code
IG
APN
A1629194CZ000033000001
UPID
US18-4532533
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
-
CCC Powder Coating Powder Coating Service Sandblasting Service
-
CCC Wholesale signs LLC (Bike/Boat/Book/etc) Store Printing Service
-
Craig Paints Bikes Motorcycle Shop
-
Dynotec Plastics Inc Factory Production Facility
-
Hoesch Industries Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.15M
Comparable Approach
Comparable
$5.37M
Blend (final)
Blend
$5.65M
Owner & transaction history
DJRK LIMITED
DJRK LIMITED
Zoning & alternative use
IG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.5M
+27.0%
Auto repair, garage
$7.4M
+10.3%
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%
$7,745,000
6.5%
$7,150,000
7%
$6,635,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,690,000
Current use
RETAIL STORES
$8,495,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,380,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$5.65M
Range $5.09M – $6.22M · ±10%
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
$148 / 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
$24,918
Tax year 2023
Assessed value
$1,340,500
Assessed 2023
Previous assessed
$1,131,600
+18.5% YoY
Effective rate
1.86%
On assessed value
Assessed land
$987,907
Assessed improvement
$352,593
Land market value
$987,907
Improvement market value
$352,593
Total market value
$1,340,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
5
Total area
38,256 SF
Lot
1.67 ac (72,722 SF)
Zoning code
IG
APN
A1629194CZ000033000001
UPID
US18-4532533
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IG · Tampa, FL
Zoning IG · permitted uses
IG · 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
INDUSTRIAL (GENERAL) Current
Est. value
$6.7M
RETAIL STORES
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$7.4M
INDUSTRIAL (GENERAL) Current
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
1976
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
5
Lot
1.67 ac
Current owner
From public records · entity-resolved
DJRK LIMITED
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 1008, TAMPA, FL 33601-1008
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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