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Property profile & analytics
OFF-MARKET
Estimated value
$215,000
Commercial land
2323 Nassau St Tampa, FL 33607-5335
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-0169850
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1962
Total area
1,091 SF
Lot
0.12 ac (5,415 SF)
Zoning code
PD
APN
A1429184PE000006000180
UPID
US18-0169850
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$215k
Owner & transaction history
Cigar Factory Tampa LLC · 9 yrs held
Cigar Factory Tampa LLC
since 2016
7 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning comp…
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
6,502.01 ac
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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$215k
Range $194k – $237k · ±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
$197 / 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
$1,559
Tax year 2023
Assessed value
$81,225
Assessed 2023
Previous assessed
$81,225
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$81,225
Land market value
$81,225
Total market value
$81,225
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,091 SF
Lot
0.12 ac (5,415 SF)
Zoning code
PD
APN
A1429184PE000006000180
UPID
US18-0169850
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FLZoning PD · permitted uses
PD · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning compliance permit which together meet all applicable requirements for development. Sec
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
6,502.01 ac
Building & site characteristics
From public records
Year built
1962
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Cigar Factory Tampa LLC
Entity
Mailing address
45 LOUIS PRIMA DR, COVINGTON, LA 70433-5904
Ownership since
2016
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 16, 2016
$1,400,000
Cigar Factory Tampa LLC
1202 North Howard Avenue LLC
Grant Deed
—
Dec 30, 2014
—
1202 North Howard Avenue LLC
Intelident Solutions INC
Grant Deed
related
—
Jul 28, 2009
—
Intellident Solutions INC
Garcia,ana
Grant Deed
related
—
Jul 21, 2009
$150,000
Intelident Solutions INC
Garcia,ana
Grant Deed
related
—
May 8, 2009
—
Intelident Solutions INC
—
Deed Of Trust
related
$3,244,500 · Regions Bank
Jan 31, 2007
$150,000
Intelident Solutions INC
Garcia,ana
Warranty Deed
—
Apr 7, 2003
$80,000
Ana Garcia
Fernandez,brenda L
Grant Deed
$80,000 · Master Financial INC
—
—
Brenda L Fernandez
—
Deed Of Trust
related
$8,000 · Tom P Martino INC
—
—
Brenda L Fernandez
—
Deed Of Trust
related
$17,000 · Tom P Martino INC
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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