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Property profile & analytics
OFF-MARKET
Estimated value
$4,230,000
Grocery and convenience stores
2325 Fletcher Ave Tampa, FL 33612-9405
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5258211
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2016
Construction
STEEL FRAME
Total area
6,415 SF
Lot
2.21 ac (96,441 SF)
Zoning code
CG
APN
U082819ZZZ000001297600
UPID
US18-5258211
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
-
AmeriGas Propane Exchange Propane Supplier
-
Wawa Restaurant Take-out & Catering
-
Amazon Locker - Cesare Courier Service Postal Service
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.17M
Blend (final)
Blend
$4.23M
Owner & transaction history
Wawa 2325 E Fletcher Avenue LLC · 2 yrs held
Wawa 2325 E Fletcher Avenue LLC
since 2023
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+85.3%
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
$4,080,000
ML approach
$4,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,095,000
Change: +85% · Conversion: Difficult
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±10% · vs last sale $4.39M (Dec 6 2023)
Last sale anchor
$4.39M
Dec 6 2023
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
$659 / 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
$49,099
Tax year 2023
Assessed value
$2,912,811
Assessed 2023
Previous assessed
$2,639,463
+10.4% YoY
Effective rate
1.69%
On assessed value
Assessed land
$1,293,486
Assessed improvement
$1,619,325
Land market value
$1,293,486
Improvement market value
$1,619,325
Total market value
$2,912,811
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Total area
6,415 SF
Lot
2.21 ac (96,441 SF)
Zoning code
CG
APN
U082819ZZZ000001297600
UPID
US18-5258211
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
$3.1M
RESTAURANT
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
2016
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
4
Lot
2.21 ac
Current owner
From public records · entity-resolved
Wawa 2325 E Fletcher Avenue LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4000 HOLLYWOOD BLVD STE 765S, HOLLYWOOD, FL 33021-6771
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
$4,392,500
Wawa 2325 E Fletcher Avenue LLC
2313 East Fletcher Avenue Owner I L
Warranty Deed
—
May 6, 2016
$4,895,000
2313 East Fletcher Avenue Owner I L
Bw Fletcher Livingston LLC
Special Warranty Deed
$29,000,000 · Stonegate Bank
Dec 24, 2014
$1,450,000
Bw Fletcher Livingston LLC
Mha 2317 LLC
Grant Deed
$2,510,000 · Stonegate Bk
Mar 9, 2006
—
Mha2317 LLC
Robert E Valdez SR.
Warranty Deed
$185,000 · Banco Popular North America
May 20, 2004
$163,000
Robert E Valdez
Valdez,robert E
Grant Deed
related
$616,000 · Palm Bank
Jul 1, 2003
$175,000
Robert E Valdez
Mizrah,isaac Est
Grant Deed
$169,000 · United Bank & Trust Co
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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