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Property profile & analytics
OFF-MARKET
Estimated value
$14,200,000
Hotels
2807 Busch Blvd Tampa, FL 33612-8729
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0831410
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,216 SF
Lot
2.39 ac (104,147 SF)
Zoning code
CG
APN
A20281945P000000000420
UPID
US19-0831410
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
-
Innerglow Therapy Crisis Center Medical Clinic
-
Shining 3D Technology Inc Tampa Production Facility (Bike/Boat/Book/etc) Store
-
Healthcare Technical Staffing, LLC Employment Agency
-
Devereux Building (NCC) Corporate Office
-
DoctorsRx Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.76M
Blend (final)
Blend
$14.20M
Owner & transaction history
Blessed Dream Real Estate LLC · 2 yrs held
Blessed Dream Real Estate LLC
since 2024
Last sale
$14.2M
7 recorded transactions
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$17.9M
+47.6%
Neighborhood: shopping center
$17.2M
+42.0%
Retail stores
$14.7M
+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
$14,200,000
ML approach
$14,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$12,130,000
Current use
MEDICAL BUILDING
$17,900,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$17,225,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$14,700,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$13,970,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,775,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$14.20M
Range $12.78M – $15.62M · ±10% · vs last sale $14.20M (Jan 25 2024)
Last sale anchor
$14.20M
Jan 25 2024
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
$214 / 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
$117,528
Tax year 2023
Assessed value
$6,736,400
Assessed 2023
Previous assessed
$5,427,200
+24.1% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,387,790
Assessed improvement
$5,348,610
Land market value
$1,387,790
Improvement market value
$5,348,610
Total market value
$6,736,400
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
4
Units
123
Bathrooms
2
Total area
66,216 SF
Lot
2.39 ac (104,147 SF)
Zoning code
CG
APN
A20281945P000000000420
UPID
US19-0831410
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
HOTEL/MOTEL Current
Est. value
$12.1M
MEDICAL BUILDING
Est. value
$17.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.2M
RETAIL STORES
Est. value
$14.7M
OFFICE BUILDING
Est. value
$14.0M
AUTO REPAIR, GARAGE
Est. value
$12.8M
HOTEL/MOTEL Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
4
Units
123
Bathrooms
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
Blessed Dream Real Estate LLC
Entity
Mailing address
2807 E BUSCH BLVD, TAMPA, FL 33612-8729
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2024
$14,200,000
Blessed Dream Real Estate LLC
Tt1 Hie Tampa LLC
Special Warranty Deed
$12,475,000 · Barclays Capital Real Estate INC
Sep 13, 2018
$6,329,100
Tt1 Hie Tampa LLC
Crefiii Waramaug Busch Gardens LLC
Special Warranty Deed
$9,052,000 · Inwood National Bank
Apr 30, 2015
$8,038,800
Crefiii Waramaug Busch Gardens LLC
Liberty Busch Gardens LLC
Special Warranty Deed
—
Sep 13, 2007
—
Liberty Busch Gardens LLC
Liberty Sebring INC
Quit Claim Deed
related
$9,065,000 · Synovus Bank Of Tampa Bay
Nov 7, 2006
$1,013,500
Liberty Sebring INC
Tampa Real Estate Holdings LLC
Grant Deed
$1,000,000 · Signature Bank
Mar 13, 2003
$725,000
Tampa Real Estate Holdings LLC
Don Pablos Operating Corp
Grant Deed
related
—
Jun 21, 1996
$1,100,000
D F & R Operating Company INC
Tung-tung INC
Grant Deed
—
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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