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Property profile & analytics
OFF-MARKET
Office buildings
306 Bullard Pkwy Temple Terrace, FL 33617-5514
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US18-5536062
Property summary
AI-generated overview
This exceptional Temple Terrace office space offers a variety of suites, ranging from 122 to 704 square feet, perfect for businesses seeking a professional image. Located at 306 Bullard Pkwy, 33617, this property boasts two buildings, originally constructed in 1922 and extensively renovated in 2016. The suites are available in a multiple tenancy arrangement, providing flexibility for various business needs. Enjoy stunning golf course views from select offices. Amenities include access to common areas, a conference room, a break room, and free on-site parking. The building offers 24/7 secured access and features a professional live receptionist. High-speed internet is included in the modified lease. A larger 700 sq ft office is also available, featuring a private lobby and bathroom. The property's location in the Temple Terrace, USF, Department of Veterans Affairs submarket provides convenient access to major transportation routes and a diverse workforce. This is an ideal location for businesses seeking a prestigious and well-equipped workspace.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,296 SF
Lot
0.72 ac (31,500 SF)
Zoning code
PD
APN
T22281955Z0000C2000011
UPID
US18-5536062
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Krave Heritage LLC · 15 yrs held
Krave Heritage LLC
since 2011
7 recorded transactions
Zoning & alternative use
PD · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Temple Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Terrace 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)
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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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,163
Tax year 2023
Assessed value
$652,600
Assessed 2023
Previous assessed
$587,900
+11.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$283,500
Assessed improvement
$369,100
Land market value
$283,500
Improvement market value
$369,100
Total market value
$652,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
13
Bathrooms
2
Total area
2,296 SF
Lot
0.72 ac (31,500 SF)
Zoning code
PD
APN
T22281955Z0000C2000011
UPID
US18-5536062
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Temple Terrace, FL
Zoning PD · permitted uses
PD · Temple Terrace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Temple Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
13
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Krave Heritage LLC
Entity
Mailing address
306 BULLARD PKWY, TEMPLE TERRACE, FL 33617-5514
Ownership since
2011
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
Jun 1, 2011
$300,000
Krave Heritage LLC
Ramos & Associates LLC
Warranty Deed
$225,000 · Synovus Bank
Dec 16, 1999
$316,500
Ramos & Associates INC
Hardy,miles W & Patricia K
Grant Deed
$284,000 · Seller
—
—
Krave Heritage LLC
—
Deed Of Trust
related
$85,630 · Regions Bank
—
—
Krave Heritage LLC
—
Deed Of Trust
related
$168,029 · Regions Bank
—
—
Ramos & Associates INC
—
Deed Of Trust
related
$295,000 · Mercantile Bank
—
—
Ramos & Associates INC
—
Deed Of Trust
related
$317,000 · Wachovia Bank NA
—
—
Ramos & Associates INC
—
Deed Of Trust
related
$116,049 · Wachovia Bank NA
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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