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Property profile & analytics
OFF-MARKET
Estimated value
$4,170,000
Banks
408 Macdill Ave Tampa, FL 33609-3037
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2263539
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,338 SF
Lot
0.49 ac (21,154 SF)
Zoning code
PD
APN
A2229183NG000000000060
UPID
US18-2263539
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
-
Gina Dionisio, Mortgage Loan Originator, LMCU, NMLS# 1891262 Loan Service Bank
-
Matt Russell, Mortgage Loan Originator, LMCU, NMLS# 365641 Loan Service Bank
-
Lauren Rosetti | SouthState Mortgage Loan Service Bank
-
LMCU Credit Union
-
Todd Wolffis, Mortgage Loan Officer, Lake Michigan Credit Union, NMLS# 139079 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$4.17M
Owner & transaction history
D & J Florida Property LLC · 5 yrs held
D & J Florida Property LLC
since 2021
Last sale
$3.8M
6 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
$4,170,000
ML approach
$4,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.17M
Range $3.75M – $4.59M · ±10% · vs last sale $3.80M (Jul 16 2021)
Last sale anchor
$3.80M
Jul 16 2021
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
$961 / 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
$34,689
Tax year 2023
Assessed value
$1,758,600
Assessed 2023
Previous assessed
$1,758,700
0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,052,402
Assessed improvement
$706,198
Land market value
$1,052,402
Improvement market value
$706,198
Total market value
$1,758,600
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
4,338 SF
Lot
0.49 ac (21,154 SF)
Zoning code
PD
APN
A2229183NG000000000060
UPID
US18-2263539
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
D & J Florida Property LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1686 W PR HL DR, BLUFFDALE, UT 84065-5174
Ownership since
2021
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
Jul 16, 2021
$3,800,000
D & J Florida Property LLC
Bdg Macdill LLC
Special Warranty Deed
—
May 26, 2021
—
Bdg Macdill LLC
—
Deed
related
$500,000 · Pilot Bank
Dec 23, 2020
$1,515,000
Bdg Macdill LLC
South State Bank NA
Special Warranty Deed
—
May 8, 2001
$565,000
3020 Azeele INC
Lifepath Hospice & Palliative
Grant Deed
—
May 8, 2001
$623,900
Platinum Bank
3020 Azeele INC
Grant Deed
related
—
Oct 10, 2000
$4,000
Tampa City (fl)
Lifepath 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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