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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Strip malls
4123 Hillsborough Ave Tampa, FL 33614-5609
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2873371
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,100 SF
Lot
0.79 ac (34,375 SF)
Zoning code
CI
APN
A332818ZZZ000005402700
UPID
US18-2873371
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
-
Signs USA Inc (Bike/Boat/Book/etc) Store Printing Service
-
Zoni Language Centers Language School Training Center
-
Trust Pharmacy 5 Pharmacy
-
Demesmin and Dover Law Firm Law Firm
-
Los Neon (Bike/Boat/Book/etc) Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.27M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$2.75M
Blend (final)
Blend
$2.19M
Owner & transaction history
Zoni Language Centers Florida LLC · 2 yrs held
Zoni Language Centers Florida LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+41.0%
Medical building
$2.2M
+3.9%
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
$2,300,000
ML approach
$2,270,000
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,105,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,970,000
Change: +41% · Conversion: Difficult
MEDICAL BUILDING
$2,190,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$1,800,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$1,755,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10% · vs last sale $2.10M (Oct 19 2023)
Last sale anchor
$2.10M
Oct 19 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
$270 / 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
$23,996
Tax year 2023
Assessed value
$1,215,300
Assessed 2023
Previous assessed
$1,215,300
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$412,500
Assessed improvement
$802,800
Land market value
$412,500
Improvement market value
$802,800
Total market value
$1,215,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
3
Rooms
3
Bathrooms
3
Total area
8,100 SF
Lot
0.79 ac (34,375 SF)
Zoning code
CI
APN
A332818ZZZ000005402700
UPID
US18-2873371
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FL
Zoning CI · permitted uses
CI · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
3
Rooms
3
Bathrooms
3
Lot
0.79 ac
Current owner
From public records · entity-resolved
Zoni Language Centers Florida LLC
Entity
Mailing address
4123 W HILLSBOROUGH AVE STE A, TAMPA, FL 33614-5609
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$2,100,000
Zoni Language Centers Florida LLC
Signs USA INC
Warranty Deed
—
Aug 29, 2022
—
Signs USA INC
—
Deed
related
$200,000 · Whitney Bank
May 8, 2020
—
Signs USA INC
—
Deed
related
$100,000 · Hancock Whitney Bk
Oct 3, 2017
—
Signs USA INC
—
Deed
related
$1,250,000 · Whitney Bk
Oct 31, 2006
—
Signs USA INC
—
Trustees Deed
related
$783,568 · Bank Of America
Oct 4, 1999
$350,000
Signs USA INC
Bermaclin Company LLC
Grant Deed
$198,000 · Nationsbank
—
—
Signs USA INC
—
Deed Of Trust
related
$100,000 · Hancock Whitney Bk
—
—
Signs USA INC
—
Deed Of Trust
related
$1,250,000 · Whitney Bk
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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