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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Showrooms
4169 Hillsborough Ave, Tampa, FL 33610-5270
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-8540127
Property summary
AI-generated overview
This exceptional 16,000-square-foot warehouse, situated on 1.12 acres in Hillsborough County, presents a unique leasing opportunity. Built in 1985, the single-story building boasts a desirable location on Hillsborough Avenue, offering excellent visibility and accessibility. The property is zoned CI (Commercial Intensive), allowing for a wide range of heavy industrial uses. The warehouse is currently fully vacant and divisible into smaller suites, ranging from a minimum of 2,000 square feet to a maximum contiguous space of 16,000 square feet. Five individual suites are available, providing flexibility for various business needs. Features include seven convenient drive-in doors, ample parking, a fenced storage area, and a generous 18'6" ceiling height. This prime East Tampa location offers a compelling opportunity for businesses seeking a functional and strategically located warehouse space. The property's size and zoning make it ideal for a variety of industrial and commercial uses. Contact us today to learn more about this exceptional warehouse opportunity.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Construction
STEEL FRAME
Total area
16,068 SF
Lot
1.09 ac (47,286 SF)
Zoning code
CI
APN
A042919ZZZ000005712500
UPID
US18-8540127
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
-
Dan Dan The Carpet Man - Carpet Cleaning Tampa Carpet Cleaning Service
-
Mr Roofer Inc Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.54M
Owner & transaction history
Hills 4169 LLC · 1 yrs held
Hills 4169 LLC
since 2025
3 recorded transactions
Zoning & alternative use
CI · Tampa, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,495,000
Current use
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10%
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
$96 / 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
$13,933
Tax year 2023
Assessed value
$758,900
Assessed 2023
Previous assessed
$648,000
+17.1% YoY
Effective rate
1.84%
On assessed value
Assessed land
$354,645
Assessed improvement
$404,255
Land market value
$354,645
Improvement market value
$404,255
Total market value
$758,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Rooms
2
Total area
16,068 SF
Lot
1.09 ac (47,286 SF)
Zoning code
CI
APN
A042919ZZZ000005712500
UPID
US18-8540127
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
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
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
1985
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Rooms
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Hills 4169 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
9732 N 56TH ST, TEMPLE TERRACE, FL 33617-5508
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
—
Hills 4169 LLC
Frank M Chillura
Warranty Deed
—
May 12, 2025
—
Frank M Chillura
East Hillsborough Avenue Holdings L
Warranty Deed
—
Feb 10, 2006
—
Hillsborough Avenue Holdi East
Urso,rosalia
Warranty 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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