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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Retail space
4183 Hillsborough Ave, Tampa, FL 33610-5242
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5857411
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,890 SF
Lot
0.76 ac (33,300 SF)
Zoning code
RS-50
APN
A042919ZZZ000005712400
UPID
US18-5857411
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
-
Janitor's Closet - Buy Janitorial Direct Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Tradesman Heights Development LLC · 1 yrs held
Tradesman Heights Development LLC
since 2024
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
RS-50 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+195.7%
Medical building
$1.9M
+156.9%
Neighborhood: shopping center
$1.8M
+147.2%
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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
$1,325,000
6.5%
$1,220,000
7%
$1,135,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,145,000
Change: +196% · Conversion: Easy
MEDICAL BUILDING
$1,865,000
Change: +157% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,790,000
Change: +147% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,330,000
Change: +83% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,205,000
Change: +66% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Oct 23 2024)
Last sale anchor
$1.50M
Oct 23 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
$218 / 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
$9,555
Tax year 2023
Assessed value
$456,361
Assessed 2023
Previous assessed
$407,619
+12.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$249,750
Assessed improvement
$206,611
Land market value
$249,750
Improvement market value
$206,611
Total market value
$456,361
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
3
Rooms
3
Total area
6,890 SF
Lot
0.76 ac (33,300 SF)
Zoning code
RS-50
APN
A042919ZZZ000005712400
UPID
US18-5857411
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RS-50 · Tampa, FL
Zoning RS-50 · permitted uses
RS-50 · 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
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
3
Rooms
3
Lot
0.76 ac
Current owner
From public records · entity-resolved
Tradesman Heights Development LLC
Entity
Mailing address
7005 RIVERGATE AVE, TEMPLE TERRACE, FL 33637-0917
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2024
$1,500,000
Tradesman Heights Development LLC
Lisa A Robinson
Warranty Deed
$1,350,000 · Century Bank Of Florida
Mar 23, 2012
—
Lisa A Robinson
Robinson,gregory A
Quit Claim Deed
related
—
Dec 31, 1997
$161,142
Gregory A Robinson
Robinson,gaylord P & Jean H
Grant Deed
related
$160,000 · Barnett Bank
—
—
Lisa A Robinson
—
Deed Of Trust
related
$276,000 · Bank Of Tampa
—
—
Gregory A Robinson
—
Deed Of Trust
related
$50,000 · Southtrust Bank NA
—
—
Gregory A Robinson
—
Deed Of Trust
related
$267,282 · Bank Of America
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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