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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Strip malls
4201 Dr Martin Luther King Jr Blvd Tampa, FL 33614-7601
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5323678
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,736 SF
Lot
0.56 ac (24,569 SF)
Zoning code
IG
APN
A0429183IP000031000140
UPID
US18-5323678
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
-
Premier Auto Supplies Auto Repair Shop
-
ENEMY CREATION TAMPA Auto Parts Store
-
Tampa IT Genius Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.37M
Owner & transaction history
Agc LLC · 4 yrs held
Agc LLC
since 2022
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
IG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+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
$1,885,000
ML approach
$1,590,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,015,000
Current use
MEDICAL BUILDING
$2,090,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$1,720,000
Change: -15% · Conversion: Easy
OFFICE BUILDING
$1,680,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.40M (Mar 7 2022)
Last sale anchor
$1.40M
Mar 7 2022
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
$176 / 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
$27,826
Tax year 2023
Assessed value
$1,395,400
Assessed 2023
Previous assessed
$1,395,400
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$414,899
Assessed improvement
$980,501
Land market value
$414,899
Improvement market value
$980,501
Total market value
$1,395,400
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Rooms
5
Bathrooms
1
Total area
7,736 SF
Lot
0.56 ac (24,569 SF)
Zoning code
IG
APN
A0429183IP000031000140
UPID
US18-5323678
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IG · Tampa, FL
Zoning IG · permitted uses
IG · 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
$2.0M
MEDICAL BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Rooms
5
Bathrooms
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Agc LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1802 BELLA LAGO LN, TAMPA, FL 33618-1515
Ownership since
2022
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
Mar 7, 2022
$1,400,000
Agc LLC
Azure Sky Holdings LLC
Warranty Deed
—
May 6, 2019
—
Azure Sky Holdings LLC
—
Deed
related
$1,600,000 · Seacoast Nat'l Bk
Jun 3, 2016
$237,500
Hatdiel Acosta
Ja Santiago Ms Rpt Pa
Warranty Deed
$167,500 · Private Individual
Dec 7, 2015
—
Santiago Ja
Chief Deputy Of Hillsborough Cnty
Trustees Deed
related
—
Jun 28, 2013
$220,000
Royal Palms Realty Of West Florid
Santiago,jose A SR
Warranty Deed
$170,000 · Jose A SR Santiago
—
—
Azure Sky Holdings LLC
—
Deed Of Trust
related
$1,600,000 · Seacoast Nat'l 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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