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Property profile & analytics
FOR SALE
Office buildings
4409 W El Prado Blvd Tampa, FL 33629
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US19-0507209
For Sale
1 / 15
$1,799,000
4409 W El Prado Blvd, Tampa, FL 33629
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,410 SF
Lot
0.16 ac (6,985 SF)
Zoning code
RO
APN
A3229183TG000000001760
UPID
US19-0507209
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
-
Study Hall Research Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$940k
Owner & transaction history
R Squared Holdings LLC · 12 yrs held
R Squared Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
RO · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
dard, you can develop and use property as allowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and…
Zone name
Residential Office
General category
MIXED_USE
Zone area
41.33 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$213 / 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
$12,357
Tax year 2023
Assessed value
$860,000
Assessed 2023
Previous assessed
$689,000
+24.8% YoY
Effective rate
1.44%
On assessed value
Assessed land
$349,250
Assessed improvement
$510,750
Land market value
$349,250
Improvement market value
$510,750
Total market value
$860,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
4
Rooms
4
Total area
4,410 SF
Lot
0.16 ac (6,985 SF)
Zoning code
RO
APN
A3229183TG000000001760
UPID
US19-0507209
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RO · Tampa, FLZoning RO · permitted uses
RO · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
dard, you can develop and use property as allowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 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-C
Zone name
Residential Office
General category
MIXED_USE
Zone area
41.33 ac
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Rooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
R Squared Holdings LLC
Entity
Mailing address
6107 SAVANNAH BAY CT, TAMPA, FL 33611-4945
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2014
$378,500
R Squared Holdings LLC
Special Operations Warrior Fou
Warranty Deed
related
$225,000 · Gulfshore Bk
Jul 27, 2004
$385,000
Operation Warrior Foun Special
Toho Shipping USA INC
Grant Deed
—
Dec 12, 1998
$250,000
Johnson,n F & Margaret M
Petitt,judith K
Trustees Deed
—
Dec 12, 1998
$175,000
Toho Shipping USA INC
Johnson,n F & Margaret M
Trustees Deed
—
—
—
R Squared Holdings LLC
—
Deed Of Trust
related
$225,000 · Gulfshore Bk
—
—
Toho Shipping USA INC
—
Deed Of Trust
related
$150,000 · Bank Of Tampa
—
—
Toho Shipping USA INC
—
Deed Of Trust
related
$100,000 · Bank Of Tampa
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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