Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,200,000
Distribution centers
4450 Adamo Dr Tampa, FL 33605-5939
Entity Owned
15-yr Hold
Free & Clear
Property ID
US18-0950052
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
47,208 SF
Lot
4.12 ac (179,358 SF)
Zoning code
IH
APN
A162919ZZZ000005807100
UPID
US18-0950052
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
-
Neighbor Care Pharmacy Pharmacy
-
Apollo Retail Specialists Handyman/Handywoman/Handyperson Business To Business Service
-
Contract Furniture, Inc. Showroom Furniture & Home Goods
-
Citywide HVAC Services HVAC Service General Contractor
-
Fortune Energy Florida Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.79M
Blend (final)
Blend
$5.20M
Owner & transaction history
Bre Of Fl Tampa Indl Props LLC · 15 yrs held
Bre Of Fl Tampa Indl Props LLC
since 2010
6 recorded transactions
Zoning & alternative use
IH · 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
WAREHOUSE, STORAGE
$5,950,000
Current use
Blend value · Realmo final
$5.20M
Range $4.68M – $5.72M · ±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
$110 / 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
$77,965
Tax year 2023
Assessed value
$3,952,500
Assessed 2023
Previous assessed
$3,335,000
+18.5% YoY
Effective rate
1.97%
On assessed value
Assessed land
$307,897
Assessed improvement
$3,644,603
Land market value
$307,897
Improvement market value
$3,644,603
Total market value
$3,952,500
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Rooms
24
Total area
47,208 SF
Lot
4.12 ac (179,358 SF)
Zoning code
IH
APN
A162919ZZZ000005807100
UPID
US18-0950052
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IH · Tampa, FL
Zoning IH · permitted uses
IH · 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
WAREHOUSE, STORAGE Current
Est. value
$6.0M
WAREHOUSE, STORAGE 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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Rooms
24
Lot
4.12 ac
Current owner
From public records · entity-resolved
Bre Of Fl Tampa Indl Props LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2010
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
Dec 17, 2025
—
Ecp Commerce Property LLC
—
Deed
related
$69,714,000 · Gid Credit Usb Lender LLC
Oct 4, 2019
—
Icon Tampa Indl Owner Pool
—
Deed
related
$385,000 · Deutsche Bk Ag/ny Branch
Nov 29, 2010
$2,256,273
Bre Of Fl Tampa Indl Props LLC
Prologis
Grant Deed
—
Jul 7, 2009
—
Pldspe LLC
Prologis Trust
Grant Deed
$25,739,126 · Citicorp North America
Dec 15, 1997
$10,560,300
Industrial LP First
Thompson Center Adamo LP
Grant Deed
related
—
—
—
Icon Tampa Indl Owner Pool
—
Loan Modification
related
$385,000 · Deutsche Bk Ag/ny Branch
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4450 Adamo Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
