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Property profile & analytics
OFF-MARKET
Estimated value
$5,215,000
Hotels
4500 Cypress St Tampa, FL 33607-4009
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US19-0532387
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
136,360 SF
Lot
8.76 ac (381,379 SF)
Zoning code
OP-1
APN
A2029183K6000008000010
UPID
US19-0532387
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
-
Nelson's CPR & First Aid Training, LLC. Training Center
-
DoubleTree by Hilton Hotel Tampa Airport - Westshore Hotel & Motel
-
Snelling Personnel Services Employment Agency
-
Amtrak station Train Depot
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.22M
Owner & transaction history
State Of Florida Dept & Transportat · 10 yrs held
State Of Florida Dept & Transportat
since 2015
5 recorded transactions
Zoning & alternative use
OP-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / 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
Assessed value
$35,011,300
Assessed 2023
Previous assessed
$26,461,300
+32.3% YoY
Assessed land
$6,967,794
Assessed improvement
$28,043,506
Land market value
$6,967,794
Improvement market value
$28,043,506
Total market value
$35,011,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
6
Stories
5
Units
165
Rooms
462
Bathrooms
459
Total area
136,360 SF
Lot
8.76 ac (381,379 SF)
Zoning code
OP-1
APN
A2029183K6000008000010
UPID
US19-0532387
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
OP-1 · Tampa, FL
Zoning OP-1 · permitted uses
OP-1 · 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.
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
5
Buildings
6
Units
165
Rooms
462
Bathrooms
459
Lot
8.76 ac
Current owner
From public records · entity-resolved
State Of Florida Dept & Transportat
Entity
Mailing address
11201 MCKINLEY DR, TAMPA, FL 33612-6456
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2015
—
State Of Florida Dept & Transportat
Bre Imagination Hotel Owner Ll
Grant Deed
—
Aug 12, 2015
$35,653,000
Bre Imagination Hotel Owner Ll
Leeward Strategic Props INC
Grant Deed
—
Jul 15, 2009
—
Shamrock-hostmark Tampa Westsh
—
Deed Of Trust
related
$37,000,000 · General Electric Capital Corp
Sep 21, 2007
$26,375,000
Shamrock-hostmark Tampa Westsh
Encore Tampa Westshore LLC
Deed Of Trust
$37,000,000 · General Electric Capital Corp
Feb 15, 2006
$25,600,000
Encore Tampa Westshore LLC
Meristar Hospitality Operating
Grant Deed
$24,680,000 · Wachovia Bank NA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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