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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Showrooms
4505 56th St, Tampa, FL 33610-7109
Entity Owned
5-yr Hold
Free & Clear
Property ID
US19-0424934
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Construction
STEEL FRAME
Total area
24,740 SF
Lot
1.92 ac (83,635 SF)
Zoning code
M
APN
U032919ZZZ000001446500
UPID
US19-0424934
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
-
JMP Motors LLC Car Dealership
-
Proven Power Auto Repair Shop
-
Flo Elite Cleaning Specialists LLC General Contractor
-
Florida Gaylord Boxes Distribution Center
-
Mack's Movers Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Elevated Land Holdings INC · 5 yrs held
Elevated Land Holdings INC
since 2021
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
M · 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
$1,625,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.48M (May 11 2021)
Last sale anchor
$1.48M
May 11 2021
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
$62 / 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
$26,622
Tax year 2023
Assessed value
$1,535,000
Assessed 2023
Previous assessed
$1,307,600
+17.4% YoY
Effective rate
1.73%
On assessed value
Assessed land
$438,063
Assessed improvement
$1,096,937
Land market value
$438,063
Improvement market value
$1,096,937
Total market value
$1,535,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
4
Total area
24,740 SF
Lot
1.92 ac (83,635 SF)
Zoning code
M
APN
U032919ZZZ000001446500
UPID
US19-0424934
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Tampa, FL
Zoning M · permitted uses
M · 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
1971
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
4
Lot
1.92 ac
Current owner
From public records · entity-resolved
Elevated Land Holdings INC
Entity
Free & Clear · 5 yrs held
Mailing address
4505 N 56TH ST, TAMPA, FL 33610-7109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Apr 1, 2024
—
Elevated Land Holdings INC
—
Deed
related
$250,000 · Dfcu Financial
May 11, 2021
$1,480,000
Elevated Land Holdings INC
4505 N 56th St LLC
Special Warranty Deed
—
Apr 5, 2012
$450,000
4505 N 56th St LLC
Scott,elmer R & Carole L
Warranty Deed
$300,000 · Scott Elmer & Carole Tr (pt)
Jan 26, 2012
—
Scott Elmer R & Carole L Trust
Scott,gregory J
Quit Claim Deed
related
—
Oct 18, 2006
—
Scott Elmer R & Carole L Trust
Scott,elmer R
Quit Claim Deed
related
—
Mar 24, 2004
$175,000
Gregory J Scott
Wilkerson,tr
Grant Deed
—
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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