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Property profile & analytics
OFF-MARKET
Office buildings
4508 Armenia Ave Tampa, FL 33603-2732
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-0087080
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,875 SF
Lot
0.19 ac (8,400 SF)
Zoning code
RO-1
APN
A0329183IB000000000700
UPID
US18-0087080
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Zimmer Boling LLC · 20 yrs held
Zimmer Boling LLC
since 2006
7 recorded transactions
Zoning & alternative use
RO-1 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
, 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 •…
Zone name
Residential Office
General category
MIXED_USE
Zone area
198.61 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,815
Tax year 2023
Assessed value
$336,300
Assessed 2023
Previous assessed
$326,800
+2.9% YoY
Effective rate
2.03%
On assessed value
Assessed land
$92,400
Assessed improvement
$243,900
Land market value
$92,400
Improvement market value
$243,900
Total market value
$336,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
1,875 SF
Lot
0.19 ac (8,400 SF)
Zoning code
RO-1
APN
A0329183IB000000000700
UPID
US18-0087080
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RO-1 · Tampa, FLZoning RO-1 · permitted uses
RO-1 · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
, 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-CG, SH-
Zone name
Residential Office
General category
MIXED_USE
Zone area
198.61 ac
Building & site characteristics
From public records
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Zimmer Boling LLC
Entity
Mailing address
4508 N ARMENIA AVE, TAMPA, FL 33603-2732
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2006
$430,000
Zimmer Boling LLC
Vila,clemencia
Warranty Deed
$365,500 · Palm Bank
Mar 11, 2004
$200,000
Pensco,tr
Cooper,samson P
Grant Deed
—
Oct 14, 2003
$40,000
Tom P Martino INC
Cooper,paul R
Grant Deed
—
—
—
Paul R Cooper
—
Deed Of Trust
related
$10,075 · Huntington National Bank
—
—
Paul R Cooper
—
Deed Of Trust
related
$93,000 · Amsouth Bank
—
—
Paul R Cooper
—
Deed Of Trust
related
$22,000 · Amsouth Bank
—
—
Zimmer Boling LLC
—
Deed Of Trust
related
$305,000 · Bank Of Tampa
—
—
Paul R Cooper
—
Deed Of Trust
related
$50,000 · Amsouth Bank
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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