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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Strip malls
4606 Hillsborough Ave Tampa, FL 33610-5250
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-1328296
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,009 SF
Lot
1.03 ac (44,828 SF)
Zoning code
CI
APN
A33281948N000000000090
UPID
US18-1328296
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
-
Hillsborough Coin Laundry (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Falah Holdings LLC · 7 yrs held
Falah Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.7M
+19.6%
Medical building
$3.2M
+3.9%
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%
$3,050,000
6.5%
$2,815,000
7%
$2,610,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,125,000
Current use
OFFICE BUILDING
$3,735,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$3,245,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$189 / 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
$46,784
Tax year 2023
Assessed value
$2,464,200
Assessed 2023
Previous assessed
$2,464,200
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$336,210
Assessed improvement
$2,127,990
Land market value
$336,210
Improvement market value
$2,127,990
Total market value
$2,464,200
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Rooms
3
Bathrooms
15
Total area
12,009 SF
Lot
1.03 ac (44,828 SF)
Zoning code
CI
APN
A33281948N000000000090
UPID
US18-1328296
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FL
Zoning CI · permitted uses
CI · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
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
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Rooms
3
Bathrooms
15
Lot
1.03 ac
Current owner
From public records · entity-resolved
Falah Holdings LLC
Entity
Mailing address
10637 MISTFLOWER LN, TAMPA, FL 33647-3738
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2019
$1,950,000
Falah Holdings LLC
5414 LLC
Warranty Deed
$1,560,000 · Central Bank
Apr 21, 2015
$1,750,000
5414 LLC
Rana Investment Property LLC
Warranty Deed
$1,400,000 · Sunshine Bank
Jan 17, 2012
—
Dabest Dabest INC
Williams,carl
Quit Claim Deed
related
—
Dec 4, 2009
$145,000
Rana Investment Property LLC
Grubbs Family Trust
Warranty Deed
—
Aug 6, 2009
—
Grubbs Family Trust
Grubba,charles A & Ella L
Quit Claim Deed
related
—
Jun 5, 2000
$200,000
Ella L Grubbs
Martinez,concepcion & Jose
Grant Deed
—
—
—
Florida Busn Dev Corp Cdc
—
Deed Of Trust
related
$1,023,939 · Usameribank
—
—
Charles A Grubbs
—
Deed Of Trust
related
$100,000 · Jervic Holdings LLC
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$934,739 · Usameribank
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$658,000 · Usameribank
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$940,000 · Usameribank
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$940,000 · Usameribank
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$595,388 · Usameribank
—
—
Rana Investment Property LLC
—
Deed Of Trust
related
$716,757 · Florida Business Dev Corp
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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