4820 Himes Ave Tampa, FL 33611-2612
Entity Owned
4-yr Hold
Free & Clear
Estimated value (blended)
$2.46M
Range $2.21M – $2.70M (±10%)
Implied cap rate
5.90%
In-place · NOI ÷ last sale
Property ID
US18-1856862
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,149 SF
Lot
1.49 ac (64,800 SF)
Zoning code
CI
APN
A0330183W7000000000120
UPID
US18-1856862
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop
-
Gym & Fitness Center
-
Loan Service Bank
-
Financial Advisor
-
Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$2.46M
Owner & transaction history
since 2021
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Zoning description
rty 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 -…
General category
COMMERCIAL
Top alternative use upside
Office building
$3.6M
+34.4%
Medical building
$3.3M
+21.8%
Neighborhood: shopping center
$3.2M
+17.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.46M
Value range
$2.21M – $2.70M
±10% around blend
Estimated value / SF
$202 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$2.21M
blend $2.46M
$2.70M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,149 SF
Lot area
1.49 ac
Year built
1995
Stories
1
APN
A0330183W7000000000120
Assessed value
$3,506,000
Annual tax
$59,664
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.41M
@ 6.5% CAP return
$2.23M
@ 7% CAP return
$2.07M
4
Sales comparison
Partial preview
Sales approach indication
$3.79M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.4 mi away · 13,946 SF
10.9 mi away · 9,130 SF
12.0 mi away · 14,452 SF
14.0 mi away · 14,415 SF
15.1 mi away · 12,351 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.46M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 224 sales
$222
-9%
County 333 sales
$218
-7%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $202/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+34%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Retail Stores · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.90%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.90%
9.0%
NOI (est.)
$191k *
Last sale · Dec 2021
$2.73M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.23M
Move the market yield to see immediate price impact.
Value / SF
$266
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.40%5.90%6.40%
$172k
$3.18M
$2.91M
$2.68M
$191k
$3.53M
$3.23M
$2.98M
$210k
$3.89M
$3.56M
$3.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$6.34M
1.0 mi · Dec 2025 · $448/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$59,664
Tax year 2023
Assessed value
$3,506,000
Assessed 2023
Previous assessed
$2,514,100
+39.5% YoY
Effective rate
1.70%
On assessed value
Assessed land
$2,715,120
Assessed improvement
$790,880
Land market value
$2,715,120
Improvement market value
$790,880
Total market value
$3,506,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
3
Total area
12,149 SF
Lot
1.49 ac (64,800 SF)
Zoning code
CI
APN
A0330183W7000000000120
UPID
US18-1856862
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FLZoning CI · permitted uses
CI · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
rty 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 -…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
1.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CI
COMMERCIAL
Jurisdiction
Tampa, FL
Recorded code
CI
Official district
CI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CI in Tampa, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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