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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Retail space
4860 78th St Tampa, FL 33619
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5000760
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,573 SF
Lot
1.03 ac (45,000 SF)
Zoning code
CN
APN
U013019663000001662000
UPID
US18-5000760
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
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.37M
Owner & transaction history
Lyjac LLC · 5 yrs held
Lyjac LLC
since 2020
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
CN · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+117.1%
Apartment house (5+ units)
$2.8M
+65.2%
Medical building
$2.0M
+21.8%
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
$2,530,000
ML approach
$2,930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,680,000
Current use
RESTAURANT
$3,650,000
Change: +117% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,780,000
Change: +65% · Conversion: Difficult
MEDICAL BUILDING
$2,045,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,970,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,630,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,470,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10% · vs last sale $2.27M (Sep 4 2020)
Last sale anchor
$2.27M
Sep 4 2020
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
$313 / 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
$24,756
Tax year 2023
Assessed value
$1,388,500
Assessed 2023
Previous assessed
$1,377,935
+0.8% YoY
Effective rate
1.78%
On assessed value
Assessed land
$472,500
Assessed improvement
$916,000
Land market value
$472,500
Improvement market value
$916,000
Total market value
$1,388,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
7,573 SF
Lot
1.03 ac (45,000 SF)
Zoning code
CN
APN
U013019663000001662000
UPID
US18-5000760
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CN · Tampa, FL
Zoning CN · permitted uses
CN · 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
RETAIL STORES Current
Est. value
$1.7M
RESTAURANT
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Lyjac LLC
Entity
Mailing address
23781 NAPOLI WAY, ESTERO, FL 34134-3425
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
$2,265,000
Lyjac LLC
Palmetto Progress Village 49th St L
Special Warranty Deed
$838,000 · Capstar Bank
Jul 22, 2019
$350,000
Palmetto Progress Village-49th
Bowers,wallace Z
Warranty Deed
$1,642,500 · Ameris Bk
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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