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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Medical Office Space
4915 Ehrlich Rd Tampa, FL 33624-2038
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-4662460
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,171 SF
Lot
0.7 ac (30,525 SF)
Zoning code
BPO
APN
U322718ZZZ000000711500
UPID
US18-4662460
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
-
Schenck Marla C Physician
-
Cynthia Spencer Physician
-
Hyper Healing - Tampa Medical Clinic
-
Podiatrist Olesya Palko, DPM Physician
-
Su Xu Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.37M
Owner & transaction history
4915 Ehrlich Road LLC · 6 yrs held
4915 Ehrlich Road LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
BPO · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.3M
+35.7%
Office building
$1.7M
+3.2%
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
$1,470,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,670,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,265,000
Change: +36% · Conversion: Moderate
OFFICE BUILDING
$1,720,000
Change: +3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,605,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$1,370,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.18M (Apr 1 2020)
Last sale anchor
$1.18M
Apr 1 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
$221 / 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
$19,569
Tax year 2023
Assessed value
$1,105,700
Assessed 2023
Previous assessed
$1,040,200
+6.3% YoY
Effective rate
1.77%
On assessed value
Assessed land
$315,934
Assessed improvement
$789,766
Land market value
$315,934
Improvement market value
$789,766
Total market value
$1,105,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
22
Total area
6,171 SF
Lot
0.7 ac (30,525 SF)
Zoning code
BPO
APN
U322718ZZZ000000711500
UPID
US18-4662460
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
BPO · Tampa, FL
Zoning BPO · permitted uses
BPO · 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
MEDICAL BUILDING Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
22
Lot
0.7 ac
Current owner
From public records · entity-resolved
4915 Ehrlich Road LLC
Entity
Mailing address
PO BOX 1287, LADSON, SC 29456-1287
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
—
4915 Ehrlich Road LLC
—
Deed
related
$821,000 · Southern First Bank NA
Nov 14, 2022
—
4915 Ehlrich Rd LLC
—
Deed
related
$821,000 · Southern First Bank NA
Apr 1, 2020
$1,180,000
4915 Ehrlich Road LLC
Stonelake Properties LLC
Warranty Deed
$1,612,000 · Bank Of America
Apr 19, 2011
$750,000
Stonelake Properties LLC
St Michaels Medical Center Of Ta
Warranty Deed
$486,000 · Bank Of Tampa
May 6, 1996
$150,000
St Michael's Medical Center Of T
Zambito,ignazio
Grant Deed
—
—
—
Stonelake Properties LLC
—
Deed Of Trust
related
$486,000 · Bank Of Tampa
—
—
St Michaels Medical Ctr Tampa
—
Deed Of Trust
related
$511,360 · Bank Of Tampa
—
—
Stmichaels Medical Center Of Tam
—
Deed Of Trust
related
$53,500 · Bank Of Tampa
—
—
St Michaels Medical Center Of Ta
—
Deed Of Trust
related
—
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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