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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Retail space
510 Franklin St Tampa, FL 33602-4811
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-8006316
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1895
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,008 SF
Lot
0.06 ac (2,600 SF)
Zoning code
CBD-1
APN
A2429184ZI000058000050
UPID
US18-8006316
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
-
Socially Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.34M
Owner & transaction history
Stt Acquisition INC · 7 yrs held
Stt Acquisition INC
since 2019
5 recorded transactions
Zoning & alternative use
CBD-1 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+21.8%
Neighborhood: shopping center
$2.1M
+17.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,590,000
6.5%
$1,465,000
7%
$1,360,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,780,000
Current use
MEDICAL BUILDING
$2,165,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,085,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,545,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,525,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±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
$167 / 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
$13,768
Tax year 2023
Assessed value
$1,239,373
Assessed 2023
Previous assessed
$1,089,758
+13.7% YoY
Effective rate
1.11%
On assessed value
Assessed land
$322,400
Assessed improvement
$916,973
Land market value
$322,400
Improvement market value
$916,973
Total market value
$1,239,373
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
1895
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
3
Rooms
6
Bathrooms
5
Total area
8,008 SF
Lot
0.06 ac (2,600 SF)
Zoning code
CBD-1
APN
A2429184ZI000058000050
UPID
US18-8006316
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CBD-1 · Tampa, FL
Zoning CBD-1 · permitted uses
CBD-1 · 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
$1.8M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1895
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
3
Rooms
6
Bathrooms
5
Lot
0.06 ac
Current owner
From public records · entity-resolved
Stt Acquisition INC
Entity
Mailing address
4313 W KENNEDY BLVD STE A, TAMPA, FL 33609-2149
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2019
$2,000,000
Stt Acquisition INC
510 Frankliin LLC
Warranty Deed
$1,996,000 · Midwest Regional Bank
Apr 16, 2013
$425,000
510 Franklin LLC
Westwind Dev V LLC
Warranty Deed
$245,000 · Bank Of Tampa
Apr 25, 2005
$4,800,000
Westwind Dev V LLC
220 Madison INC Coc
Trustees Deed
—
Dec 15, 2000
$400,000
220 Madison INC
Burger King Corp
Grant Deed
$325,000 · Intervest Bank
—
—
510 Franklin LLC
—
Loan Modification
related
$1,600,000 · Bank Of Tampa
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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