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Property profile & analytics
FOR SALE
Industrial land
5102 W Nassau St Tampa, FL 33607
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2134699
For Sale
1 / 3
$950,000
5102 W Nassau St, Tampa, FL 33607
View Listing →
Property summary
AI-generated overview
This exceptional 0.62-acre commercial/industrial land parcel, located at 5102 W Nassau St & 5101 W Grace St, Tampa, FL 33607, presents a compelling investment opportunity. Zoned M-AP-1, it's ideally suited for a variety of commercial, office, or light industrial uses. The property boasts unrivaled accessibility and visibility within Tampa's thriving commercial hub, offering easy access to South Tampa and Pinellas County. Folio numbers 112376.0000 & 112393.0000 encompass the entire 0.62 acres. The asking price is $1,072,000, with 2023 total taxes amounting to $6,741.89. City of Tampa water and sewer services are available, along with Tampa Electric for power. Its strategic location at the heart of Tampa's commercial activity makes this a prime site for businesses seeking a high-impact presence. The future land use designation is Municipal Airport Compatibility. This property offers significant potential for developers and businesses alike seeking a prominent location in a rapidly growing market.
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.46 ac (20,100 SF)
Zoning code
M-AP-1
APN
A1729183JY000002000490
UPID
US18-2134699
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Nassau Park LLC · 4 yrs held
Nassau Park LLC
since 2022
Last sale
$578,000
3 recorded transactions
Zoning & alternative use
M-AP-1 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$590,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $578k (Jan 7 2022)
Last sale anchor
$578k
Jan 7 2022
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
—
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
$5,267
Tax year 2023
Assessed value
$274,365
Assessed 2023
Previous assessed
$274,365
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$274,365
Land market value
$274,365
Total market value
$274,365
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Lot
0.46 ac (20,100 SF)
Zoning code
M-AP-1
APN
A1729183JY000002000490
UPID
US18-2134699
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-AP-1 · Tampa, FL
Zoning M-AP-1 · permitted uses
M-AP-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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Nassau Park LLC
Entity
Free & Clear · 4 yrs held
Mailing address
301 W PLATT ST #144, TAMPA, FL 33606-2292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2022
$578,000
Nassau Park LLC
Encore Select Group LLC
Warranty Deed
—
Sep 22, 2010
$150,000
Encore Select Group LLC
Fonte,angelo SR
Warranty Deed
—
Jan 26, 2006
—
Fonte Trust
Fonte,angelo
Quit Claim Deed
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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