Back to Search
Property profile & analytics
FOR LEASE
Distribution centers
5104 W Hanna Ave Tampa, FL 33634
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5263129
For Lease
1 / 2
$9,600,000
5104 W Hanna Ave, Tampa, FL 33634
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
69,910 SF
Lot
3.13 ac (136,155 SF)
Zoning code
SPI-AP-5
APN
U322818ZZZ000001030201
UPID
US18-5263129
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
-
Proleve Distribution Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.60M
Owner & transaction history
Bri 5104 W Hanna LLC · 3 yrs held
Bri 5104 W Hanna LLC
since 2023
Last sale
$10.1M
7 recorded transactions
Zoning & alternative use
SPI-AP-5 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$15.5M
+11.7%
Office building
$15.3M
+10.3%
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
$9,405,000
ML approach
$8,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,895,000
Current use
RETAIL STORES
$15,520,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$15,325,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,490,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$9.60M
Range $8.64M – $10.56M · ±10% · vs last sale $10.12M (Jun 22 2023)
Last sale anchor
$10.12M
Jun 22 2023
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
$137 / 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
$97,159
Tax year 2023
Assessed value
$6,431,300
Assessed 2023
Previous assessed
$4,606,600
+39.6% YoY
Effective rate
1.51%
On assessed value
Assessed land
$644,626
Assessed improvement
$5,786,674
Land market value
$644,626
Improvement market value
$5,786,674
Total market value
$6,431,300
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Total area
69,910 SF
Lot
3.13 ac (136,155 SF)
Zoning code
SPI-AP-5
APN
U322818ZZZ000001030201
UPID
US18-5263129
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
SPI-AP-5 · Tampa, FL
Zoning SPI-AP-5 · permitted uses
SPI-AP-5 · 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
WAREHOUSE, STORAGE Current
Est. value
$13.9M
RETAIL STORES
Est. value
$15.5M
OFFICE BUILDING
Est. value
$15.3M
AUTO REPAIR, GARAGE
Est. value
$13.5M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
3.13 ac
Current owner
From public records · entity-resolved
Bri 5104 W Hanna LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1345 AVE OF THE AMERICAS, NEW YORK, NY 10105-0302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
$10,120,000
Bri 5104 W Hanna LLC
Dogwood Propco Fl LP
Special Warranty Deed
—
Mar 17, 2020
—
Dogwood Propco Fl LP
Dogwood Holdings LP
Quit Claim Deed
related
$200,000,000 · Wells Fargo Bk
Jan 8, 2020
$5,378,000
Dogwood Holdings LP
Ki Hanna Warehouse II LLC
Grant Deed
—
May 31, 2017
$2,400,000
Kl Hanna Warehouse II LLC
5104 W Hanna Ave LLC
Warranty Deed
—
Aug 10, 2011
—
5104 W Hanna Ave LLC
—
Deed Of Trust
related
$2,199,120 · Great Florida Bank
Dec 8, 2006
—
5104 W Hanna Ave LLC
Kumar Roger
Grant Deed
related
—
Apr 26, 2005
$2,250,000
5104 W Hanna Ave LLC
Kumar,roger Trust
Grant Deed
$2,100,000 · Kumar Roger Trust (tr)
—
—
5104 W Hanna Ave LLC
—
Deed Of Trust
related
$2,422,500 · Great Florida Bank
—
—
5104 W Hanna Ave LLC
—
Deed Of Trust
related
$1,425,000 · Private Individual
—
—
5104 W Hanna Ave LLC
—
Deed Of Trust
related
$2,199,120 · Great Florida Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
