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Property profile & analytics
OFF-MARKET
Parking lots & garages
5116 Armenia Ave Tampa, FL 33603-1406
Trust Owned
12-yr Hold
Free & Clear
Property ID
US18-1000559
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1949
Construction
FRAME
Total area
1,092 SF
Lot
0.12 ac (5,300 SF)
Zoning code
PD
APN
A0329183IC000000000121
UPID
US18-1000559
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
-
Tolly Health and Performance Alternative Medicine Practice
-
H & H Accountants Accounting Firm Tax Preparation
-
Premier Spine and Sports Medicine Alternative Medicine Practice
-
Premier Spine and Sports Medicine: Bellino, Andrew DC Alternative Medicine Practice
-
Lebron Accounting Service Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
II & II Holdings Corp Trust 2 · 12 yrs held
II & II Holdings Corp Trust 2
since 2013
6 recorded transactions
Zoning & alternative use
PD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$1,580
Tax year 2023
Assessed value
$76,107
Assessed 2023
Previous assessed
$68,442
+11.2% YoY
Effective rate
2.08%
On assessed value
Assessed land
$58,300
Assessed improvement
$17,807
Land market value
$58,300
Improvement market value
$17,807
Total market value
$76,107
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1949
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
1,092 SF
Lot
0.12 ac (5,300 SF)
Zoning code
PD
APN
A0329183IC000000000121
UPID
US18-1000559
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · 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
Year built
1949
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
II & II Holdings Corp Trust 2
Trust
Free & Clear · 12 yrs held
Mailing address
5116 N ARMENIA AVE, TAMPA, FL 33603-1406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2013
—
II & II Holdings Corp Trust 2
Haskins,milka
Quit Claim Deed
related
—
May 7, 2009
$110,000
Milka Herrera
Suncoast Accounting Svcs INC
Warranty Deed
—
Aug 3, 1998
$75,000
Suncoast Accounting Svcs INC
Saavedra,carlos L & Maria L
Grant Deed
$71,400 · Seller
—
—
H & H Holdings Corp Lan Trust 3
—
Deed Of Trust
related
$807,000 · Bank Of America
—
—
Jack Carcopa
—
Deed Of Trust
related
$2,975 · Suncoast Accounting Services
—
—
Suncoast Accounting Services
—
Deed Of Trust
related
$3,522 · Salesability INC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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