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Property profile & analytics
OFF-MARKET
Estimated value
$9,670,000
Distribution centers
5128 Clifton St Tampa, FL 33634-8012
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0431843
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,407 SF
Lot
2.77 ac (120,509 SF)
Zoning code
SPI-AP-3
APN
U322818ZZZ000001030000
UPID
US19-0431843
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
-
Seafood Direct Take-out & Catering Fish Market
-
KX WHOLESALE Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.94M
Comparable Approach
Comparable
$6.74M
Blend (final)
Blend
$9.67M
Owner & transaction history
Thor Tampa Portfolio III LLC · 1 yrs held
Thor Tampa Portfolio III LLC
since 2025
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
SPI-AP-3 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$14.5M
+84.6%
Medical building
$10.7M
+36.0%
Neighborhood: shopping center
$10.3M
+30.9%
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%
$9,685,000
6.5%
$8,940,000
7%
$8,300,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,835,000
Current use
APARTMENT HOUSE (5+ UNITS)
$14,455,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$10,655,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,250,000
Change: +31% · Conversion: Moderate
RETAIL STORES
$8,750,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$8,640,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,605,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$9.67M
Range $8.70M – $10.64M · ±10% · vs last sale $11.50M (Dec 28 2024)
Last sale anchor
$11.50M
Dec 28 2024
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
$245 / 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
$56,543
Tax year 2023
Assessed value
$3,148,700
Assessed 2023
Previous assessed
$2,082,300
+51.2% YoY
Effective rate
1.80%
On assessed value
Assessed land
$576,214
Assessed improvement
$2,572,486
Land market value
$576,214
Improvement market value
$2,572,486
Total market value
$3,148,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
3
Rooms
4
Total area
39,407 SF
Lot
2.77 ac (120,509 SF)
Zoning code
SPI-AP-3
APN
U322818ZZZ000001030000
UPID
US19-0431843
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
SPI-AP-3 · Tampa, FL
Zoning SPI-AP-3 · permitted uses
SPI-AP-3 · 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
$7.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.5M
MEDICAL BUILDING
Est. value
$10.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.3M
RETAIL STORES
Est. value
$8.8M
OFFICE BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$7.6M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Rooms
4
Lot
2.77 ac
Current owner
From public records · entity-resolved
Thor Tampa Portfolio III LLC
Entity
Free & Clear · 1 yrs held
Mailing address
25 W 39TH ST, NEW YORK, NY 10018-3805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Mar 28, 2025
$11,500,000
Thor Tampa Portfolio III LLC
Thor Tampa Portfolio LLC
Special Warranty Deed
—
Jul 6, 2012
$902,000
Roth Investment Ptshp
American Bldrs & Contractors S
Warranty Deed
—
Jun 27, 2007
$2,270,000
American Bldrs & Contractors S
Ashley Aluminium LLC
Warranty Deed
—
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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