Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5240 Williams Rd Lot, Unit 1 Tampa, FL 33610-9375

    • Mobile home & RV parks
    • 6,829 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimations
    $2,070,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0431785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 5240 Williams Rd Lot

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    2.36 lot acres
    Property size
    6,829 SF
    Zone code
    PD
    Property type
    Mobile home & RV parks
    APN
    U052920ZZZ000002369200
    APU
    U052920ZZZ000002369200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,290,000
      Market price range: $2.29M - $4.68M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3198
    Latitude
    27.9937
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,720
    $150,049
    $216,651
    $366,700
    -
    $150,049
    $216,651
    $366,700

    Comparable in this City

    • Value Estimation
      $2,715,000
      8.73 Acres

      4842 Double D Cir

      MOBILE HOME PARK, TRAILER PARK • 8.73 Acres
      4842 Double D Cir, Tampa, FL 33610-9739
      View Details
    • Value Estimation by Request
      5.42 Acres

      4320 Williams Rd

      MOBILE HOME PARK, TRAILER PARK • 5.42 Acres
      4320 Williams Rd, Tampa, FL 33610
      View Details
    • Value Estimation by Request
      530 SF

      5319 Olga Tuya Ln

      MOBILE HOME PARK, TRAILER PARK • 530 SF
      5319 Olga Tuya Ln, Tampa, FL 33610
      View Details
    • Value Estimation by Request
      2.29 Acres

      7420 Sligh Ave

      MOBILE HOME PARK, TRAILER PARK • 2.29 Acres
      7420 Sligh Ave, Tampa, FL 33610-9555
      View Details
    • Value Estimation by Request
      672 SF

      10601 Tanner Rd

      MOBILE HOME PARK, TRAILER PARK • 672 SF
      10601 Tanner Rd, Tampa, FL 33610-9309
      View Details
    • Value Estimation by Request
      780 SF

      9722 92nd Hwy

      MOBILE HOME PARK, TRAILER PARK • 780 SF
      9722 92nd Hwy, Tampa, FL 33610
      View Details

    Similar Nearby for Sale

    • $449,990
      Pending

      Tampa Duplex on Oversized Lot

      Investment opportunity: spacious duplex on a large lot in Tampa.
      4906 E Idlewild Ave, Tampa, FL 33610
      View Details
    • $1,800,000
      6,900 SF

      Renovated Multifamily Property in Tampa

      Turnkey, renovated 10-unit multifamily property in East Tampa.
      3408 East Doctor Martin Luther King Junior Blvd, Tampa, FL 33610
      View Details
    • New
      $280,000
      Pending

      Income-Producing Duplex Near Downtown Tampa

      Two homes on one lot, minutes from Downtown Tampa.
      2101 E Ellicott St, Tampa, FL 33610
      View Details
    • $349,700

      Tampa Duplex Near Amenities

      Income-generating duplex in Tampa, near highways and shopping.
      4507 E Giddens Ave, Tampa, FL 33610
      View Details
    • $399,900

      Tampa Duplex: Investor Opportunity

      Tenant-ready duplex in Tampa, excellent income potential, move-in ready.
      5202 N 45Th St, Tampa, FL 33610
      View Details
    • $321,000
      1,391 SF

      Tampa Mixed-Use Live/Work Opportunity

      Unique 1925 Tampa home with live/work potential in Forest Park.
      3417 E Lake Ave, Tampa, FL 33610
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      130,033 SF

      Tampa East Lake Industrial Space

      Flexible industrial space in Tampa, FL
      5806 53Rd St, Tampa, FL 33610
      View Details
    • Contact for pricing
      1,152 SF

      Prime Retail Lot: I-75 & I-4 Access

      2.5-Acre Retail Parcel, 1,152 SF Building
      5510 Carmack Rd, Tampa, FL 33610
      View Details
    • $13 SF/Yr
      3,664 SF

      Tampa Flex/Industrial Space Available

      Flex/Industrial space available for lease in Tampa, Florida.
      5805 Breckenridge Pkwy, Tampa, FL 33610
      View Details
    • Contact for pricing

      Available Parking For Lease

      Prime parking spaces available for lease in a prime location.
      5003 N 56Th St, Tampa, FL 33610
      View Details
    • $13 SF/Yr
      5,318 SF

      Tampa Flex/Industrial Space Available

      5,318 SF flex/industrial space for lease in Tampa, FL.
      5910 Breckenridge Pkwy, Tampa, FL 33610
      View Details
    • Contact for pricing
      10,419 SF

      Tampa Flex/Industrial Space Available

      Flex/Industrial space available for rent in Tampa, Florida.
      5905 Hampton Oaks Pkwy, Tampa, FL 33610
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5240 Williams Rd Lot, Unit 1
    Tampa, FL 33610-9375
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.