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    Property profile & analytics

    5245 Fletcher Ave Temple Terrace, FL 33617-1126

    • Medical offices
    • 16,872 SF
    • 2.43 lot acres
    OFF-MARKET
    Value Estimation
    $9,305,000
    Last Sale
    Dec 16, 2022
    $10,000,000
    Location Intelligence
    Property ID
    US18-3869377
    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

    • Medical offices

    Property Details for 5245 Fletcher Ave

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.43 lot acres
    Property size
    16,872 SF
    Zone code
    CO
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    T1028191HQ000000000540
    APU
    T1028191HQ000000000540

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,575,000
      6.5%
      $10,565,000
      7%
      $8,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,260,000
      Geo Method
      $10,900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,355,000
      Retail
      $11,855,000
      Mixed-Use
      $9,715,000
      Hospitality
      $11,010,000
      Educational
      $9,535,000
      Residential Income
      $11,445,000
      Energy
      $11,510,000
      Income-Based Land
      $9,845,000
      Food Service
      $10,435,000

    Location Insight

    • Map
    • Local Demand
    City
    Temple Terrace
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3961
    Latitude
    28.0685
    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
    $70,398
    $1,147,548
    $2,579,852
    $3,727,400
    -
    $1,147,548
    $2,579,852
    $3,727,400

    Comparable in this City

    • Value Estimation by Request
      7,127 SF

      5023 Busch Blvd

      MEDICAL BUILDING • 7,127 SF
      5023 Busch Blvd, Tampa, FL 33617-5301
      View Details
    • Value Estimation by Request
      6,990 SF

      12702 56th St

      MEDICAL BUILDING • 6,990 SF
      12702 56th St, Temple Terrace, FL 33617-1222
      View Details
    • Value Estimation by Request
      14,458 SF

      11412 56th St

      MEDICAL BUILDING • 14,458 SF
      11412 56th St, Temple Terrace, FL 33617-2237
      View Details
    • Value Estimation
      $2,630,000
      13,633 SF

      5210 Fowler Ave

      MEDICAL BUILDING • 13,633 SF
      5210 Fowler Ave, Tampa, FL 33617
      View Details
    • Value Estimation
      $920,000
      4,420 SF

      13311 56th St

      MEDICAL BUILDING • 4,420 SF
      13311 56th St, Tampa, FL 33617-1161
      View Details
    • Value Estimation by Request
      7,673 SF

      6171 Fowler Ave

      MEDICAL BUILDING • 7,673 SF
      6171 Fowler Ave, Temple Terrace, FL 33617-2301
      View Details

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    Similar Nearby for Lease

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    Temple Terrace, FL 33617-1126
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    Realmo Value Estimation

    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.

    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.

    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
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