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Property profile & analytics
FOR LEASE
Distribution centers
5300 E Adamo Dr Tampa, FL 33619
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5175495
For Lease
$24,380,000
5300 E Adamo Dr, Tampa, FL 33619
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
83,661 SF
Lot
9.22 ac (401,488 SF)
Zoning code
IH
APN
A152919ZZZ000005798400
UPID
US18-5175495
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
-
Greenfiber / Tap FL Warehouse & Storage
-
Ultra Car Shipping Tampa Car Dealership Shipping Company
-
ABC supply co inc, Town & Country - Tampa, FL Big Box & Wholesale Store Building Supply
-
BRUBAKER Warehouse & Storage
-
Our Pet Story (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.98M
Comparable Approach
Comparable
$23.81M
Blend (final)
Blend
$24.38M
Owner & transaction history
Fl 5300 E Adamo Dr De LLC · 4 yrs held
Fl 5300 E Adamo Dr De LLC
since 2021
Last sale
$25.5M
4 recorded transactions
Zoning & alternative use
IH · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$40.3M
+148.0%
Apartment house (5+ units)
$30.7M
+88.7%
Medical building
$22.6M
+39.1%
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
$28,030,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,565,000
6.5%
$18,980,000
7%
$17,625,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,265,000
Current use
RESTAURANT
$40,335,000
Change: +148% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$30,690,000
Change: +89% · Conversion: Difficult
MEDICAL BUILDING
$22,615,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,765,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$18,575,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$18,015,000
Change: +11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$14,630,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$24.38M
Range $21.94M – $26.82M · ±10% · vs last sale $25.54M (Sep 21 2021)
Last sale anchor
$25.54M
Sep 21 2021
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
$291 / 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
$286,691
Tax year 2023
Assessed value
$14,897,300
Assessed 2023
Previous assessed
$12,621,700
+18.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$802,976
Assessed improvement
$14,094,324
Land market value
$802,976
Improvement market value
$14,094,324
Total market value
$14,897,300
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
3
Rooms
6
Total area
83,661 SF
Lot
9.22 ac (401,488 SF)
Zoning code
IH
APN
A152919ZZZ000005798400
UPID
US18-5175495
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IH · Tampa, FL
Zoning IH · permitted uses
IH · 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
$16.3M
RESTAURANT
Est. value
$40.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$30.7M
MEDICAL BUILDING
Est. value
$22.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.8M
RETAIL STORES
Est. value
$18.6M
AUTO REPAIR, GARAGE
Est. value
$18.0M
INDUSTRIAL (GENERAL)
Est. value
$14.6M
WAREHOUSE, STORAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Rooms
6
Lot
9.22 ac
Current owner
From public records · entity-resolved
Fl 5300 E Adamo Dr De LLC
Entity
Mailing address
450 PARK AVE FL #9, NEW YORK, NY 10022-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2021
$25,540,000
Fl 5300 E Adamo Dr De LLC
Adamo Owner LLC
Special Warranty Deed
$15,011,700 · Morgan Stanley Bank NA
Mar 5, 2020
$15,925,000
Adamo Owner LLC
Not Entitled IV LLC
Grant Deed
—
Dec 21, 2018
$9,000,000
Not Entitled IV LLC
Tampa Warehouse South Ltd
Grant Deed
—
—
—
Tampa Warehouse South Ltd
—
Deed Of Trust
related
$2,600,000 · Thrivent Financial For Luthera
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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