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Property profile & analytics
FOR SALE
Office buildings
5301 W Idlewild Ave Tampa, FL 33634
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-1025029
For Sale
1 / 12
$30,000,000
5301 W Idlewild Ave, Tampa, FL 33634
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
78,341 SF
Lot
6.83 ac (297,540 SF)
Zoning code
SPI-AP-4
APN
U31281817GA00000000032
UPID
US18-1025029
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.47M
Comparable Approach
Comparable
$12.32M
Blend (final)
Blend
$12.63M
Owner & transaction history
Reva Kay Tampa Ibc 2 LLC · 8 yrs held
Reva Kay Tampa Ibc 2 LLC
since 2017
7 recorded transactions
Zoning & alternative use
SPI-AP-4 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$20.4M
+18.7%
Retail stores
$17.4M
+1.3%
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%
$18,925,000
6.5%
$17,470,000
7%
$16,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,170,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$20,380,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$17,395,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$15,570,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,115,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$12.63M
Range $11.36M – $13.89M · ±10%
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
$161 / 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
$148,841
Tax year 2023
Assessed value
$8,411,200
Assessed 2023
Previous assessed
$7,560,600
+11.3% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,318,102
Assessed improvement
$7,093,098
Land market value
$1,318,102
Improvement market value
$7,093,098
Total market value
$8,411,200
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
2
Total area
78,341 SF
Lot
6.83 ac (297,540 SF)
Zoning code
SPI-AP-4
APN
U31281817GA00000000032
UPID
US18-1025029
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
SPI-AP-4 · Tampa, FL
Zoning SPI-AP-4 · permitted uses
SPI-AP-4 · 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
OFFICE BUILDING Current
Est. value
$17.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.4M
RETAIL STORES
Est. value
$17.4M
WAREHOUSE, STORAGE
Est. value
$15.6M
AUTO REPAIR, GARAGE
Est. value
$15.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
6.83 ac
Current owner
From public records · entity-resolved
Reva Kay Tampa Ibc 2 LLC
Entity
Mailing address
5806 GRV AVE #259, RICHMOND, VA 23226-2630
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2017
$7,976,149
Reva Kay Tampa Ibc 2 LLC
Tampa Intl Busn Center LLC
Grant Deed
$22,400,000 · Other Institutional Lenders
Aug 28, 2013
$4,700,000
Tampa Intl Busn Center LLC
Cgcmt 2004-c1 North Hoover LLC
Grant Deed
—
Feb 13, 2004
$2,098,500
Nnn Lakeside Tech 10 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,902,700
Nnn Lakeside Tech LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,706,800
Nnn Lakeside Tech 13 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$4,448,800
Nnn Lakeside Tech 15 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,147,200
Nnn Lakeside Tech 5 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$615,600
Nnn Lakeside Tech 11 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,119,200
Nnn Lakeside Tech 9 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$839,400
Nnn Lakeside Tech 1 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,007,300
Nnn Lakeside Tech 6 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
$14,625,000 · Citigroup Global Markets Realt
Feb 13, 2004
$895,400
Nnn Lakeside Tech 17 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,846,700
Nnn Lakeside Tech 2 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,483,000
Nnn Lakeside Tech 16 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$1,259,100
Nnn Lakeside Tech 12 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Jul 2, 1998
$4,450,500
Highwoods/florida Holdings LP
Idlewild Ltd
Grant Deed
related
—
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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