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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5353 Madison Lk Cir Tampa, FL 33619-9698

    • Mobile home & RV parks
    • 600 SF
    • 28.45 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3933046
    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

    • Madison Lane LLC (office) / Campground & RV Park

    Property Details for 5353 Madison Lk Cir

    Year built
    1980
    Construction
    WOOD FRAME
    Lot size
    28.45 lot acres
    Property size
    600 SF
    Zone code
    PD
    Property type
    Mobile home & RV parks
    APN
    U023019663000001666600
    APU
    U023019663000001666600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3794
    Latitude
    27.8991
    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
    $122,425
    $1,638,862
    $2,242,438
    $3,881,300
    -
    $1,638,862
    $2,242,438
    $3,881,300

    Comparable in this City

    • Value Estimation by Request
      924 SF

      6012 Broadway Ave Lot, Unit 5

      MOBILE HOME PARK, TRAILER PARK • 924 SF
      6012 Broadway Ave Lot, Tampa, FL 33619-2819
      View Details
    • Value Estimation by Request
      576 SF

      2413 82nd St

      MOBILE HOME PARK, TRAILER PARK • 576 SF
      2413 82nd St, Tampa, FL 33619-5701
      View Details
    • Value Estimation by Request
      15,560 SF

      710 50Th St

      Multifamily properties • 15,560 SF
      710 50Th St, Tampa, FL 33619
      View Details
    • Value Estimation by Request
      170,659 SF

      8733 Rooks Park Cir

      HIGH-RISE APARTMENTS • 170,659 SF
      8733 Rooks Park Cir, Tampa, FL 33619-6657
      View Details
    • Value Estimation
      $3,500,000
      31,578 SF

      10440 Sanderling Shrs Dr

      HIGH-RISE APARTMENTS • 31,578 SF
      10440 Sanderling Shrs Dr, Tampa, FL 33619-0842
      View Details
    • Value Estimation by Request
      102,956 SF

      9539 Delaney Crk Blvd

      HIGH-RISE APARTMENTS • 102,956 SF
      9539 Delaney Crk Blvd, Tampa, FL 33619-5178
      View Details

    Similar Nearby for Sale

    • $375,000

      Renovated Duplex in Temple Terrace

      Updated duplex near USF, ideal for investors or homeowners.
      3605 Temple St, Tampa, FL 33619
      View Details
    • $475,000
      Pending

      Tampa Duplex: Income Opportunity

      Well-located Tampa duplex with two units, ideal for investors.
      3607 N 52Nd St, Tampa, FL 33619
      View Details
    • $720,000
      2,824 SF

      Spacious Tampa Duplex with Garage

      Six-bedroom, five-bathroom duplex with a two-car garage near city center.
      3623 N 54Th St, Tampa, FL 33619
      View Details
    • $549,000

      Cash Flowing Duplex Investment Property

      Duplex with long-term tenants, great location, investment opportunity.
      2809 Anthony St, Tampa, FL 33619
      View Details
    • New
      $720,000
      Pending

      New Tampa Duplex Under Construction

      Spacious 6-bedroom, 5-bathroom duplex near Tampa's city center.
      3614 Temple St, Tampa, FL 33619
      View Details
    • $350,000

      Tampa Triplex with Rental Income

      Triplex in Tampa, Florida, offering excellent rental income potential.
      1008 Westside Dr, Tampa, FL 33619
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Prime Tampa Restaurant Site

      1.5-Acre Restaurant Opportunity in Tampa
      10277 Adamo Dr, Tampa, FL 33619
      View Details
    • $16 SF/Yr
      35,100 SF

      East Tampa Office/Industrial Space

      Versatile Office & Warehouse Units Available
      1209 Tech Blvd, Tampa, FL 33619
      View Details
    • Contact for pricing
      16,320 SF

      Tampa Industrial Building Lease

      16,320 SF Manufacturing/Warehouse
      2032 51St St, Tampa, FL 33619
      View Details
    • Contact for pricing
      180,400 SF

      Lakeview Industrial Park - Building 2

      180,400 SF Manufacturing/Warehouse Space
      6700 Lakeview Center Dr, Tampa, FL 33619
      View Details
    • Contact for pricing
      121 SF

      Corporex Park Distribution Center Space

      Distribution center space available at Corporex Park in Tampa.
      3719 Corporex Park Dr, Tampa, FL 33619
      View Details
    • $18 SF/Yr
      2,275 SF

      Office Space Near Brandon Hospital

      Office space for rent near Brandon Hospital with favorable lease terms.
      1101-1240 Marbella Plaza Dr, Tampa, FL 33619
      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.
    5353 Madison Lk Cir
    Tampa, FL 33619-9698
    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.