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Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Warehouses
5404 Waters Ave Tampa, FL 33634-1209
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1057160
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,070 SF
Lot
3.96 ac (172,646 SF)
Zoning code
M
APN
U302818ZZZ000000986600
UPID
US18-1057160
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
-
Moving Supplies at U-Haul Big Box & Wholesale Store
-
Self-Storage at U-Haul Storage Facility
-
Trailer Hitches at U-Haul Auto Parts Store
-
Trailer Rental at U-Haul Car Rental Facility
-
Truck Sales at U-Haul Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.36M
Owner & transaction history
Five Sac Rw Ms LLC · 10 yrs held
Five Sac Rw Ms LLC
since 2016
4 recorded transactions
Zoning & alternative use
M · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.3M
+11.7%
Office building
$9.2M
+10.3%
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%
$6,500,000
6.5%
$6,000,000
7%
$5,575,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,360,000
Current use
RETAIL STORES
$9,340,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$9,220,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,120,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±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
$151 / 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
$142,214
Tax year 2023
Assessed value
$8,646,400
Assessed 2023
Previous assessed
$7,603,500
+13.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,403,491
Assessed improvement
$6,242,909
Land market value
$2,403,491
Improvement market value
$6,242,909
Total market value
$8,646,400
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Stories
2
Units
1
Total area
42,070 SF
Lot
3.96 ac (172,646 SF)
Zoning code
M
APN
U302818ZZZ000000986600
UPID
US18-1057160
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Tampa, FL
Zoning M · permitted uses
M · 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
$8.4M
RETAIL STORES
Est. value
$9.3M
OFFICE BUILDING
Est. value
$9.2M
AUTO REPAIR, GARAGE
Est. value
$8.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
5
Units
1
Lot
3.96 ac
Current owner
From public records · entity-resolved
Five Sac Rw Ms LLC
Entity
Free & Clear · 10 yrs held
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Mar 25, 2016
—
Five Sac Rw Ms LLC
Galaxy Investors LP
Grant Deed
related
—
Aug 17, 2005
$5,140,000
Five Sac Rw Ms LLC
Nineteen Sac Self Storage Ltd
Warranty Deed
—
Aug 17, 2005
—
Five Sac Rw Ms LLC
Nineteen,sac
Warranty Deed
related
—
—
—
Five Sac Rw LLC
—
Deed Of Trust
related
$64,000,000 · Miscellaneous Ins Co
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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