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Property profile & analytics
OFF-MARKET
Estimated value
$4,680,000
Hotels
5421 Waters Ave Tampa, FL 33634-1219
Entity Owned
22-yr Hold
Free & Clear
Property ID
US18-3320126
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Construction
WOOD
Total area
54,138 SF
Lot
2.29 ac (99,612 SF)
Zoning code
PD
APN
U192818ZZZ000000914900
UPID
US18-3320126
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
-
Comfort Suites Tampa Airport North Hotel & Motel
-
Hótel Tampa Flugvöllur Hotel & Motel
-
La Ollita Latin Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.28M
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$4.68M
Owner & transaction history
Shiv Shraddha LLC · 22 yrs held
Shiv Shraddha LLC
since 2003
4 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$4,630,000
6.5%
$4,275,000
7%
$3,970,000
Blend value · Realmo final
$4.68M
Range $4.21M – $5.15M · ±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
$86 / 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
$111,483
Tax year 2023
Assessed value
$6,387,800
Assessed 2023
Previous assessed
$5,793,200
+10.3% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,447,564
Assessed improvement
$4,940,236
Land market value
$1,447,564
Improvement market value
$4,940,236
Total market value
$6,387,800
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
5
Units
90
Total area
54,138 SF
Lot
2.29 ac (99,612 SF)
Zoning code
PD
APN
U192818ZZZ000000914900
UPID
US18-3320126
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · 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.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
5
Units
90
Lot
2.29 ac
Current owner
From public records · entity-resolved
Shiv Shraddha LLC
Entity
Free & Clear · 22 yrs held
Mailing address
5421 W WATERS AVE, TAMPA, FL 33634-1219
Ownership since
2003
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
Oct 30, 2008
—
Shiv Shraddha LLC
—
Deed Of Trust
related
$7,000,000 · Raymond James Bank Fsb
Oct 23, 2003
$1,150,000
Shiv Shraddha LLC
Menna Waters Hospitality Group
Grant Deed
—
Feb 18, 2003
$875,000
Menna Waters Hospitality Group
Chesterfield Park Associates
Grant Deed
—
—
—
Shiv Shraddha LLC
—
Deed Of Trust
related
$7,000,000 · Raymond James Bank Fsb
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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