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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Warehouses
5423 59th St Tampa, FL 33610-2002
Entity Owned
~
Est. High Equity
Property ID
US18-0160277
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,278 SF
Lot
1.31 ac (57,260 SF)
Zoning code
M
APN
U3428191M4000000000020
UPID
US18-0160277
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
-
Palmetto Prime of Tampa Construction Company General Contractor
-
Service Works Commercial Roofing Roofing Company General Contractor
-
Pavement Restoration Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.49M
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.54M
Owner & transaction history
5423 Five Nine LLC
5423 Five Nine LLC
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
M · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.3M
+71.2%
Industrial (general)
$3.0M
+55.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,700,000
6.5%
$2,490,000
7%
$2,315,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,950,000
Current use
AUTO REPAIR, GARAGE
$3,335,000
Change: +71% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,020,000
Change: +55% · Conversion: Easy
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±10% · vs last sale $2.85M (May 5 2025)
Last sale anchor
$2.85M
May 5 2025
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
$147 / 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
$22,821
Tax year 2023
Assessed value
$1,372,700
Assessed 2023
Previous assessed
$1,158,200
+18.5% YoY
Effective rate
1.66%
On assessed value
Assessed land
$312,977
Assessed improvement
$1,059,723
Land market value
$312,977
Improvement market value
$1,059,723
Total market value
$1,372,700
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
5
Total area
17,278 SF
Lot
1.31 ac (57,260 SF)
Zoning code
M
APN
U3428191M4000000000020
UPID
US18-0160277
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
$2.0M
AUTO REPAIR, GARAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
WAREHOUSE, STORAGE Current
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
5
Lot
1.31 ac
Current owner
From public records · entity-resolved
5423 Five Nine LLC
Entity
Mailing address
5423 N 59TH ST, TAMPA, FL 33610-2002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$2,850,000
5423 Five Nine LLC
Will Bea Investments LLC
Special Warranty Deed
$997,500 · Hinsdale Bank & Trust Co
Jan 23, 2019
—
Will-bea Investments LLC
—
Deed
related
$1,760,000 · Bank Of Tampa
Jul 3, 2018
—
Will-bea Investments LLC
—
Deed
related
$509,000 · Bank Of Tampa
May 1, 2006
$895,000
Will-bea Investments LLC
Cew Properties INC
Warranty Deed
$720,000 · Platinum Bank
—
—
Will-bea Investments LLC
—
Loan Modification
related
$1,520,000 · Platinum Bk
—
—
Will-bea Investments LLC
—
Loan Modification
related
$1,760,000 · Bank Of Tampa
—
—
Will-bea Investments LLC
—
Deed Of Trust
related
$100,000 · Platinum Bank
—
—
Will-bea Investments LLC
—
Deed Of Trust
related
$300,000 · Platinum Bank
—
—
Will-bea Investments LLC
—
Deed Of Trust
related
$50,000 · Platinum Bank
—
—
Will-bea Investments LLC
—
Deed Of Trust
related
$200,000 · Platinum Bank
—
—
Will-bea Investments LLC
—
Loan Modification
related
$500,000 · Platinum Bk
—
—
Will-bea Investments LLC
—
Deed Of Trust
related
$509,000 · Bank Of Tampa
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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