Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$17,135,000
Distribution centers
5445 Hangar Ct Tampa, FL 33634-5341
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-7419922
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
50,555 SF
Lot
4.97 ac (216,460 SF)
Zoning code
SPI-AP-4
APN
U31281817H000000000030
UPID
US18-7419922
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
-
LabelValue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.74M
CAP Approach
CAP
$11.47M
Comparable Approach
Comparable
$14.31M
Blend (final)
Blend
$17.14M
Owner & transaction history
One Label Place LLC · 6 yrs held
One Label Place LLC
since 2020
Last sale
$20.0M
5 recorded transactions
Zoning & alternative use
SPI-AP-4 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$24.4M
+142.6%
Apartment house (5+ units)
$18.5M
+84.6%
Medical building
$13.7M
+36.0%
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
$11,740,000
CAP Approach
CAP Return
Estimation
6%
$12,425,000
6.5%
$11,470,000
7%
$10,650,000
Alternative Use
Use
Estimation
RESTAURANT
$24,375,000
Change: +143% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$18,545,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$13,665,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,150,000
Change: +31% · Conversion: Moderate
RETAIL STORES
$11,225,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$11,080,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$17.14M
Range $15.42M – $18.85M · ±10% · vs last sale $20.00M (Mar 12 2020)
Last sale anchor
$20.00M
Mar 12 2020
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
$339 / 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
$116,472
Tax year 2023
Assessed value
$6,689,200
Assessed 2023
Previous assessed
$5,894,900
+13.5% YoY
Effective rate
1.74%
On assessed value
Assessed land
$977,425
Assessed improvement
$5,711,775
Land market value
$977,425
Improvement market value
$5,711,775
Total market value
$6,689,200
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Total area
50,555 SF
Lot
4.97 ac (216,460 SF)
Zoning code
SPI-AP-4
APN
U31281817H000000000030
UPID
US18-7419922
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
RESTAURANT
Est. value
$24.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.5M
MEDICAL BUILDING
Est. value
$13.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.2M
RETAIL STORES
Est. value
$11.2M
OFFICE BUILDING
Est. value
$11.1M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
4.97 ac
Current owner
From public records · entity-resolved
One Label Place LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5445 HANGAR CT, TAMPA, FL 33634-5341
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
$2,000,000
One Label Place LLC
Anazaohealth Corp
Grant Deed
—
Sep 6, 2019
$6,407,000
Anazaohealth Corp
Rmf Realty LLC
Grant Deed
$4,257,000 · Rmf Realty LLC
Dec 9, 2009
—
Rmf Realty LLC
—
Deed Of Trust
related
$7,000,000 · Usameribank
May 30, 2000
$1,409,600
Clyde Flp Ltd
Rosenberg,donald S & Marshal E
Grant Deed
—
—
—
Rmf Realty LLC
—
Deed Of Trust
related
$3,000,000 · Usameribank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5445 Hangar Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
