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Property profile & analytics
OFF-MARKET
Estimated value
$5,700,000
Showrooms
5555 50th St, Tampa, FL 33610-4803
Entity Owned
Free & Clear
Property ID
US18-0773597
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Construction
STEEL FRAME
Total area
31,910 SF
Lot
6.69 ac (291,496 SF)
Zoning code
M
APN
U3428191M5000000000002
UPID
US18-0773597
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
-
B & T Pallets Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.70M
CAP Approach
CAP
$5.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.70M
Owner & transaction history
Pkst Tampa 5555 North LLC
Pkst Tampa 5555 North LLC
since 2025
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
M · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.6M
+74.0%
Neighborhood: shopping center
$8.3M
+67.5%
Auto repair, garage
$6.2M
+24.2%
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
$5,700,000
ML approach
$5,700,000
CAP Approach
CAP Return
Estimation
6%
$6,460,000
6.5%
$5,965,000
7%
$5,540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,960,000
Current use
MEDICAL BUILDING
$8,625,000
Change: +74% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,300,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,155,000
Change: +24% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,580,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$5.70M
Range $5.13M – $6.27M · ±10% · vs last sale $5.70M (Oct 16 2024)
Last sale anchor
$5.70M
Oct 16 2024
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
$179 / 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
$19,279
Tax year 2023
Assessed value
$1,068,100
Assessed 2023
Previous assessed
$907,000
+17.8% YoY
Effective rate
1.80%
On assessed value
Assessed land
$612,142
Assessed improvement
$455,958
Land market value
$612,142
Improvement market value
$455,958
Total market value
$1,068,100
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
1
Total area
31,910 SF
Lot
6.69 ac (291,496 SF)
Zoning code
M
APN
U3428191M5000000000002
UPID
US18-0773597
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
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$6.2M
INDUSTRIAL (GENERAL)
Est. value
$5.6M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1978
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Lot
6.69 ac
Current owner
From public records · entity-resolved
Pkst Tampa 5555 North LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7952 FRUITVILLE RD, SARASOTA, FL 34240-8829
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$8,275,000
Pkst Tampa 5555 North LLC
Hk North 50th LLC
Special Warranty Deed
—
Oct 16, 2024
$5,700,000
Hk North 50th LLC
Pallet Guy LLC
Special Warranty Deed
$4,280,151 · Banksouth
Oct 16, 2024
—
Hk North 50th LLC
Pallet Guy LLC
Quitclaim Deed
related
—
Apr 1, 2019
—
Pallet Guy LLC
—
Deed
related
$225,000 · Sabal Palm Bk
Apr 30, 2018
—
Pallet Guy LLC
—
Deed
related
$1,080,000 · Sabal Palm Bk
Jun 26, 2013
$900,000
Pallet Guy LLC
Bottling Group LLC
Grant Deed
$750,000 · Bay Cities Bank
—
—
Pallet Guy LLC
—
Deed Of Trust
related
$225,000 · Sabal Palm Bk
—
—
Pallet Guy LLC
—
Deed Of Trust
related
$1,080,000 · Sabal Palm Bk
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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