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Property profile & analytics
OFF-MARKET
Estimated value
$8,010,000
Office buildings
5570 Idlewild Ave, Tampa, FL 33634-8015
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-0773625
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
48,903 SF
Lot
3.25 ac (141,755 SF)
Zoning code
SPI-AP-4
APN
U31281817GA00000000020
UPID
US18-0773625
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
-
Gateway One Lending & Finance, a TCF Bank Company - Tampa Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.91M
Comparable Approach
Comparable
$7.93M
Blend (final)
Blend
$8.01M
Owner & transaction history
Tampa Ibc LLC · 8 yrs held
Tampa Ibc LLC
since 2017
7 recorded transactions
Zoning & alternative use
SPI-AP-4 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.2M
+23.3%
Neighborhood: shopping center
$12.7M
+18.7%
Retail stores
$10.9M
+1.3%
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%
$11,815,000
6.5%
$10,905,000
7%
$10,125,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,720,000
Current use
MEDICAL BUILDING
$13,220,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$12,720,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$10,860,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$9,720,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,435,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$8.01M
Range $7.21M – $8.81M · ±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
$164 / 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
$95,552
Tax year 2023
Assessed value
$5,409,100
Assessed 2023
Previous assessed
$4,862,100
+11.3% YoY
Effective rate
1.77%
On assessed value
Assessed land
$668,942
Assessed improvement
$4,740,158
Land market value
$668,942
Improvement market value
$4,740,158
Total market value
$5,409,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Total area
48,903 SF
Lot
3.25 ac (141,755 SF)
Zoning code
SPI-AP-4
APN
U31281817GA00000000020
UPID
US18-0773625
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
OFFICE BUILDING Current
Est. value
$10.7M
MEDICAL BUILDING
Est. value
$13.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
RETAIL STORES
Est. value
$10.9M
WAREHOUSE, STORAGE
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$9.4M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
WAREHOUSE, STORAGE
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
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
4
Lot
3.25 ac
Current owner
From public records · entity-resolved
Tampa Ibc LLC
Entity
Mailing address
5806 GRV AVE STE #259, RICHMOND, VA 23226-2630
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2017
$10,039,533
Tampa Ibc LLC
Tampa Intl Busn Center LLC
Trustees Deed
related
$7,400,000 · Other Institutional Lenders
Jul 15, 2016
—
Tampa Intl Busn Center LLC
—
Deed
related
$12,000,000 · Wells Fargo Bk
Aug 28, 2013
$4,700,000
Tampa Intl Busn Center LLC
Cgcmt 2004-c1 North Hoover LLC
Grant Deed
—
Feb 9, 2010
—
Cgcmt 2004-c1 North Hoover LLC
Nnn Lakeside Tech LLC Coc
Trustees Deed
related
—
Feb 13, 2004
$1,007,300
Nnn Lakeside Tech 6 LLC
Foa 5301 5570 W Idlewild Ave
Trustees Deed
$14,625,000 · Citigroup Global Markets Realt
Feb 13, 2004
$615,600
Nnn Lakeside Tech 11 LLC
Foa 5301 5570 W Idlewild Ave
Grant Deed
—
Feb 13, 2004
$4,448,800
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,902,700
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$2,098,500
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,119,200
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,483,000
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$895,400
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,846,700
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,147,200
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,706,800
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$839,400
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Feb 13, 2004
$1,259,100
Foa 5301 5570 W Idlewild Ave
—
Trustees Deed
related
—
Oct 2, 1997
$21,500,000
Highwoods/florida Holdings LP
Lakeside Telecom LP
Grant Deed
related
—
Sep 26, 1997
$250,000
Lakeside Telcom Land LP
Lakeside Telecom LP
Grant Deed
related
—
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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