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Property profile & analytics
FOR SALE
Office buildings
5620 W Sligh Ave, Tampa, FL 33634
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-3844845
For Sale
1 / 36
$2,795,000
5620 W Sligh Ave, Tampa, FL 33634
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Property summary
AI-generated overview
This exceptional 12,246 square foot professional office building, situated in Tampa's Airport area, offers a prime opportunity for businesses seeking high-quality space. Currently, 6,304 square feet of move-in ready office space is available, perfect for a single tenant or a smaller group. The building boasts a thoughtful layout including 15 private offices, a spacious reception area, and a large conference room, ideal for collaborative work and client meetings. The existing build-out is office-intensive, minimizing the need for extensive renovations. The property sits on 1.63 acres of land and provides ample parking with 43 spaces available for tenants and visitors. Its convenient location offers easy access to Veterans Expressway, ensuring seamless commutes for employees and clients. The zoning is SPI - AP - 5, and the APN is 027993.0702. This is a multi-tenant building, with the available space representing a significant portion of the total building square footage. The minimum divisible space is 6,304 square feet, making it suitable for a variety of business needs. This property presents a rare opportunity to secure a well-appointed office space in a highly desirable location. The building's features and convenient access make it an attractive option for businesses seeking a professional and efficient workspace. Don't miss this chance to establish your business in this thriving area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,336 SF
Lot
1.23 ac (53,374 SF)
Zoning code
SPI-AP-5
APN
U31281817I000000000010
UPID
US18-3844845
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
-
Educational Symposia Training Center
-
docmedED Training Center
-
Pathology Education Corporate Office
-
FRS PAC Medical Clinic
-
the Florida Radiological Society Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$3.25M
Blend (final)
Blend
$2.71M
Owner & transaction history
Roaring Fork 4 LLC · 8 yrs held
Roaring Fork 4 LLC
since 2017
5 recorded transactions
Zoning & alternative use
SPI-AP-5 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+23.3%
Neighborhood: shopping center
$3.2M
+18.7%
Retail stores
$2.7M
+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%
$2,980,000
6.5%
$2,750,000
7%
$2,555,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,705,000
Current use
MEDICAL BUILDING
$3,335,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,210,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$2,740,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,450,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,380,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.71M
Range $2.44M – $2.98M · ±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
$220 / 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
$36,627
Tax year 2023
Assessed value
$2,215,600
Assessed 2023
Previous assessed
$1,992,200
+11.2% YoY
Effective rate
1.65%
On assessed value
Assessed land
$266,043
Assessed improvement
$1,949,557
Land market value
$266,043
Improvement market value
$1,949,557
Total market value
$2,215,600
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
For Sale
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
12,336 SF
Lot
1.23 ac (53,374 SF)
Zoning code
SPI-AP-5
APN
U31281817I000000000010
UPID
US18-3844845
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
SPI-AP-5 · Tampa, FL
Zoning SPI-AP-5 · permitted uses
SPI-AP-5 · 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
$2.7M
MEDICAL BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Roaring Fork 4 LLC
Entity
Mailing address
609 SW BITTERN ST, PALM CITY, FL 34990-4015
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2017
$2,430,000
Roaring Fork 4 LLC
First State Investment LLC
Warranty Deed
$1,700,000 · Td Bk NA
Apr 28, 2014
$2,180,000
First State Investment LLC
Dancing Bear Realty Partners LLC
Special Warranty Deed
$1,744,000 · Insight Cu
Aug 19, 2004
$297,000
Dancing Bear Realty Ptrs LLC
Fi Dev Services
Grant Deed
$1,068,750 · Northern Trust Bank Of Florida
Dec 15, 1997
$480,000
Industrial Development S First
Thompson Center II
Grant Deed
related
—
—
—
First State Investment LLC
—
Deed Of Trust
related
$1,752,000 · Homebanc
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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