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Property profile & analytics
OFF-MARKET
Estimated value
$11,250,000
Warehouses
5711 Johns Rd Tampa, FL 33634-4476
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4801318
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
29,760 SF
Lot
1.8 ac (78,307 SF)
Zoning code
SPI-AP-5
APN
U31281817I000000000120
UPID
US18-4801318
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
-
Momentum Solar - Tampa Solar Energy Company
-
Spark International LLC Logistics Company
-
Metro Courier Service Inc Postal Service Courier Service
-
Pro Access Systems Inc Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.67M
CAP Approach
CAP
$6.75M
Comparable Approach
Comparable
$5.95M
Blend (final)
Blend
$11.25M
Owner & transaction history
Legacy Tc II LLC · 6 yrs held
Legacy Tc II LLC
since 2020
Last sale
$8.9M
3 recorded transactions
Zoning & alternative use
SPI-AP-5 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.4M
+142.6%
Apartment house (5+ units)
$10.9M
+84.6%
Medical building
$8.0M
+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
$11,250,000
ML approach
$11,665,000
CAP Approach
CAP Return
Estimation
6%
$7,315,000
6.5%
$6,750,000
7%
$6,270,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,915,000
Current use
RESTAURANT
$14,350,000
Change: +143% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,915,000
Change: +85% · Conversion: Difficult
MEDICAL BUILDING
$8,045,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,740,000
Change: +31% · Conversion: Moderate
RETAIL STORES
$6,610,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$6,525,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,740,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$11.25M
Range $10.13M – $12.38M · ±10% · vs last sale $8.90M (Jan 8 2020)
Last sale anchor
$8.90M
Jan 8 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
$378 / 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
$44,521
Tax year 2023
Assessed value
$2,783,500
Assessed 2023
Previous assessed
$2,479,100
+12.3% YoY
Effective rate
1.60%
On assessed value
Assessed land
$783,069
Assessed improvement
$2,000,431
Land market value
$783,069
Improvement market value
$2,000,431
Total market value
$2,783,500
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Rooms
8
Total area
29,760 SF
Lot
1.8 ac (78,307 SF)
Zoning code
SPI-AP-5
APN
U31281817I000000000120
UPID
US18-4801318
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
SPI-AP-5 · Tampa, FLZoning 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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.9M
RESTAURANT
Est. value
$14.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.9M
MEDICAL BUILDING
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.7M
RETAIL STORES
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$5.7M
WAREHOUSE, STORAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Rooms
8
Lot
1.8 ac
Current owner
From public records · entity-resolved
Legacy Tc II LLC
Entity
Free & Clear · 6 yrs held
Mailing address
400 N ASHLEY DR STE #1750, TAMPA, FL 33602-4390
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2020
—
Legacy Tc II LLC
—
Deed
related
$575,000 · Valley Nat'l Bk
Jan 8, 2020
$8,900,000
Legacy Tc II LLC
Industrial LP First
Grant Deed
—
—
—
Legacy Tc II LLC
—
Deed Of Trust
related
$575,000 · Valley Nat'l 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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