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Property profile & analytics
OFF-MARKET
Estimated value
$4,250,000
Office buildings
5804 Breckenridge Pkwy Tampa, FL 33610-4245
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-9156345
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,048 SF
Lot
6.69 ac (291,270 SF)
Zoning code
CI
APN
U362819ZZZ000001429700
UPID
US18-9156345
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
-
All Ways Caring HomeCare - Tampa, Florida Employment Agency
-
Expressclerk Crdentia Corporation Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.68M
Comparable Approach
Comparable
$4.49M
Blend (final)
Blend
$4.25M
Owner & transaction history
Arep III Bp Industrial LLC · 5 yrs held
Arep III Bp Industrial LLC
since 2020
7 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.0M
+17.9%
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%
$3,990,000
6.5%
$3,680,000
7%
$3,420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,925,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,985,000
Change: +18% · Conversion: Easy
MEDICAL BUILDING
$5,150,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,955,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.25M
Range $3.83M – $4.68M · ±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
$223 / 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
$106,361
Tax year 2023
Assessed value
$6,678,200
Assessed 2023
Previous assessed
$6,678,200
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$1,340,282
Assessed improvement
$5,337,918
Land market value
$1,340,282
Improvement market value
$5,337,918
Total market value
$6,678,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
12
Rooms
48
Total area
19,048 SF
Lot
6.69 ac (291,270 SF)
Zoning code
CI
APN
U362819ZZZ000001429700
UPID
US18-9156345
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FL
Zoning CI · permitted uses
CI · 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
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
12
Rooms
48
Lot
6.69 ac
Current owner
From public records · entity-resolved
Arep III Bp Industrial LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1600 MARKET ST STE #2600, PHILADELPHIA, PA 19103-7219
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2020
$31,750,000
Arep III Bp Industrial LLC
Mlg Of Pf Breckenridge Invs LLC
Warranty Deed
—
Sep 29, 2020
—
Arepiii Bp Industrial LLC
—
Deed
related
$26,250,000 · Blk Us SR Mezz LLC
Sep 13, 2017
$22,500,000
Mlg Of Pf Breckenridge Inv LLC
Breckenridge Park Holdings LLC
Grant Deed
related
$16,389,020 · Privatebank & Tr
Dec 7, 2015
$1,904,200
Breckenridge Park Holdings LLC
5804-5810 Breckenridge Parkway Hold
Special Warranty Deed
—
Jan 27, 2015
$300
5804-5810 Breckenridge Parkway
Breckenridge II LLC Coc
Trustees Deed
related
—
Oct 16, 2008
$5,122,100
Breckenridge II LLC
Acp Breckenridge Viii Owner Ll
Grant Deed
$2,000,000 · Ml-cfc Trust 2007-6 (tr)
Sep 17, 2008
—
Acp Breckenridge Viii Owner Ll
C-childress-harrod 1 Ltd
Quit Claim Deed
related
—
Feb 28, 2007
$5,250,000
Acp Breckenridge Viii Owner Ll
Breckenridge Viii Inv Corp
Grant Deed
related
$4,529,000 · Countrywide Com'l R E Fin
—
—
Arepiii Bp Industrial LLC
—
Loan Modification
related
$26,250,000 · Blk Us SR Mezz LLC
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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