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Property profile & analytics
FOR LEASE
Office buildings
5807 Breckenridge Pkwy Tampa, FL 33610
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0431800
For Lease
1 / 2
$2,670,000
5807 Breckenridge Pkwy, Tampa, FL 33610
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,236 SF
Lot
4.88 ac (212,585 SF)
Zoning code
CI
APN
U3628191MD000002B00000
UPID
US19-0431800
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
-
GSA Travel Agency
-
TSR Inc Employment Agency
-
Occupational Safety And Health Administration Government Office Occupational Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$2.67M
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)
$3.8M
+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%
$2,145,000
6.5%
$1,980,000
7%
$1,835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,185,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,755,000
Change: +18% · Conversion: Easy
MEDICAL BUILDING
$2,765,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,665,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±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
$261 / 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
$105,586
Tax year 2023
Assessed value
$6,372,600
Assessed 2023
Previous assessed
$5,831,100
+9.3% YoY
Effective rate
1.66%
On assessed value
Assessed land
$1,151,913
Assessed improvement
$5,220,687
Land market value
$1,151,913
Improvement market value
$5,220,687
Total market value
$6,372,600
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 Lease
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
10
Rooms
39
Total area
10,236 SF
Lot
4.88 ac (212,585 SF)
Zoning code
CI
APN
U3628191MD000002B00000
UPID
US19-0431800
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
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
10
Rooms
39
Lot
4.88 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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
Alp Arc III Breckenridge Property C
—
Deed
related
$700,000,000 · German American Capital Corp
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
Jan 2, 2020
—
Mlg Of Pf Breckenridge Invs LLC
—
Deed
related
$21,300,000 · Cibc Bk USA
Sep 13, 2017
$22,500,000
Mlg Of Pf Breckenridge Inv LLC
Breckenridge Park Holdings LLC
Grant Deed
related
$16,389,020 · Privatebank & Tr
Nov 7, 2015
—
Breckenridge Park Holdings LLC
Breckenridge I LLC Coc
Quit Claim Deed
related
—
Oct 13, 2015
$100
5805-5811 Breckenridge Parkway
Breckenridge I LLC Coc
Trustees Deed
related
—
Jan 18, 2006
$6,850,000
Acp Of Breckenridge Owner I LLC
Canadian Property Trust
Grant Deed
—
Sep 22, 1997
$5,050,000
Summit Real Estate Investment
Breckenridge Partners Ltd
Grant Deed
—
—
—
Mlg Of Pf Breckenridge Invs LLC
—
Loan Modification
related
$21,300,000 · Cibc Bk USA
—
—
Arepiii Bp Industrial LLC
—
Loan Modification
related
$26,250,000 · Blk Us SR Mezz LLC
—
—
Acp Of Breckenridge Owner I LLC
—
Deed Of Trust
related
$5,720,000 · Countrywide Com'l R E Fin
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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