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Property profile & analytics
OFF-MARKET
Estimated value
$35,135,000
Office buildings
599 Lk Kathy Dr Brandon, FL 33510-3945
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4222369
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
57,970 SF
Lot
5 ac (217,782 SF)
Zoning code
PD
APN
U2029205PA000000000021
UPID
US18-4222369
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
-
Swift Verse Insurance Counselor
-
Brandon Pest Control Solutions Animal Shelter Pet Adoption Service
-
La Cocacola Government Office
-
Gold Garage Doors Reapir Building Supply General Contractor
-
Prime Cooling & Heating HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$35.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.14M
Owner & transaction history
Tamba Regency Owner LLC · 2 yrs held
Tamba Regency Owner LLC
since 2024
Last sale
$35.1M
6 recorded transactions
Zoning & alternative use
PD · Brandon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.2M
+157.3%
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 Brandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brandon 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
$35,135,000
ML approach
$35,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$28,190,000
Change: +157% · Conversion: Moderate
Blend value · Realmo final
$35.14M
Range $31.62M – $38.65M · ±10% · vs last sale $35.13M (Mar 14 2024)
Last sale anchor
$35.13M
Mar 14 2024
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
$606 / 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
$97,938
Tax year 2023
Assessed value
$5,429,800
Assessed 2023
Previous assessed
$4,851,000
+11.9% YoY
Effective rate
1.80%
On assessed value
Assessed land
$2,065,140
Assessed improvement
$3,364,660
Land market value
$2,065,140
Improvement market value
$3,364,660
Total market value
$5,429,800
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
4
Total area
57,970 SF
Lot
5 ac (217,782 SF)
Zoning code
PD
APN
U2029205PA000000000021
UPID
US18-4222369
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Brandon, FL
Zoning PD · permitted uses
PD · Brandon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brandon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$28.2M
RESTAURANT
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
5 ac
Current owner
From public records · entity-resolved
Tamba Regency Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
280 PARK AVE FL, NEW YORK, NY 10017-1274
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
$35,134,300
Tamba Regency Owner LLC
Regency Park North LLC
Special Warranty Deed
—
Aug 13, 2020
$24,376,007
Regency Park North LLC
Moorings Regency LLC
Warranty Deed
—
Aug 13, 2020
—
Regency Park North LLC
—
Deed
related
$24,376,007 · Tampa-lake Kathy Drive Note Ow
Jan 7, 2020
—
Moorings Regency LLC
—
Loan Modification
related
$24,626,031 · Tampa Lk Kathy Drive Note Owne
Sep 20, 2006
$16,531,400
Moorings Regency LLC
Duke-regency III LLC
Grant Deed
$29,000,000 · Morgan Stanley Mtg Cap
—
—
Regency Park North LLC
—
Loan Modification
related
$24,376,007 · Tampa-lake Kathy Drive Note Ow
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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