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Property profile & analytics
OFF-MARKET
Estimated value
$3,205,000
Office buildings
6037 Winthrop Commerce Ave Riverview, FL 33578-4207
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0578358
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,288 SF
Lot
0.18 ac (7,873 SF)
Zoning code
PD
APN
U093020ZZZ00000284090L
UPID
US19-0578358
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
-
Millennium Physician Group - Riverview Primary-Care Medical Clinic
-
Ghazanfar Khadim, MD, FACC, FSCAI Physician
-
Abdulghani Saadi, MD, FACC, FSCAI Physician
-
Moethu Win, MD, FACC, FSCAI Physician
-
Almois Mohamad, MD, FACC, FSCAI Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.18M
CAP Approach
CAP
$3.47M
Comparable Approach
Comparable
$3.10M
Blend (final)
Blend
$3.21M
Owner & transaction history
Land Innovations Of Tampa Bay LLC · 4 yrs held
Land Innovations Of Tampa Bay LLC
since 2022
Last sale
$3.3M
1 recorded transaction
Zoning & alternative use
PD · Riverview, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.0M
+56.7%
Medical building
$3.5M
+10.0%
Neighborhood: shopping center
$3.5M
+8.4%
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 Riverview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverview 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
$3,145,000
ML approach
$3,180,000
CAP Approach
CAP Return
Estimation
6%
$3,760,000
6.5%
$3,470,000
7%
$3,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,215,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,040,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$3,540,000
Change: +10% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,485,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$3,115,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,010,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,695,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.21M
Range $2.88M – $3.53M · ±10% · vs last sale $3.30M (Jan 3 2022)
Last sale anchor
$3.30M
Jan 3 2022
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
$224 / 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
$46,386
Tax year 2023
Assessed value
$2,659,400
Assessed 2023
Previous assessed
$2,522,000
+5.4% YoY
Effective rate
1.74%
On assessed value
Assessed land
$236,190
Assessed improvement
$2,423,210
Land market value
$236,190
Improvement market value
$2,423,210
Total market value
$2,659,400
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
14,288 SF
Lot
0.18 ac (7,873 SF)
Zoning code
PD
APN
U093020ZZZ00000284090L
UPID
US19-0578358
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Riverview, FL
Zoning PD · permitted uses
PD · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverview. 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
$5.0M
MEDICAL BUILDING
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Land Innovations Of Tampa Bay LLC
Entity
Mailing address
3217 STONEBRIDGE TRL, VALRICO, FL 33596-9252
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$3,300,000
Land Innovations Of Tampa Bay LLC
Winthrop Building F LLC
Warranty Deed
$2,475,000 · Gte FCU
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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