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Property profile & analytics
OFF-MARKET
Parking lots & garages
609 Cumberland Ave Tampa, FL 33602
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0587894
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1964
Total area
300 SF
Lot
0.76 ac (33,276 SF)
Zoning code
CBD-2
APN
A2429184ZM000099000010
UPID
US19-0587894
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brorein Partners LLC · 7 yrs held
Brorein Partners LLC
since 2018
5 recorded transactions
Zoning & alternative use
CBD-2 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$49,650
Tax year 2023
Assessed value
$3,952,415
Assessed 2023
Previous assessed
$3,302,415
+19.7% YoY
Effective rate
1.26%
On assessed value
Assessed land
$3,903,275
Assessed improvement
$49,140
Land market value
$3,903,275
Improvement market value
$49,140
Total market value
$3,952,415
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
300 SF
Lot
0.76 ac (33,276 SF)
Zoning code
CBD-2
APN
A2429184ZM000099000010
UPID
US19-0587894
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CBD-2 · Tampa, FL
Zoning CBD-2 · permitted uses
CBD-2 · 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.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Brorein Partners LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1410 N FLORIDA AVE, TAMPA, FL 33602-2612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2018
$2,750,000
Brorein Partners LLC
Tampa Hillsborough Cnty Expres
Grant Deed
—
Oct 18, 2007
$205,000
609 Cumberland Property LLC
Imperial Nurseries INC
Deed
$1,742,500 · Colonial Bank NA
Oct 18, 2007
—
Imperial Nurseries INC
Griffin Land & Nurseries INC
Grant Deed
related
—
—
—
609 Cumberland Property LLC
—
Deed Of Trust
related
$1,594,469 · Usameribank
—
—
609 Cumberland Property LLC
—
Deed Of Trust
related
$1,494,964 · Usameribank
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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