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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
6402 Fowler Ave Temple Terrace, FL 33617-2404
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4276431
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,791 SF
Lot
0.17 ac (7,420 SF)
Zoning code
CG
APN
T11281953L0000K3000240
UPID
US18-4276431
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
$510k
CAP Approach
CAP
$400k
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$510k
Owner & transaction history
Delimel Properties LLC · 3 yrs held
Delimel Properties LLC
since 2022
Last sale
$509,000
3 recorded transactions
Zoning & alternative use
CG · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$485,000
+30.7%
Neighborhood: shopping center
$465,000
+25.8%
Retail stores
$400,000
+7.4%
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 Temple Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Terrace 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
$485,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$435,000
6.5%
$400,000
7%
$370,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$370,000
Current use
MEDICAL BUILDING
$485,000
Change: +31% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$465,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$400,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$345,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$340,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $509k (Sep 20 2022)
Last sale anchor
$509k
Sep 20 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
$285 / 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
$7,640
Tax year 2023
Assessed value
$401,900
Assessed 2023
Previous assessed
$284,900
+41.1% YoY
Effective rate
1.90%
On assessed value
Assessed land
$107,590
Assessed improvement
$294,310
Land market value
$107,590
Improvement market value
$294,310
Total market value
$401,900
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
Stories
1
Units
2
Rooms
3
Bathrooms
2
Total area
1,791 SF
Lot
0.17 ac (7,420 SF)
Zoning code
CG
APN
T11281953L0000K3000240
UPID
US18-4276431
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Temple Terrace, FL
Zoning CG · permitted uses
CG · Temple Terrace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Temple Terrace. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$370,000
MEDICAL BUILDING
Est. value
$485,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$465,000
RETAIL STORES
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$345,000
COMMERCIAL (GENERAL)
Est. value
$340,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
Units
2
Rooms
3
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Delimel Properties LLC
Entity
Mailing address
9204 PARTHENON PL, SEFFNER, FL 33584-2659
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
$509,000
Delimel Properties LLC
Amz Investment Solutions LLC
Warranty Deed
$432,650 · Regions Bank
Feb 1, 2021
$325,000
Amz Investment Solutions LLC
Stanley J Hines
Warranty Deed
$165,500 · The Bank Of Tampa
Dec 19, 2020
—
Stanley J Hines
Chad J Bowling
Quit Claim Deed
related
—
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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