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Property profile & analytics
OFF-MARKET
Estimated value
$3,195,000
Showrooms
6405 50th St, Tampa, FL 33610-4057
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US19-0658286
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1983
Construction
STEEL FRAME
Total area
15,456 SF
Lot
1.62 ac (70,762 SF)
Zoning code
CI
APN
U3428191M5000003000206
UPID
US19-0658286
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
-
Truck Repair Plus Inc Auto Repair Shop
-
Intoxalock Ignition Interlock Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$4.00M
Blend (final)
Blend
$3.20M
Owner & transaction history
Tampa 21 Properties LLC · 19 yrs held
Tampa 21 Properties LLC
since 2006
7 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+100.3%
Medical building
$4.2M
+74.0%
Neighborhood: shopping center
$4.0M
+67.5%
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%
$3,130,000
6.5%
$2,890,000
7%
$2,685,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,400,000
Current use
OFFICE BUILDING
$4,810,000
Change: +100% · Conversion: Easy
MEDICAL BUILDING
$4,180,000
Change: +74% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,020,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,980,000
Change: +24% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,705,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$3.20M
Range $2.88M – $3.51M · ±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
$207 / 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
$31,256
Tax year 2023
Assessed value
$1,895,900
Assessed 2023
Previous assessed
$1,603,900
+18.2% YoY
Effective rate
1.65%
On assessed value
Assessed land
$314,454
Assessed improvement
$1,581,446
Land market value
$314,454
Improvement market value
$1,581,446
Total market value
$1,895,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
4
Rooms
9
Total area
15,456 SF
Lot
1.62 ac (70,762 SF)
Zoning code
CI
APN
U3428191M5000003000206
UPID
US19-0658286
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
COMMERCIAL (GENERAL) Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (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
1983
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Rooms
9
Lot
1.62 ac
Current owner
From public records · entity-resolved
Tampa 21 Properties LLC
Entity
Mailing address
104 E FOWLER AVE STE #201, TAMPA, FL 33612-5237
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2020
—
Tampa 21 Properties LLC
—
Deed
related
$570,000 · Flagship Bank & Trust
Aug 7, 2006
$720,000
Tampa 21 Properties LLC
S & W Property Holding Co INC
Warranty Deed
$500,000 · First Kensington Bank
Feb 2, 1999
$412,000
S & W Property Holding INC
Schmitt,heinz
Grant Deed
$359,600 · Madison Bank
—
—
Tampa 21 Properties LLC
—
Deed Of Trust
related
$694,400 · Jefferson Bk/fl
—
—
Tampa 21 Properties LLC
—
Deed Of Trust
related
$570,000 · Flagship Bk
—
—
Tampa 21 Properties LLC
—
Deed Of Trust
related
$600,000 · Pasco 32 Buildings LLC
—
—
S & W Property Holding Co INC
—
Deed Of Trust
related
$500,000 · Madison Bank
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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