Entity Owned Property summary
AI-generated overview
This exceptional 2,101 square foot office space, situated at 6408 W. Linebaugh Avenue, offers a blend of medical and traditional office suitability. Ideally located north of Tampa International Airport in the airport submarket, this single-tenant property provides unparalleled accessibility to Hillsborough, Pinellas, and Pasco counties via the Veterans Expressway. The building boasts a convenient grade-level loading door, ample parking (4 spaces per 1,000 square feet), and the potential for additional outside storage or parking expansion. Enjoy excellent visibility on Linebaugh Avenue, with a high traffic count of 40,500 vehicles per day (per FDOT data). The property features a beautifully finished interior and benefits from local ownership and property management. Its M (manufacturing) zoning designation within Hillsborough County adds versatility. The location is further enhanced by its proximity to established businesses such as Safelite Autoglass and Mortensen Engineering, Inc., creating a strong and desirable business environment. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located, and highly visible office space in a thriving Tampa Bay area submarket.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,739 SF
Lot
2.25 ac (98,130 SF)
Zoning code
M
APN
U242817ZZZ000000354400
UPID
US18-3711592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Supply Store Manufacturer
-
Association Or Organization
-
Environmental Engineer
-
Engineer
-
Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.59M
CAP Approach
CAP
$5.62M
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$4.52M
Owner & transaction history
since 2022
Last sale
$4.4M
3 recorded transactions
Zoning & alternative use
M · Tampa, FL
Top alternative use upside
Office building
$6.9M
+85.0%
Medical building
$6.7M
+79.2%
Neighborhood: shopping center
$6.4M
+72.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.52M
Value range
$4.07M – $4.97M
±10% around blend
Estimated value / SF
$183 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
$4.07M
blend $4.52M
$4.97M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
24,739 SF
Lot area
2.25 ac
Year built
1984
Stories
1
APN
U242817ZZZ000000354400
Zoning
M
Assessed value
$1,875,200
Annual tax
$34,097
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.62M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.08M
@ 6.5% CAP return
$5.62M
@ 7% CAP return
$5.21M
4
Sales comparison
Partial preview
Sales approach indication
$1.60M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.9 mi away · 29,375 SF
24.2 mi away · 31,981 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.52M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 281 sales
$151
+21%
County 367 sales
$148
+23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $183/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+85%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Retail Stores
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
8.10%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.10%
9.0%
NOI (est.)
$310k *
Last sale · Apr 2022
$4.43M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.82M
Move the market yield to see immediate price impact.
Value / SF
$155
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.60%8.10%8.60%
$279k
$3.67M
$3.44M
$3.24M
$310k
$4.08M
$3.82M
$3.60M
$341k
$4.48M
$4.21M
$3.96M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$2.04M
13.9 mi · Nov 2025 · $69/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$34,097
Tax year 2023
Assessed value
$1,875,200
Assessed 2023
Previous assessed
$1,499,300
+25.1% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,045,752
Assessed improvement
$829,448
Land market value
$1,045,752
Improvement market value
$829,448
Total market value
$1,875,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
11
Rooms
11
Total area
24,739 SF
Lot
2.25 ac (98,130 SF)
Zoning code
M
APN
U242817ZZZ000000354400
UPID
US18-3711592
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Tampa, FLZoning M · permitted uses
M · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
11
Rooms
11
Lot
2.25 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M
Jurisdiction
Tampa, FL
Recorded code
M
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M in Tampa, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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