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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
6508 Fowler Ave Temple Terrace, FL 33617-2406
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-0153930
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
WOOD
Total area
4,004 SF
Lot
0.28 ac (12,075 SF)
Zoning code
CG
APN
T1128191I10000K4000160
UPID
US18-0153930
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
$683k
Blend (final)
Blend
$595k
Owner & transaction history
Hlm Real Estate INC · 19 yrs held
Hlm Real Estate INC
since 2007
6 recorded transactions
Zoning & alternative use
CG · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$890,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
RETAIL STORES
$890,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$775,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$149 / 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
$9,276
Tax year 2023
Assessed value
$488,500
Assessed 2023
Previous assessed
$455,400
+7.3% YoY
Effective rate
1.90%
On assessed value
Assessed land
$175,088
Assessed improvement
$313,412
Land market value
$175,088
Improvement market value
$313,412
Total market value
$488,500
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
1976
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
6
Rooms
6
Total area
4,004 SF
Lot
0.28 ac (12,075 SF)
Zoning code
CG
APN
T1128191I10000K4000160
UPID
US18-0153930
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
$830,000
RETAIL STORES
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$765,000
OFFICE BUILDING Current
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
1976
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
6
Rooms
6
Lot
0.28 ac
Current owner
From public records · entity-resolved
Hlm Real Estate INC
Entity
Mailing address
6508 E FOWLER AVE, TEMPLE TERRACE, FL 33617-2406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
—
Hlm Real Estate INC
—
Deed
related
$235,000 · Valley Bank
Jan 30, 2007
$345,000
Hlm Real Estate INC
Hanna Lemar & Morris Cpas Pa
Warranty Deed
—
Oct 31, 2002
$320,000
Lemar Pa
Hanna,edward M & Yaeko S
Grant Deed
$300,000 · Edward M & Yaeko S Hanna
—
—
Hlm Real Estate INC
—
Deed Of Trust
related
$111,512 · Edward M & Yaeko S Hanna
—
—
Lemar Hanna
—
Deed Of Trust
related
$100,000 · Terrace Bank Florida
—
—
Lemar Hanna
—
Deed Of Trust
related
$50,000 · Terrace 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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