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Property profile & analytics
FOR LEASE
Strip malls
713 N Franklin St Tampa, FL 33602
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-8685577
For Lease
1 / 2
$27 SF/Yr
713 N Franklin St, Tampa, FL 33602
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,918 SF
Lot
0.19 ac (8,487 SF)
Zoning code
CBD-1
APN
A2429184ZI000037000020
UPID
US18-8685577
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
-
Si-am Thaimerican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
719 Franklin LLC · 19 yrs held
719 Franklin LLC
since 2006
4 recorded transactions
Zoning & alternative use
CBD-1 · 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
$109 / 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
$27,140
Tax year 2023
Assessed value
$1,321,100
Assessed 2023
Previous assessed
$1,321,100
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$1,052,388
Assessed improvement
$268,712
Land market value
$1,052,388
Improvement market value
$268,712
Total market value
$1,321,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Rooms
13
Bathrooms
8
Total area
15,918 SF
Lot
0.19 ac (8,487 SF)
Zoning code
CBD-1
APN
A2429184ZI000037000020
UPID
US18-8685577
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CBD-1 · Tampa, FL
Zoning CBD-1 · permitted uses
CBD-1 · 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
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
13
Bathrooms
8
Lot
0.19 ac
Current owner
From public records · entity-resolved
719 Franklin LLC
Entity
Mailing address
1609 E 5TH AVE APT #1, TAMPA, FL 33605-5137
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2006
$1,475,000
719 Franklin LLC
Jadb Investments LLC
Warranty Deed
$1,232,500 · Colonial Bank NA
Sep 29, 2006
—
Jadb Investments LLC
Jadb Investments INC
Quit Claim Deed
related
—
Nov 30, 1998
$420,000
Jadb Investments INC
Hampton,frederick J
Grant Deed
—
—
—
719 Franklin LLC
—
Deed Of Trust
related
$1,275,000 · Branch Banking & Trust Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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