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Property profile & analytics
FOR SALE
Auto shops
7309 S Germer St Tampa, FL 33616
Entity Owned
Free & Clear
Property ID
US18-5342434
For Sale
1 / 9
$375,000
7309 S Germer St, Tampa, FL 33616
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Property summary
AI-generated overview
This exceptional 15,000± square foot industrial lot, located at 7309 S Germer St in Tampa, Florida (zip code 33616), presents a unique investment opportunity. Situated on the west side of South Germer Street in Port Tampa City, this unimproved parcel is zoned IG (Industrial General). The property is currently designated as industrial land and offers significant potential for redevelopment. While currently unimproved, the highest and best use may be conversion to residential use, subject to necessary approvals and permits. The lot size is approximately 0.34 acres (15,000± sq ft). The property is located in flood zone AE. It's important to note that this property is being sold by a guardian for the owner of record. Detailed information regarding the guardianship process is available upon request. This is an "as is" sale. Serious inquiries only. Contact us for further details and to obtain the guardianship information sheet.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,136 SF
Lot
0.34 ac (15,000 SF)
Zoning code
IG
APN
A19301842P000006000040
UPID
US18-5342434
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B & L Real Estate Holdings LLC
B & L Real Estate Holdings LLC
since 2025
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
IG · 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
—
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
$3,258
Tax year 2023
Assessed value
$207,975
Assessed 2023
Previous assessed
$166,252
+25.1% YoY
Effective rate
1.57%
On assessed value
Assessed land
$156,000
Assessed improvement
$51,975
Land market value
$156,000
Improvement market value
$51,975
Total market value
$207,975
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
3,136 SF
Lot
0.34 ac (15,000 SF)
Zoning code
IG
APN
A19301842P000006000040
UPID
US18-5342434
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IG · Tampa, FL
Zoning IG · permitted uses
IG · 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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
B & L Real Estate Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
13799 PARK BLVD UNIT #211, SEMINOLE, FL 33776-3402
Ownership since
2025
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 6, 2025
—
B & L Real Estate Holdings LLC
Michael Edward Breit
Quitclaim Deed
related
—
May 8, 2025
$300,000
Michael Edward Breit
Alecia Lyons
Warranty Deed
$297,000 · Edward W Breit Trust
May 13, 2010
—
John D Crosson
Crosson,john D
Quit Claim Deed
related
—
Jun 11, 1997
$45,000
John S Crosson
A & S Enterprises Tampa Bay In
Quit Claim Deed
related
$40,000 · Individual
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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