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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Strip malls
7408 Commerce St Riverview, FL 33578-4333
Entity Owned
~
Est. High Equity
Property ID
US18-5450184
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,139 SF
Lot
0.62 ac (26,800 SF)
Zoning code
RDD-DT1
APN
U1730202RP000000000060
UPID
US18-5450184
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
-
Riverview AquaBarrier Roof Solutions Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$910k
Owner & transaction history
Tampa Bay Legacy LLC
Tampa Bay Legacy LLC
since 2026
Last sale
$980,000
3 recorded transactions
Zoning & alternative use
RDD-DT1 · Riverview, 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 Riverview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverview 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
$740,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $980k (Jan 2 2026)
Last sale anchor
$980k
Jan 2 2026
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
$100 / 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
$12,111
Tax year 2023
Assessed value
$675,700
Assessed 2023
Previous assessed
$675,700
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$113,900
Assessed improvement
$561,800
Land market value
$113,900
Improvement market value
$561,800
Total market value
$675,700
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
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
8
Rooms
9
Total area
9,139 SF
Lot
0.62 ac (26,800 SF)
Zoning code
RDD-DT1
APN
U1730202RP000000000060
UPID
US18-5450184
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RDD-DT1 · Riverview, FL
Zoning RDD-DT1 · permitted uses
RDD-DT1 · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverview. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Rooms
9
Lot
0.62 ac
Current owner
From public records · entity-resolved
Tampa Bay Legacy LLC
Entity
Mailing address
7408 COMMERCE ST, RIVERVIEW, FL 33578-4333
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$980,000
Tampa Bay Legacy LLC
Riverview Legacy LLC
Warranty Deed
$784,000 · Skyway Capital Management LLC
Nov 30, 2021
$720,000
Riverview Legacy LLC
Ndsp LLC
Warranty Deed
—
Apr 19, 2007
$600,000
Ndsp LLC
Brandon,kenneth H JR & Karen B
Warranty Deed
$600,000 · Kenneth H JR & Karen B Brandon
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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