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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Theaters & concert halls
8029 Nebraska Ave Tampa, FL 33604-3131
Entity Owned
4-yr Hold
Property ID
US18-0860764
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,326 SF
Lot
0.3 ac (13,200 SF)
Zoning code
CG
APN
A30281945M000052000010
UPID
US18-0860764
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
-
Springs Theater Catering Service Take-out & Catering
-
NXT Theatrics Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Danger Properties LLC · 4 yrs held
Danger Properties LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CG · 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
Method
Estimation
Statistic approach
$1,100,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,660,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,370,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,235,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,150,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,145,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±10% · vs last sale $1.00M (Nov 30 2021)
Last sale anchor
$1.00M
Nov 30 2021
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
$92 / 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
$15,272
Tax year 2023
Assessed value
$788,500
Assessed 2023
Previous assessed
$693,800
+13.6% YoY
Effective rate
1.94%
On assessed value
Assessed land
$214,500
Assessed improvement
$574,000
Land market value
$214,500
Improvement market value
$574,000
Total market value
$788,500
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Rooms
100
Total area
11,326 SF
Lot
0.3 ac (13,200 SF)
Zoning code
CG
APN
A30281945M000052000010
UPID
US18-0860764
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Tampa, FL
Zoning CG · permitted uses
CG · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
100
Lot
0.3 ac
Current owner
From public records · entity-resolved
Danger Properties LLC
Entity
Mailing address
10920 BONNET HOLE DR, THONOTOSASSA, FL 33592-2216
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$1,000,000
Danger Properties LLC
John Stephan
Warranty Deed
$838,502 · Stephan Revocable Trust
Mar 19, 2007
—
Stephan Trust
Stephan,john
Quit Claim Deed
related
—
Oct 9, 2006
—
John Stephan
Stephan,john & Patricia
Quit Claim Deed
related
$495,000 · Greenpoint Mortgage Funding
Jun 6, 1997
$143,000
John Stephan
Marcus,james G
Grant Deed
—
—
—
Patricia Stephan
—
Deed Of Trust
related
$40,000 · Terrace Bank Florida
—
—
John Stephan
—
Deed Of Trust
related
$100,000 · Patricia Stephan
—
—
John Stephan
—
Deed Of Trust
related
$115,000 · Terrace Bank
—
—
John Stephan
—
Deed Of Trust
related
$100,000 · Terrace Bank Florida
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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