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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Car washes
8309 Hillsborough Ave Tampa, FL 33615-3805
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-5322685
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,756 SF
Lot
1.15 ac (49,913 SF)
Zoning code
CG
APN
U352817ZZZ000000421000
UPID
US18-5322685
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
-
Express Wash on Hills Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$710k
Owner & transaction history
Express Wash On Hills LLC · 7 yrs held
Express Wash On Hills LLC
since 2019
7 recorded transactions
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+15.1%
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
by Request
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$920,000
Current use
RETAIL STORES
$1,055,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$905,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$28,955
Tax year 2023
Assessed value
$1,657,827
Assessed 2023
Previous assessed
$1,492,955
+11.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$597,099
Assessed improvement
$1,060,728
Land market value
$597,099
Improvement market value
$1,060,728
Total market value
$1,657,827
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
8
Total area
4,756 SF
Lot
1.15 ac (49,913 SF)
Zoning code
CG
APN
U352817ZZZ000000421000
UPID
US18-5322685
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
AUTO REPAIR, GARAGE Current
Est. value
$920,000
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$905,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
8
Lot
1.15 ac
Current owner
From public records · entity-resolved
Express Wash On Hills LLC
Entity
Mailing address
8309 W HILLSBOROUGH AVE, TAMPA, FL 33615-3805
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
—
Express Wash On Hills LLC
—
Deed
related
$1,636,000 · Freedom Bk
Nov 2, 2019
—
Express Wash On Hills LLC
—
Deed
related
$1,589,540 · Freedom Bk
Oct 25, 2019
—
Express Wash On Hills LLC
—
Deed
related
$17,905 · Freedom Bk
Jan 3, 2019
$1,500,000
Express Wash On Hills LLC
R & L & K Lee LLC
Warranty Deed
$2,619,393 · Freedom Bank
Mar 25, 2009
—
R & L & K Lee LLC
Ly,dieu D & Diep H
Quit Claim Deed
related
—
—
—
Express Wash On Hills LLC
—
Deed Of Trust
related
$2,619,393 · Freedom Bk
—
—
Express Wash On Hills LLC
—
Loan Modification
related
$1,589,540 · Freedom Bk
—
—
Express Wash On Hills LLC
—
Loan Modification
related
$17,905 · Freedom Bk
—
—
Express Wash On Hills LLC
—
Loan Modification
related
$1,636,000 · Freedom Bk
—
—
Express Wash On Hills Llg
—
Deed Of Trust
related
$2,649,237 · Freedom Bk
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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