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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Manufacturing properties
8523 Nebraska Ave Tampa, FL 33604-1727
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-8476547
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,256 SF
Lot
0.13 ac (5,570 SF)
Zoning code
CI
APN
A19281945M000007000030
UPID
US18-8476547
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
-
New Beginnings Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$490k
Blend (final)
Blend
$805k
Owner & transaction history
Bavaro Nebraska Holdings LLC · 1 yrs held
Bavaro Nebraska Holdings LLC
since 2024
Last sale
$805,000
6 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$880,000
+54.6%
Neighborhood: shopping center
$845,000
+48.8%
Office building
$765,000
+34.4%
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
$805,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$570,000
Current use
MEDICAL BUILDING
$880,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$630,000
Change: +10% · Conversion: Easy
COMMERCIAL (GENERAL)
$620,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$495,000
Change: -13% · Conversion: Moderate
WAREHOUSE, STORAGE
$490,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $805k (Sep 4 2024)
Last sale anchor
$805k
Sep 4 2024
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
$247 / 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
$4,222
Tax year 2023
Assessed value
$221,500
Assessed 2023
Previous assessed
$221,500
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$75,195
Assessed improvement
$146,305
Land market value
$75,195
Improvement market value
$146,305
Total market value
$221,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
2
Total area
3,256 SF
Lot
0.13 ac (5,570 SF)
Zoning code
CI
APN
A19281945M000007000030
UPID
US18-8476547
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FL
Zoning CI · permitted uses
CI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$570,000
MEDICAL BUILDING
Est. value
$880,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
OFFICE BUILDING
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$620,000
RETAIL STORES
Est. value
$495,000
WAREHOUSE, STORAGE
Est. value
$490,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Bavaro Nebraska Holdings LLC
Entity
Mailing address
8523 N PO BOX 173447TH AVE, TAMPA, FL 33672-1447
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$805,000
Bavaro Nebraska Holdings LLC
Gulf Coast Sourdough & Wild Yeast B
Warranty Deed
$682,810 · Valley National Bank
Sep 11, 2020
$255,000
Gulf Coast Sourdough & Wild Yeast B
New Beginnings Of Tampa INC
Warranty Deed
$452,000 · Centerstate Bank
Apr 27, 2012
$129,000
New Beginnings Of Tampa INC
Kleinbaum,barry I
Grant Deed
$129,000 · Kleinbaum Joseph Trust (pt)
Jan 3, 2012
$135,000
Kleinbaum Joseph Trust
Kriisa,rowena R
Warranty Deed
—
Apr 7, 2010
—
Rowena R Kriisa
Chillura,terry R
Grant Deed
—
Nov 29, 2006
$175,000
Terry R Chillura
Kleinbaum,mina
Warranty Deed
$155,000 · Kleinbaum Joseph Trust (tr)
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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