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Property profile & analytics
OFF-MARKET
Estimated value
$4,875,000
Super regional malls
8538 Gunn Hwy Odessa, FL 33556-3289
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-4306869
Property summary
AI-generated overview
Keystone Crossing, a single-story, 43,077 square foot neighborhood retail center, presents a compelling investment opportunity in Odessa, Florida's Northwest Tampa submarket. Built in 1989, this Class C property sits on a 5.69-acre lot (247,856 square feet) and boasts 100 total parking spaces. The center is located at 8538 Gunn Highway, at the northwest corner of Gunn Highway and S. Mobley Road, with convenient access via Beaty Grove Dr S. Currently fully occupied, the property offers a minimum divisible space of 1,200 square feet. The building features a floor area ratio (FAR) of 0.05 and is zoned CPV-G-. Property taxes are $8.52 per square foot. The property's location within the North Hillsborough submarket cluster provides excellent visibility and accessibility. The parcel's APN is U-35-27-17-ZZZ-000000-23890.0. This is a rare opportunity to acquire a well-situated, fully leased retail center in a thriving area of Northwest Tampa. No elevators are present.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,050 SF
Lot
5.47 ac (238,251 SF)
Zoning code
CPV-G-1
APN
U352717ZZZ000000238900
UPID
US18-4306869
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
-
Vision Ace Hardware Building Supply Hardware & Home Improvement
-
Resharp Sharpening Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.88M
Owner & transaction history
Ca Property & Investment INC · 13 yrs held
Ca Property & Investment INC
since 2012
3 recorded transactions
Zoning & alternative use
CPV-G-1 · Odessa, 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 Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,310,000
6.5%
$5,825,000
7%
$5,405,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,420,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,170,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$4.88M
Range $4.39M – $5.36M · ±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
$143 / 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
$107,200
Tax year 2023
Assessed value
$5,991,700
Assessed 2023
Previous assessed
$5,403,400
+10.9% YoY
Effective rate
1.79%
On assessed value
Assessed land
$2,083,696
Assessed improvement
$3,908,004
Land market value
$2,083,696
Improvement market value
$3,908,004
Total market value
$5,991,700
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Rooms
13
Total area
34,050 SF
Lot
5.47 ac (238,251 SF)
Zoning code
CPV-G-1
APN
U352717ZZZ000000238900
UPID
US18-4306869
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CPV-G-1 · Odessa, FLZoning CPV-G-1 · permitted uses
CPV-G-1 · Odessa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$7.2M
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Rooms
13
Lot
5.47 ac
Current owner
From public records · entity-resolved
Ca Property & Investment INC
Entity
Mailing address
8736 SE 165TH MULBERRY LN #105, THE VILLAGES, FL 32162-5861
Ownership since
2012
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
Nov 1, 2012
$5,044,000
Ca Property & Investment INC
Skm Ventures LLC
Grant Deed
$2,900,000 · Symetra Life Insurance Co
Sep 15, 2006
$5,160,000
Skm Ventures LLC
Rs Keystone LLC
Grant Deed
$4,060,000 · Big Brother Bail Bonds
Jul 30, 2004
$2,600,000
Rs Keystone LLC
Cbl Of Tampa Keystone
Grant Deed
—
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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