Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Drive through restaurants
8606 Elm Fair Blvd Tampa, FL 33610-7361
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-2439889
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,739 SF
Lot
0.74 ac (32,020 SF)
Zoning code
IPD-2
APN
U0129191ML000000000121
UPID
US18-2439889
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
-
Five Guys Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$641k
Blend (final)
Blend
$515k
Owner & transaction history
5 G-malhi LLC · 13 yrs held
5 G-malhi LLC
since 2013
7 recorded transactions
Zoning & alternative use
IPD-2 · 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
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$188 / 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
$16,966
Tax year 2023
Assessed value
$1,043,139
Assessed 2023
Previous assessed
$915,257
+14.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$400,250
Assessed improvement
$642,889
Land market value
$400,250
Improvement market value
$642,889
Total market value
$1,043,139
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,739 SF
Lot
0.74 ac (32,020 SF)
Zoning code
IPD-2
APN
U0129191ML000000000121
UPID
US18-2439889
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IPD-2 · Tampa, FLZoning IPD-2 · permitted uses
IPD-2 · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
5 G-malhi LLC
Entity
Mailing address
11821 SHIRE WYCLIFFE CT, TAMPA, FL 33626-3330
Ownership since
2013
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
Jan 7, 2020
—
Srk Hospitality Group LLC
—
Deed
related
$4,777,050 · First Citrus Bk
May 8, 2013
—
5 G-malhi LLC
First Tampa 301 LLC
Grant Deed
related
$960,000 · Fifth Third Bank
Dec 31, 2012
$1,537,500
5 G-malhi LLC
First Tampa 301 LLC
Grant Deed
$1,000,000 · First Tampa 301 LLC
Mar 4, 2010
—
First Tampa 301 LLC
Fisfassie Family III Ltd Ptshp
Warranty Deed
related
—
Jan 19, 2010
$275,000
First Tampa 301 LLC
Sfassie Family III LP
Warranty Deed
related
—
Dec 3, 2005
$325,000
Sfassie Family III
Impact Properties Viii LLC
Warranty Deed
—
—
—
First Tampa 301 LLC
—
Deed Of Trust
related
$750,000 · Heritage Bank Of Florida
—
—
Srk Hospitality Group LLC
—
Deed Of Trust
related
$4,777,050 · First Citrus 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8606 Elm Fair Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
