Back to Search
Property profile & analytics
FOR SALE
Car washes
8725 W Waters Ave Tampa, FL 33615
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3504994
For Sale
1 / 5
$1,200,000
8725 W Waters Ave, Tampa, FL 33615
View Listing →
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,200 SF
Lot
0.73 ac (31,751 SF)
Zoning code
CN
APN
U232817ZZZ000000351600
UPID
US18-3504994
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
-
Diaz Auto Sales Car Dealership
-
Congo Kayak Adventures Canoe & Kayak Rental Service
-
The Beach on the Street Car Wash Car Wash
-
A&A Granite & Quartz Corp. Hardware & Home Improvement Kitchen & Bath Showroom
-
Bucanero Tow Services LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$590k
Owner & transaction history
Ba Nhan LLC · 2 yrs held
Ba Nhan LLC
since 2024
Last sale
$590,000
2 recorded transactions
Zoning & alternative use
CN · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
llowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Semino…
Zone name
Commercial Neighborhood
General category
COMMERCIAL
Zone area
140.03 ac
Top alternative use upside
Office building
$775,000
+82.9%
Medical building
$595,000
+40.1%
Neighborhood: shopping center
$570,000
+34.8%
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
$590,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$425,000
Current use
OFFICE BUILDING
$775,000
Change: +83% · Conversion: Difficult
MEDICAL BUILDING
$595,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$570,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$490,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$420,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $590k (Mar 14 2024)
Last sale anchor
$590k
Mar 14 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
$268 / 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
$9,091
Tax year 2023
Assessed value
$537,581
Assessed 2023
Previous assessed
$468,041
+14.9% YoY
Effective rate
1.69%
On assessed value
Assessed land
$476,265
Assessed improvement
$61,316
Land market value
$476,265
Improvement market value
$61,316
Total market value
$537,581
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
For Sale
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
6
Rooms
7
Bathrooms
1
Total area
2,200 SF
Lot
0.73 ac (31,751 SF)
Zoning code
CN
APN
U232817ZZZ000000351600
UPID
US18-3504994
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CN · Tampa, FLZoning CN · permitted uses
CN · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
llowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16,
Zone name
Commercial Neighborhood
General category
COMMERCIAL
Zone area
140.03 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$425,000
OFFICE BUILDING
Est. value
$775,000
MEDICAL BUILDING
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$570,000
RETAIL STORES
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$420,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
6
Rooms
7
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Ba Nhan LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4519 N MANHATTAN AVE, TAMPA, FL 33614
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2024
$590,000
Ba Nhan LLC
Daniel Barone
Warranty Deed
—
May 13, 2016
—
North,beach Trust
Barone,daniel
Quit Claim Deed
related
—
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?”
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.
