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Property profile & analytics
FOR LEASE
Office buildings
8800 Hidden River Pkwy, Tampa, FL 33637
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-0820533
For Lease
1 / 12
$30,490,000
8800 Hidden River Pkwy, Tampa, FL 33637
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
131,828 SF
Lot
16.84 ac (733,721 SF)
Zoning code
PD
APN
A0128191EM000000000140
UPID
US18-0820533
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
-
Citi Corporate Office
-
willow lake crossing Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.40M
Comparable Approach
Comparable
$41.89M
Blend (final)
Blend
$30.49M
Owner & transaction history
Farley White 8800 LLC · 8 yrs held
Farley White 8800 LLC
since 2017
7 recorded transactions
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$48.4M
+31.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$31,850,000
6.5%
$29,400,000
7%
$27,300,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$36,775,000
Current use
APARTMENT HOUSE (5+ UNITS)
$48,360,000
Change: +31% · Conversion: Easy
MEDICAL BUILDING
$35,635,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$34,295,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$30.49M
Range $27.44M – $33.54M · ±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
$231 / 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
$389,381
Tax year 2023
Assessed value
$19,960,900
Assessed 2023
Previous assessed
$21,459,800
-7.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$4,265,710
Assessed improvement
$15,695,190
Land market value
$4,265,710
Improvement market value
$15,695,190
Total market value
$19,960,900
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
3
Units
1
Rooms
52
Total area
131,828 SF
Lot
16.84 ac (733,721 SF)
Zoning code
PD
APN
A0128191EM000000000140
UPID
US18-0820533
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Tampa, FL
Zoning PD · permitted uses
PD · 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
OFFICE BUILDING Current
Est. value
$36.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$48.4M
MEDICAL BUILDING
Est. value
$35.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.3M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
3
Units
1
Rooms
52
Lot
16.84 ac
Current owner
From public records · entity-resolved
Farley White 8800 LLC
Entity
Mailing address
155 FEDERAL ST STE #1800, BOSTON, MA 02110-1737
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2017
$7,300,000
Farley White 8800 LLC
Apple Glen Investors LP
Special Warranty Deed
$11,000,000 · Coramerica Loan Co LLC
Mar 18, 2011
—
Glen Investors LP Apple
—
Deed Of Trust
related
$6,800,000 · Usameribank
Feb 4, 2000
$16,222,700
Glen Investors LP Apple
Wolverine Equities Co 99e LP
Grant Deed
—
Feb 3, 2000
$13,000,000
Wolverine Equities Co 99e LP
Salomon Smith Barney Holdings
Grant Deed
related
—
—
—
Apple Glen Investors LP
—
Loan Modification
related
$10,750,000 · Usameribank
—
—
Apple Glen Investors LP
—
Deed Of Trust
related
$725,000 · Usameribank
—
—
Apple Glen Investors LP
—
Loan Modification
related
$1,975,000 · Usameribank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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