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Property profile & analytics
OFF-MARKET
Estimated value
$13,940,000
Office buildings
8900 Grand Oak Cir, Tampa, FL 33637-1022
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1839510
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1994
Construction
STEEL FRAME
Total area
71,006 SF
Lot
5.86 ac (255,278 SF)
Zoning code
PD-A
APN
A0128191EM000000000050
UPID
US18-1839510
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
-
Patient Safety Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.84M
Comparable Approach
Comparable
$12.73M
Blend (final)
Blend
$13.94M
Owner & transaction history
Morris,gayle & Linda · 12 yrs held
Morris,gayle & Linda
since 2014
7 recorded transactions
Zoning & alternative use
PD-A · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$17,155,000
6.5%
$15,835,000
7%
$14,705,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$19,810,000
Current use
MEDICAL BUILDING
$19,195,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$18,470,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$13.94M
Range $12.55M – $15.33M · ±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
$196 / 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
$241,765
Tax year 2023
Assessed value
$12,586,900
Assessed 2023
Previous assessed
$11,944,700
+5.4% YoY
Effective rate
1.92%
On assessed value
Assessed land
$2,396,295
Assessed improvement
$10,190,605
Land market value
$2,396,295
Improvement market value
$10,190,605
Total market value
$12,586,900
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
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
50
Rooms
50
Total area
71,006 SF
Lot
5.86 ac (255,278 SF)
Zoning code
PD-A
APN
A0128191EM000000000050
UPID
US18-1839510
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD-A · Tampa, FL
Zoning PD-A · permitted uses
PD-A · 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
$19.8M
MEDICAL BUILDING
Est. value
$19.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.5M
OFFICE BUILDING Current
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
1994
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
50
Rooms
50
Lot
5.86 ac
Current owner
From public records · entity-resolved
Morris,gayle & Linda
Individual
Mailing address
100 N TAMPA ST STE #1850, TAMPA, FL 33602-5855
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Dec 19, 2024
—
Grand Oak Circle Tampa LLC
—
Deed
related
$444,992,000 · Us Bank Trust Co NA
Feb 26, 2014
$189,990
Morris,gayle & Linda
Dr Horton INC
Warranty Deed
$60,000 · Dhi Mtg
Oct 19, 2010
$13,500,000
Gov Grand Oak Properties Trust
Capital Realty Grand Oak LLC
Grant Deed
$9,755,143 · Cpl 8900 Grand Oak Circle LLC
Feb 3, 2009
—
Capital Realty Grand Oak LLC
—
Deed Of Trust
related
$1,240,000 · System R/tr Fund
Oct 18, 2006
$8,600,000
Cri Hidden River LLC
Miltex Properties INC
Grant Deed
$8,760,000 · State Farm Bank Fsb
Aug 10, 2006
—
Miltex Properties INC
—
Trustees Deed
related
$1,030,066 · Western National Bank
May 29, 2001
$6,700,000
Greg L Hilgemeier LLC
Washington Mutual Finance
Grant Deed
$4,900,000 · Western National Bank
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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