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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Motels
9718 Nebraska Ave Tampa, FL 33612-8064
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1006898
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,381 SF
Lot
0.19 ac (8,268 SF)
Zoning code
CI
APN
A2428183EE000005000010
UPID
US18-1006898
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$735k
Owner & transaction history
Real Legacy Estates LLC · 2 yrs held
Real Legacy Estates LLC
since 2023
Last sale
$775,000
6 recorded transactions
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+47.6%
Neighborhood: shopping center
$620,000
+42.0%
Retail stores
$530,000
+21.2%
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
$720,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$645,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$530,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$500,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$460,000
Change: +5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$455,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $775k (Oct 24 2023)
Last sale anchor
$775k
Oct 24 2023
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
$309 / 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
$10,130
Tax year 2023
Assessed value
$513,100
Assessed 2023
Previous assessed
$514,000
-0.2% YoY
Effective rate
1.97%
On assessed value
Assessed land
$111,618
Assessed improvement
$401,482
Land market value
$111,618
Improvement market value
$401,482
Total market value
$513,100
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
8
Rooms
7
Total area
2,381 SF
Lot
0.19 ac (8,268 SF)
Zoning code
CI
APN
A2428183EE000005000010
UPID
US18-1006898
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Tampa, FL
Zoning CI · permitted uses
CI · 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
MEDICAL BUILDING
Est. value
$645,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
RETAIL STORES
Est. value
$530,000
OFFICE BUILDING
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$455,000
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
8
Rooms
7
Lot
0.19 ac
Current owner
From public records · entity-resolved
Real Legacy Estates LLC
Entity
Mailing address
9718 N NEBRASKA AVE, TAMPA, FL 33612-8064
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$775,000
Real Legacy Estates LLC
Poor Rich LLC
Warranty Deed
$475,000 · Poor Rich LLC
Sep 3, 2021
$600,000
Poor Rich LLC
Cch Equities LLC
Warranty Deed
—
Jan 29, 2015
$70,000
Cch Equities LLC
Ministerio Evangelistico Desen
Warranty Deed
—
Jan 29, 2015
—
Iglesia Pentecostal Casa De Or
Friedel Richard A SR Trust
Grant Deed
related
—
May 22, 2006
—
Ministerio Emingelistica Desea
Iglesia Pentecostal Casa De Om
Quit Claim Deed
related
—
May 1, 2002
$65,000
Iglesia Pentecostal Casa De
Freidel Trust
Grant Deed
$57,000 · Shirley A Crum
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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