Historic Office
For Sale
$650,000
150 E DAVIDSON Street, Bartow, FL 33830
Commercial Sale, BARTOW, FL
Property Size2,997 SF
Lot Size0.20 Acres
Price / SF$216.88
Days on Market229
Property Features for 150 E DAVIDSON Street
General Information
Property type
Commercial Sale
Property subtype
Office
Window features
Blinds, Wood Frames, Window Treatments
Appliances
Microwave, Refrigerator
Subdivision
BARTOW ORIGINAL
Lot features
Historic District, City Limits, Near Public Transit, Sidewalk, Street Lights, Paved
Directions
Heading south on US 98 North into Bartow . You can EITHER TURN east onto Church Street, parking lot is the rear of building OR EAST onto Davidson ( front of building ) parking will be limited there during the week.
Standard status
Active
APN
25-30-05-372500-004012
Size
2,997 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
ORGINAL BARTOW PB 3 PG 15 S5/6 T30 R25 BLK 4 LOTS 1 W 43 FT & W 43 FT OF 4 LESS S 30 FT & 7.83 FT M/L STRIP LYING N OF ABOVE W 43 FT OF LOT 1 & S1/2 OF CLOSED ALLEY LYING N OF W 43 FT OF LOT 4 & N1/2 OF CLOSED ALLEY LYING S OF W 43 FT OF LOT 1 & E1/2 OF CLOSED ALLEY LYING W OF LOT 1
Tax Annual Amount
5801
Legal Description
ORGINAL BARTOW PB 3 PG 15 S5/6 T30 R25 BLK 4 LOTS 1 W 43 FT & W 43 FT OF 4 LESS S 30 FT & 7.83 FT M/L STRIP LYING N OF ABOVE W 43 FT OF LOT 1 & S1/2 OF CLOSED ALLEY LYING N OF W 43 FT OF LOT 4 & N1/2 OF CLOSED ALLEY LYING S OF W 43 FT OF LOT 1 & E1/2 OF CLOSED ALLEY LYING W OF LOT 1
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central, Zoned
Cooling system
Zoned, Central Air
Water source
Public
Building Details
Year built
1911
Floors in Building
1
Flooring type
Carpet, Tile - Ceramic
Building materials
Brick, Concrete
Roof type
Membrane
Listing Agency:
PREMIER REALTY NETWORK, INC
(863) 646-6688
Listed By:
Jody Ciavardone · License #3327831
(863) 660-4922
Added: Jan 15
Changed: Aug 24
Last Checked: Sep 1 at 3:06AM
MLS# L4957845
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1911, this brick office building contains 2,997 square feet arranged across 7 offices, an oversized conference room, 3 bathrooms, a kitchen, and a copy room. Original interior details include hardwood flooring, tall baseboards, picture rails, built-in bookcases, and high ceilings. The property also includes approximately 12 parking spaces, along with central and zoned heating and cooling.
Positioned at 150 E Davidson Street in Bartow, the building sits across from both the new Bartow Courthouse and the Historic Courthouse. Historic downtown Bartow and restaurants are within walking distance. Public water and public sewer serve the property, with phone service available.
Positioned at 150 E Davidson Street in Bartow, the building sits across from both the new Bartow Courthouse and the Historic Courthouse. Historic downtown Bartow and restaurants are within walking distance. Public water and public sewer serve the property, with phone service available.
Key Highlights
- 2,997‑square‑foot office building constructed in 1911
- 7 offices, large conference room, 3 bathrooms, kitchen, and copy room
- Original details include hardwood floors, tall baseboards, picture rails, and built‑in bookcases
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,818
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,360
$736.4K
Cap Rate 7%
$525,971
$526.0K
Cap Rate 9%
$409,089
$409.1K
Market Conditions
NOI Build-Up for 2,997 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.9K $21.00/SF
− Vacancy
−$13.8K −$4.62/SF
EGI
$49.1K $16.38/SF
− OpEx
−$12.3K −$4.10/SF
NOI
$36.8K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,360
Cap Rate 7%
$525,971
Cap Rate 9%
$409,089
Alternative Uses
Best Use
Office B
$526.0K
$460.2K – $613.6K
NOI $36,818 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$720.2K
$630.2K – $840.2K
NOI $50,414 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Brick office property with multiple private offices, conference space, support rooms, and on-site parking near Bartow’s courthouse district.
Where is this office building located?
The property is located at 150 E DAVIDSON Street Bartow, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,997‑square‑foot office building constructed in 1911; 7 offices, large conference room, 3 bathrooms, kitchen, and copy room; Original details include hardwood floors, tall baseboards, picture rails, and built‑in bookcases
