Historic Office Building with 7
For Sale
$650,000
150 E DAVIDSON Street, Bartow, FL 33830
SINGLE_FAMILY - BARTOW, FL
Property Size2,997 SF
Lot Size0.20 Acres
Price / SF$216.88
Days on Market213
Property Features for 150 E DAVIDSON Street
General Information
Property type
Residential
Property subtype
Office
Window features
Window Treatments, Blinds, Wood Frames
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
Zoned, Central
Cooling system
Zoned, Central Air
Water source
Public
Building Details
Year built
1911
Floors in Building
1
Flooring type
Tile - Ceramic, Carpet
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 13
Last Checked: Aug 16 at 12:06PM
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.
150 E Davidson Street in Bartow, Florida is a historic office building built in 1911. Constructed with brick and concrete, the property features much of its original interior character, including hardwood flooring in most of the office space, along with tall base boards, picture rail, built-in book cases, and soaring ceilings.
The approximately 2,997 SF layout includes 7 offices, an extra-large conference room, 3 bathrooms, a kitchen, and a copy room. Heating and cooling are provided via central and zoned systems, and the building includes phone availability. Public water and public sewer service support the property, and the roof is described as membrane. Flooring includes carpet and ceramic tile.
Parking is estimated at approximately 12 spaces. The building is positioned in a high-visibility area across the street from the new Bartow Courthouse and the Historic Courthouse, and it is centrally located near historic downtown Bartow and restaurants.
The approximately 2,997 SF layout includes 7 offices, an extra-large conference room, 3 bathrooms, a kitchen, and a copy room. Heating and cooling are provided via central and zoned systems, and the building includes phone availability. Public water and public sewer service support the property, and the roof is described as membrane. Flooring includes carpet and ceramic tile.
Parking is estimated at approximately 12 spaces. The building is positioned in a high-visibility area across the street from the new Bartow Courthouse and the Historic Courthouse, and it is centrally located near historic downtown Bartow and restaurants.
Key Highlights
- Approximately 2,997 SF historic office building with original features
- Built in 1911 with brick and concrete construction
- Hardwood flooring in most of the office space plus carpet and ceramic tile
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
899
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 - Historic brick office with hardwood flooring, zoned central HVAC, and seven office rooms.
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: Approximately 2,997 SF historic office building with original features; Built in 1911 with brick and concrete construction; Hardwood flooring in most of the office space plus carpet and ceramic tile
