Commercial Land With Existing
For Sale
$1,299,000
Pending
4670 US HIGHWAY 17 N, Bartow, FL 33830
Land, BARTOW, FL
Property Size7,280 SF
Lot Size1.71 Acres
Days on Market295
Property Features for 4670 US HIGHWAY 17 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Subdivision
AIRBASE SUB
Lot features
Central Business District, In County, Irregular Lot, Level, Near Public Transit, Oversized Lot, Street Lights
Directions
Corner of US 17 and Bomber Road
Standard status
Pending
APN
14-29-25-359600-003010
Lot size
1.71 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
AIRBASE SUB PB 38 PG 50 BLK C LOTS 1 & 2 LESS R/W FOR SR 555 (US 17)
Tax Annual Amount
8748
Legal Description
AIRBASE SUB PB 38 PG 50 BLK C LOTS 1 & 2 LESS R/W FOR SR 555 (US 17)
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
RE/MAX PALM · RE/MAX International
(941) 929-9090
Listed By:
Jessica Bow · License #3335189
(941) 356-2585
Added: Nov 11, 2025
Changed: Aug 23
Last Checked: Sep 2 at 3:06PM
MLS# A4671708
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.
This C-3-zoned commercial land offering totals 1.71 acres across three vacant, build-ready parcels and a fourth parcel improved with a 7,280-square-foot grocery, convenience store, and restaurant facility. Public water and public sewer serve the property, with cable available. The existing building is associated with a month-to-month NNN tenancy.
The property fronts US Highway 17 at Bomber Road and sits adjacent to a gas station. Source information reports daily traffic exceeding 27,000 vehicles. Bartow Executive Airport is approximately 4 minutes away, while Bartow Regional Medical Center is less than 10 minutes from the site. The address is 4670 US Highway 17 N, Bartow, Florida 33830.
The property fronts US Highway 17 at Bomber Road and sits adjacent to a gas station. Source information reports daily traffic exceeding 27,000 vehicles. Bartow Executive Airport is approximately 4 minutes away, while Bartow Regional Medical Center is less than 10 minutes from the site. The address is 4670 US Highway 17 N, Bartow, Florida 33830.
Key Highlights
- 1.71 acres across three vacant parcels and a fourth parcel with improvements
- 7,280‑square‑foot grocery, convenience store, and restaurant facility
- C‑3 zoning with three build‑ready vacant parcels
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
$94,650
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
7.29%
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%
$1,893,000
$1.9M
Cap Rate 7%
$1,352,143
$1.4M
Cap Rate 9%
$1,051,667
$1.1M
Market Conditions
NOI Build-Up for 7,280 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
$135.4K $18.60/SF
− Vacancy
−$9.2K −$1.26/SF
EGI
$126.2K $17.34/SF
− OpEx
−$31.6K −$4.33/SF
NOI
$94.7K $13.00/SF
Area
Polk County, FL
Vacancy
6.80%
Lease Rate
$18.60 /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%
$1,893,000
Cap Rate 7%
$1,352,143
Cap Rate 9%
$1,051,667
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,650 @ 7.0% cap · market cap 7.29%
Second Best
Retail
$1.17M
$1.02M – $1.36M
NOI $81,754 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,461 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
27,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
8,355 visits/mo
0.0 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - C-3-zoned land combines build-ready parcels with a grocery, convenience, and restaurant facility.
Where is this commercial land located?
The property is located at 4670 US HIGHWAY 17 N Bartow, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1.71 acres across three vacant parcels and a fourth parcel with improvements; 7,280‑square‑foot grocery, convenience store, and restaurant facility; C‑3 zoning with three build‑ready vacant parcels
