Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2505 Zachary Taylor Way Bartow, FL

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,950,000

    3.5 acre parcel suitable for medical or retail development.

    Lot size:
    3.50 Acres

    Property Features for 2505 Zachary Taylor Way

    General Information

    Lot size
    3.50 Acres

    We can help!

    Listing Contact
    David Hungerford
    David Hungerford
    Source: Moodyscre

    Listing Agent: David Hungerford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Land Parcel For Sale

    This 3.5 acre parcel offers high visibility at the intersection of U.S. Highway 98 and FL 540. The site is improved, with master retention available off-site. Flexible permitting options make the site suitable for a variety of development opportunities, particularly medical or retail uses. High traffic volumes in the immediate area enhance its potential. Gas stations are currently a restricted use for this property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bartow
    County
    Polk
    State
    Florida
    Longitude
    -81.8431374
    Latitude
    27.8964147

    Nearby Similar for Sale

    • New
      $650,000
      2,997 SF

      Historic Office Building in Bartow

      Historic office building with original features and ample parking.
      150 E Davidson St, Bartow, FL 33830
      View Details
    • $1,400,000
      7,280 SF

      High-Volume Grocery Store Investment Opportunity

      Income-producing property with development potential on 1.71 acres.
      4670 Us Highway 17 N, Bartow, FL 33830
      View Details
    • $525,000
      2,150 SF

      New Bartow Duplex Investment

      Modern duplex in Bartow, ideal for rental or vacation property.
      603 Moose Lodge Rd, Bartow, FL 33830
      View Details
    • $498,000
      2,469 SF

      New Duplex with Rental Income

      2022-built duplex with tenant, open layout, and fenced yard.
      1997 Marshall St, Bartow, FL 33830
      View Details
    • $295,000
      728 SF

      Duplex on 0.94 Acres

      Duplex in Bartow, Florida, near shopping, schools, and medical facilities.
      610 Grove Dr, Bartow, FL 33830
      View Details
    • $2,500,000
      5,348 SF

      Retail/Industrial Property in Bartow, FL

      Warehouse with showroom, office space, and secured yard in Bartow.
      115 Bill Helmuth Dr, Bartow, FL 33830
      View Details
    • $418,000
      1,500 SF

      Visible Corner Retail Space Available

      Retail space with high visibility, parking, and owner financing.
      905 E Main St, Bartow, FL 33830
      View Details
    • New
      $529,900
      2,446 SF

      Move-In Ready Bartow Duplex

      Duplex in Bartow, Florida with modern amenities and investment potential.
      1810 Dunbar St, Bartow, FL 33830
      View Details
    • New
      $650,000
      4,996 SF

      Versatile Commercial Property in Bartow

      2.64 acres with two buildings, suitable for various ventures.
      5600 Packing House Rd, Bartow, FL 33830
      View Details
    • $500,000
      6,788 SF

      Daycare Facility on Highway 17

      Daycare facility with extra lot, located on Highway 17.
      2203 Us-17, Bartow, FL 33830
      View Details
    • $795,000

      Updated Home on 20 Acres

      20-acre property with updated home, pool, and barns near Bartow.
      3990 E Gaskins Rd, Bartow, FL 33830
      View Details
    • $349,999

      Updated Triplex with Strong Income

      Cash-flowing triplex with recent updates and low maintenance.
      4570 Transport Rd, Bartow, FL 33830
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.5 acre parcel suitable for medical or retail development.
    Where is this commercial land located?
    The property is located at 2505 Zachary Taylor Way Bartow, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - High visibility location at the intersection of U.S. Highway 98 and FL 540.; - Flexible permitting options suitable for medical or retail development.; - Improved land with master retention available off-site.
    (863) 272-7156
    Request Owner's contact information
    2505 Zachary Taylor Way Bartow, FL
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2505 Zachary Taylor Way
    Bartow, FL
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2505 Zachary Taylor Way Bartow, FL
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Hungerford
    David Hungerford
    Real Estate License ID: 3281084
    (863) 272-7156
    Learn more
    Google sign-in failed. Please try again or use another login method.