Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4385 DIETZ Rd Bartow, FL 33830

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,800,000

    Investment package featuring 14 properties in Bartow and Lake Wales.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 5:57 pm

    Property Features for 4385 DIETZ Rd

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Erin Floyd

    Listing agent Erin Floyd License #3212218

    Listing office Coldwell Banker Real Estate Winter Haven

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Winter Haven

    Overview

    Residential Investment Portfolio Opportunity

    This property is part of an investment package featuring 14 properties, with seven located in Bartow and seven in Lake Wales. The properties are positioned in the growing Polk County market, situated minutes from shopping, schools, medical facilities, and dining. The investment package offers potential for rental income generation, portfolio diversification, and future resale value.
    Location Intelligence

    Current Use by Public Records

    Too Slow Motorsports Car Dealership

    Suggested Use

    Auto Repair Shop Home Appliance Store (Bike/Boat/Book/etc) Store Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bartow
    County
    Polk
    State
    Florida
    Longitude
    -81.7769495
    Latitude
    27.9199144

    Nearby Similar for Sale

    • $525,000
      1,325 SF

      Bartow Commercial Investment Opportunity

      Commercial property in Bartow, currently leased to auto business.
      1095 US HIGHWAY 17 S, BARTOW, FL 33830
      View Details
    • $650,000
      2,997 SF

      Historic Office Building in Bartow

      Historic office building with original features and ample parking.
      150 E DAVIDSON STREET, BARTOW, FL 33830
      View Details
    • $535,000
      2,666 SF

      New Duplex in Bartow, FL

      Modern duplex built in 2023 with income potential.
      2025 DUNBAR ST, BARTOW, FL 33830
      View Details
    • $1,299,000

      Income-Producing Commercial Property with Development Potential

      Commercial property with income and development potential near US Highway 17.
      4670 US HIGHWAY 17 N, BARTOW, FL 33830
      View Details
    • $1,850,000
      9,994 SF

      Income-Producing Multifamily Investment Opportunity

      Turnkey, 10-unit complex in Bartow, Florida, 100% occupied.
      210 S ORANGE AVENUE, BARTOW, FL 33830
      View Details
    • $599,995
      5,944 SF

      Remodeled Religious Facility with Residence

      4000 SF religious facility with 3/2 manufactured home.
      8152 CHEROKEE AVENUE, BARTOW, FL 33830
      View Details
    • $519,900
      2,150 SF

      New Bartow Duplex Investment Opportunity

      Modern duplex in Bartow, Florida, ideal for rental income.
      603 MOOSE LODGE ROAD, BARTOW, FL 33830
      View Details
    • $410,000
      2,450 SF

      Bartow Duplex Investment Opportunity

      Duplex in Bartow, FL, with rental income potential.
      1060 AUSTIN STREET, BARTOW, FL 33830
      View Details
    • $410,000
      2,450 SF

      Bartow Duplex Investment Opportunity

      Duplex in Bartow, FL with 3 beds and 2 baths.
      1040 AUSTIN STREET, BARTOW, FL 33830
      View Details
    • $650,000
      2,997 SF

      Historic Bartow Office Building

      Historic office building in a desirable Bartow location.
      150 E DAVIDSON St, Bartow, FL 33830
      View Details
    • $1,800,000
      1,248 SF

      Multi-Family Investment Opportunity in Bartow

      Portfolio of properties in growing Polk County market, near amenities.
      4385 DIETZ ROAD, BARTOW, FL 33830
      View Details
    • $239,900
      1,152 SF

      Remodeled Triplex with Income Potential

      Updated triplex with income potential near downtown Bartow, Florida.
      1550 E BAY STREET, BARTOW, FL 33830
      View Details

    FAQs

    What type of property is this?
    Residential income property - Investment package featuring 14 properties in Bartow and Lake Wales.
    Where is this residential income property located?
    The property is located at 4385 DIETZ Rd Bartow, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Part of a 14‑property investment package (7 in Bartow, 7 in Lake Wales).; Opportunity for rental income, portfolio diversification, or future resale value.; Option to purchase individually or as a full portfolio.
    (863) 412-2286
    We can help!
    Listing Contact
    Erin Floyd
    Real Estate License ID: 3212218
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!