Corner-Lot Bar and
For Sale
$195,000
34 4TH Street SW, Fort Meade, FL 33841
Commercial Sale, FORT MEADE, FL
Property Size1,274 SF
Lot Size0.10 Acres
Price / SF$153.06
Days on Market607
Property Features for 34 4TH Street SW
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
HEADS HARMON SUB
Directions
From US-17 turn west on 34 SW MARTIN LUTHER KING JR ST also called 4th Street SW. Business if one block west on the right at the corner of 4th Street and S Seminole Ave,
Standard status
Active
APN
25-31-34-478500-002101
Size
1,274 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
HEADS HARMON SUB PB 4 PG 87 BLK 2 LOT 11 & S 15 FT OF LOT 10
Tax Annual Amount
1325
Legal Description
HEADS HARMON SUB PB 4 PG 87 BLK 2 LOT 11 & S 15 FT OF LOT 10
Utilities
Cooling system
Central Air
Building Details
Year built
1960
Floors in Building
1
Building materials
Block, Concrete
Listing Agency:
FLORIDA HOMES REALTY & MTG
(904) 996-9115
Listed By:
Matthew Davis · License #01758818
(321) 848-2004
Added: Dec 25, 2024
Changed: Aug 23
Last Checked: Aug 24 at 5:06AM
MLS# O6266654
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 1,274-square-foot commercial property is configured for bar and tavern use, with an additional community service center function. The building dates to 1960 and features block-and-concrete construction, central air, and newer flooring. Its layout can be adapted for another business concept, subject to applicable requirements.
The property occupies a 0.1-acre corner lot at 34 4TH Street SW in Fort Meade, Florida. On-site room for expansion adds flexibility to the existing footprint.
The property occupies a 0.1-acre corner lot at 34 4TH Street SW in Fort Meade, Florida. On-site room for expansion adds flexibility to the existing footprint.
Key Highlights
- 1,274 square feet of commercial building area
- 0.1‑acre corner lot in Fort Meade, FL
- Currently configured as a bar/tavern and community service center
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
$16,564
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
8.49%
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%
$331,280
$331.3K
Cap Rate 7%
$236,629
$236.6K
Cap Rate 9%
$184,044
$184.0K
Market Conditions
NOI Build-Up for 1,274 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
$23.7K $18.60/SF
− Vacancy
−$1.6K −$1.26/SF
EGI
$22.1K $17.34/SF
− OpEx
−$5.5K −$4.33/SF
NOI
$16.6K $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%
$331,280
Cap Rate 7%
$236,629
Cap Rate 9%
$184,044
Alternative Uses
Best Use
Specialty Retail
$236.6K
$207.1K – $276.1K
NOI $16,564 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.2K
$267.9K – $357.2K
NOI $21,431 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,356 visits/mo
0.3 miles
Dollar Tree
Shops & Services
5,665 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
5,334 visits/mo
0.4 miles
Sunoco
Shops & Services
4,199 visits/mo
0.4 miles
Demographics for 33841, FL
7,439
Population
3,776
Households
2
Avg Household Size
40
Median Age
9%
College-Educated
77%
High-School Grad
168.4 sq mi
ZIP Area
44
Density / Sq Mi
$39,608
Median Household Income
$35,374
Median Earnings
$860
Median Rent
$138,700
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.
Similar Off Market Nearby
- Fort Meade Nutrition — 302 N Charleston Ave, Fort Meade, FL 33841
Frequently Asked Questions
What type of property is this?
Bar & Pub - Existing bar and tavern space with central air, concrete construction, and room for expansion.
Where is this bar & pub located?
The property is located at 34 4TH Street SW Fort Meade, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,274 square feet of commercial building area; 0.1‑acre corner lot in Fort Meade, FL; Currently configured as a bar/tavern and community service center
