Prime Location Retail/Restaurant
For Sale
$450,000
795 E MAIN STREET, Bartow, FL 33830
Excellent location near courthouse and downtown Bartow.
Property Size1,850 SF
Days on Market180
Property Features for 795 E MAIN STREET
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Commercial
Zoning
C-2
Taxes and HOA fees
Annual Taxes
$3,460
Building Details
Building Size
1,850 SF
Year Built
1955
Listing Agency:
S & D REAL ESTATE SERVICE LLC
(201) 314-3349
Listed By:
Jeeva Thomas
(201) 314-3349
Source:
Mbifloridarealty
Added: Feb 25
Changed: Aug 23
Last Checked: Aug 23 at 10:24AM
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 S & D REAL ESTATE SERVICE LLC
Investment Insights
Based on property information with market context.
This property is situated in an excellent location near the courthouse, DMV, and Citrus department, within walking distance of downtown Bartow. Previously used as a workshop and tire repair facility, the property is also suitable for a fast food chain, grocery store, or retail establishment. The location benefits from heavy traffic. The Walk Score is 34, indicating car-dependence, while the Bike Score is 46, suggesting it is somewhat bikeable.
Key Highlights
- Excellent location near courthouse, DMV, and Citrus department.
- Walking distance from downtown Bartow.
- Ideal for fast food chain, grocery, or retail store.
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
$20,775
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
4.62%
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%
$415,500
$415.5K
Cap Rate 7%
$296,786
$296.8K
Cap Rate 9%
$230,833
$230.8K
Market Conditions
NOI Build-Up for 1,850 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
$32.2K $17.40/SF
− Vacancy
−$2.5K −$1.36/SF
EGI
$29.7K $16.04/SF
− OpEx
−$8.9K −$4.81/SF
NOI
$20.8K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
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%
$415,500
Cap Rate 7%
$296,786
Cap Rate 9%
$230,833
Alternative Uses
Best Use
Retail
$296.8K
$259.7K – $346.3K
NOI $20,775 @ 7.0% cap · market cap 4.62%
Second Best
Industrial
$126.1K
$110.3K – $147.1K
NOI $8,825 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$444.6K
$389.0K – $518.7K
NOI $31,120 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
11k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Home Improvements & Furnishings 38%
Bartow Ace Hardware
Home Improvements & Furnishings
4,076 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
4,030 visits/mo
0.4 miles
Citgo
Shops & Services
1,605 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,089 visits/mo
0.1 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.
Similar Off Market Nearby
- Lopez's Tires & Repairs — Bartow, FL 33830
- Top Star Automotive Repair LLC — 595 W Summerlin St, Bartow, FL 33830
- Bob’s Mobile Repair LLC — E Main St, Bartow, FL 33830
- Ratican Automotive LLC — 720 s jackson ave, bartow, fl 33830
- A.L.Spivey, Car and Truck Services LLC — 2085 Macon St ste B, Bartow, FL 33830
Frequently Asked Questions
What type of property is this?
Auto shop - Excellent location near courthouse and downtown Bartow.
Where is this auto shop located?
The property is located at 795 E MAIN STREET Bartow, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Excellent location near courthouse, DMV, and Citrus department.; Walking distance from downtown Bartow.; Ideal for fast food chain, grocery, or retail store.
