Property profile

2020 Flamingo Dr Bartow, FL 33830

FOR SALE
Medical Office Space
Property ID
US18-3514426
6,444 SF 0.95 ac lot Built 1958
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 6,381-square-foot medical office building is situated in Downtown Bartow on a 0.95-acre lot. The property is located near Bartow Regional Medical Center and Watson Clinic (approximately 2.5 miles) and about 1.3 miles from the Bartow Courthouse, with access to the US 98 and State Road 60 intersection roughly two minutes away. The building has undergone capital improvements that include tenant improvements (approximately $300,000), a roof replacement, HVAC system upgrades, installation of a fire suppression system, and an alarm system. The property is configured for medical office use and is associated with a national corporate tenant under a long-term NNN lease structure, with features such as rent escalations and renewal options. Nearby institutions and services include Bartow Middle School and Summerlin Academy within about 2.5 miles, and major retailers such as Publix, Walmart, and Walgreens within roughly 5 minutes.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1958
Total area 6,444 SF
Lot 0.95 ac (41,199 SF)
APN 253004364500008090
UPID US18-3514426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Geriatric Care Provider Nursing Home
  • Pediatrician Physician

Location

2020 Flamingo Dr Bartow, FL 33830
Bartow metro Census 15000 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2018
2 recorded transactions
2018
$950,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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