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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Office buildings
1005 Lk Parker Ave Lakeland, FL 33805-4723
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-4216049
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
7,626 SF
Lot
0.9 ac (39,317 SF)
Zoning code
C-2
APN
242808175200003020
UPID
US18-4216049
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Janice Ramos Colon Physician
-
Yadelin Gonzalez Physician
-
Dr. Jose Demorizi Pediatrician Physician
-
AMERICAN PACE ACCESS Community Center
-
American Care Medical Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$850k
Owner & transaction history
Advanced Mgmt & Consulting INC · 10 yrs held
Advanced Mgmt & Consulting INC
since 2015
2 recorded transactions
Zoning & alternative use
C-2 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1,122.02 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,703
Tax year 2023
Assessed value
$689,076
Assessed 2023
Previous assessed
$605,074
+13.9% YoY
Effective rate
0.97%
On assessed value
Assessed land
$353,763
Assessed improvement
$335,313
Land market value
$353,763
Improvement market value
$335,313
Total market value
$689,076
Applied tax rate
91,510.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Units
1
Total area
7,626 SF
Lot
0.9 ac (39,317 SF)
Zoning code
C-2
APN
242808175200003020
UPID
US18-4216049
Jurisdiction
POLK
Zoning & alternative use
C-2 · Lakeland, FLZoning C-2 · permitted uses
C-2 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1,122.02 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
1
Units
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Advanced Mgmt & Consulting INC
Entity
Mailing address
12171 SW 268TH ST, HOMESTEAD, FL 33032-8001
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2015
$550,000
Advanced Mgmt & Consulting INC
Central Ridge INC
Grant Deed
$440,000 · Jp Morgan Chase Bk
Aug 1, 2005
$835,000
Central Ridge INC
Farm Credit Of Ctrl Florida Aca
Warranty Deed
$668,000 · Farm Credit Service
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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