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

    1006 Commerce Ave Haines City, FL 33844-3202

    • Manufacturing properties
    • 6,600 SF
    • 1.43 lot acres
    OFF-MARKET
    Last Sale
    Nov 20, 2021
    $21,000
    Value Estimations
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3345543
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1006 Commerce Ave

    Year built
    1999
    Lot size
    1.43 lot acres
    Property size
    6,600 SF
    Zone code
    ILW
    Property type
    Manufacturing properties
    APN
    272719744100000150
    APU
    272719744100000150

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $525,000
      6.5%
      $485,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $983,000
      Market price range: $424k - $2.30M
      AI Estimate
      $809,000
      Market price range: $254k - $1.16M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,020,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,210,000
      Change: +19% Conversion: Difficult
      RETAIL STORES
      $1,035,000
      Change: +1% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Haines City
    County
    Polk
    State
    Florida
    Longitude
    -81.6419
    Latitude
    28.117
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,500
    $43,820
    $207,391
    $251,211
    -
    $43,820
    $207,391
    $251,211

    Comparable in this City

    • Value Estimation by Request
      9.97 Acres

      Bradbury Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 9.97 Acres
      Bradbury Rd, Haines City, FL 33844
      View Details
    • Value Estimation by Request
      10.54 Acres

      3 Bradbury Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 10.54 Acres
      3 Bradbury Rd, Haines City, FL 33844-9183
      View Details
    • Value Estimation by Request
      41.68 Acres

      Jahna Sand Mine Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 41.68 Acres
      Jahna Sand Mine Rd, Haines City, FL 33844
      View Details
    • Value Estimation by Request
      8.66 Acres

      Robinson Dr

      PROCESSING PLANT (CEMENT, GRAVEL) • 8.66 Acres
      Robinson Dr, Haines City, FL 33844
      View Details
    • Value Estimation
      $8,260,000
      31,500 SF

      1555 Melbourne Ave

      MANUFACTURING (LIGHT) • 31,500 SF
      1555 Melbourne Ave, Haines City, FL 33844-4800
      View Details
    • Value Estimation by Request
      996 SF

      Robinson E Dr

      PROCESSING PLANT (CEMENT, GRAVEL) • 996 SF
      Robinson E Dr, Haines City, FL 33844
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      960,000 SF

      Haines City Rail Center: Prime Industrial Site

      Massive Florida Distribution/Manufacturing Facility
      0 Bannon Island Rd, Haines City, FL 33844
      View Details
    • $595,990
      Pending

      Mixed-Use Building in Haines City

      Mixed-use building with flexible layout in downtown Haines City, Florida.
      20 N 8Th St, Haines City, FL 33844
      View Details
    • $2,300,000
      71.08 Acres

      Haines City Commercial Land - 71 Acres

      Prime 71-acre commercial/industrial land. Excellent location, high growth potential.
      4880 Bannon Island Rd, Haines City, FL 33844
      View Details
    • $1,650,000
      2,600 SF

      Haines City Convenience Store/Gas Station

      Gas station and convenience store with frontage on US 27.
      31799 Us Highway 27, Haines City, FL 33844
      View Details
    • $140,000
      0.23 Acres

      Prime Commercial Land in Haines City

      0.23-acre commercial land with high visibility on a major highway.
      SR-17 Scenic Hwy N, Haines City, FL 33844
      View Details
    • $3,500,000

      Haines City Development Land

      191 Acres, Residential Potential
      8100 Watkins Rd, Haines City, FL 33844
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      93,600 SF

      Haines City Warehouse Space Available

      Class A warehouse space for lease near I-4.
      167 Delbert Collins Rd, Haines City, FL 33844
      View Details
    • $46,800

      Haines City Warehouse with Mezzanine

      Warehouse with AC office, overhead door, and mezzanine.
      2135 S 30Th St, Haines City, FL 33844
      View Details
    • Contact for pricing
      2,860,000 SF

      Key Highway Industrial Land, FL

      Prime Daytona Beach industrial land, I-95 access.
      0 Williamson Blvd, Haines City, FL 33844
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Haines City

      Retail space available for lease in Haines City, Florida.
      4112 E Johnson Ave, Haines City, FL 33844
      View Details
    • Contact for pricing

      Haines City Land Opportunity

      Land for lease in fast-growing Haines City, Florida.
      E Hinson Ave, Haines City, FL 33844
      View Details
    • Contact for pricing
      20,606 SF

      Haines City Medical Office Building

      Prime Medical Office Space Available in Florida
      306 10Th St, Haines City, FL 33844
      View Details
    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.
    1006 Commerce Ave
    Haines City, FL 33844-3202
    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!