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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
1015 Combee Rd Lakeland, FL 33801-2913
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4032063
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Total area
6,636 SF
Lot
0.49 ac (21,222 SF)
Zoning code
C-3
APN
242810178700000120
UPID
US18-4032063
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
-
Super Locksmith Locksmith
-
Iglesia Pentecostal Pescadores De Hombres Church
-
Mc Caskils & Co Law Firm
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Illusions Decor Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$576k
Blend (final)
Blend
$550k
Owner & transaction history
Northcombee LLC · 3 yrs held
Northcombee LLC
since 2022
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
C-3 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$555,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Sep 7 2022)
Last sale anchor
$550k
Sep 7 2022
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
$83 / 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
$8,226
Tax year 2023
Assessed value
$435,425
Assessed 2023
Previous assessed
$184,220
+136.4% YoY
Effective rate
1.89%
On assessed value
Assessed land
$24,404
Assessed improvement
$411,021
Land market value
$24,404
Improvement market value
$411,021
Total market value
$435,425
Applied tax rate
91,000.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
6,636 SF
Lot
0.49 ac (21,222 SF)
Zoning code
C-3
APN
242810178700000120
UPID
US18-4032063
Jurisdiction
POLK
Zoning & alternative use
C-3 · Lakeland, FL
Zoning C-3 · permitted uses
C-3 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Northcombee LLC
Entity
Mailing address
1015 N COMBEE RD, LAKELAND, FL 33801-2913
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2022
$550,000
Northcombee LLC
Jerry L Martin
Warranty Deed
$500,000 · Jerry L Martin Etal
May 12, 2022
—
Linda K Martin
Jerry L Martin
Intrafamily Transfer
related
—
Jun 18, 1998
$180,000
Jerry L Martin
Rea,carrie M
Grant Deed
$53,500 · Seller
—
—
Jerry L Martin
—
Deed Of Trust
related
$100,000 · Midflorida FCU
—
—
Jerry L Martin
—
Deed Of Trust
related
$100,000 · Midflorida FCU
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.
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