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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1025 Scenic Hwy Haines City, FL 33844

    • Warehouses
    • 61,200 SF
    • 12.04 lot acres
    OFF-MARKET
    Last Sale
    Jul 07, 2025
    $2,391,500
    Value Estimations
    $2,370,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3694658
    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

    • Warehouses

    Property Details for 1025 Scenic Hwy

    Year built
    1993
    Lot size
    12.04 lot acres
    Property size
    61,200 SF
    Zone code
    A-1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    272809000000024010
    APU
    272809000000024010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,225,000
      ML approach
      $2,225,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,616,000
      Market price range: $2.62M - $8.41M

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

    Location Insight

    • Map
    • Local Demand
    City
    Haines City
    County
    Polk
    State
    Florida
    Longitude
    -81.6185
    Latitude
    28.0581
    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
    $23,332
    $89,194
    $1,944,248
    $2,033,442
    -
    $89,194
    $1,944,248
    $2,033,442

    Comparable in this City

    • Value Estimation by Request
      2,080 SF

      1105 Polk City Rd

      MINI-WAREHOUSE, STORAGE • 2,080 SF
      1105 Polk City Rd, Haines City, FL 33844-3261
      View Details
    • Value Estimation by Request
      4,062 SF

      212 12th St

      MINI-WAREHOUSE, STORAGE • 4,062 SF
      212 12th St, Haines City, FL 33844
      View Details
    • Value Estimation
      $630,000
      4,378 SF

      1099 Commerce Ave

      MINI-WAREHOUSE, STORAGE • 4,378 SF
      1099 Commerce Ave, Haines City, FL 33844-3272
      View Details
    • Value Estimation
      $640,000
      4,800 SF

      650 Us Hwy 1792

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      650 Us Hwy 1792, Haines City, FL 33844
      View Details
    • Value Estimation
      $2,455,000
      4,800 SF

      4501 Abbey Ct

      MINI-WAREHOUSE, STORAGE • 4,800 SF
      4501 Abbey Ct, Haines City, FL 33844
      View Details
    • Value Estimation
      $4,095,000
      25,288 SF

      2501 Tibbetts Blvd

      MINI-WAREHOUSE, STORAGE • 25,288 SF
      2501 Tibbetts Blvd, Haines City, FL 33844-3803
      View Details

    Similar Nearby for Sale

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      Pending

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      Mixed-use building with flexible layout in downtown Haines City, Florida.
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      960,000 SF

      Haines City Rail Center: Prime Industrial Site

      Massive Florida Distribution/Manufacturing Facility
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    • $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
    • $9,500,000
      9.58 Acres

      Haines City Multifamily Land

      Shovel-ready multifamily development, 9.58 acres.
      1295 30Th St, Haines City, FL 33844
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    • $1,880,000
      10.77 Acres

      Prime Land in High-Growth Corridor

      10.77± acre site in rapidly expanding market.
      390 Patterson Rd, Haines City, FL 33844
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    • $80,000
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      Corner lot in established community, build your dream home!
      Sr-17, Haines City, FL 33844
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    Similar Nearby for Lease

    • $46,800

      Haines City Warehouse with Mezzanine

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

      Key Highway Industrial Land, FL

      Prime Daytona Beach industrial land, I-95 access.
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    • Contact for pricing
      7,000 SF

      Shops at the Grove: Haines City

      New Publix-anchored retail center. Seven spaces available.
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      View Details
    • $77,260

      Medical Office Suite For Rent

      Spacious medical office suite in a prime, accessible location.
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      View Details
    • Contact for pricing

      Haines City Outparcel Opportunity

      0.50 acre outparcel in newly constructed shopping center.
      35967 Us Highway 27 N, Haines City, FL 33844
      View Details
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    Haines City, FL 33844
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    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
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