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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail space
1048 12th Us Hwy 92nd W Auburndale, FL 33823-9514
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2594374
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
4,200 SF
Lot
2.18 ac (95,091 SF)
APN
252809000000044140
UPID
US18-2594374
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$605k
Owner & transaction history
H R Baxter & Sons Enterprises INC · 4 yrs held
H R Baxter & Sons Enterprises INC
since 2021
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$925,000
+8.2%
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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
$630,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
RETAIL STORES
$855,000
Current use
OFFICE BUILDING
$925,000
Change: +8% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $600k (Oct 5 2021)
Last sale anchor
$600k
Oct 5 2021
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
$144 / 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
$12,399
Tax year 2023
Assessed value
$749,253
Assessed 2023
Previous assessed
$734,682
+2.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$427,991
Assessed improvement
$321,262
Land market value
$427,991
Improvement market value
$321,262
Total market value
$749,253
Applied tax rate
90,330.0000
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
1998
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
4,200 SF
Lot
2.18 ac (95,091 SF)
APN
252809000000044140
UPID
US18-2594374
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
H R Baxter & Sons Enterprises INC
Entity
Free & Clear · 4 yrs held
Mailing address
4900 DUNDEE RD, WINTER HAVEN, FL 33884-1183
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
$600,000
H R Baxter & Sons Enterprises INC
Gary L Hatmaker
Warranty Deed
—
Sep 10, 2021
—
Gary L Hatmaker & H R Baxter & Sons
Charles W Johnson
Correction Deed
related
—
Jan 8, 2021
—
Hr Baxter & Sons Ents INC
Harold R Baxter
Quit Claim Deed
related
—
Sep 19, 2019
—
H R Baxter
—
Loan Modification
related
$1,350,000 · Wauchula St Bk
Sep 5, 2018
—
H R Baxter
—
Loan Modification
related
$1,100,000 · Wauchula St Bk
Aug 23, 2011
$170,000
Harold R Baxter
Branch Bkng
Warranty Deed
—
May 3, 2011
$180,100
Branch Bkng & Trust Co
Western States Coc
Trustees Deed
related
—
—
—
Western Sts Transportation Svc
—
Deed Of Trust
related
$253,629 · Colonial Bank
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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