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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Investment properties
108 Polk St, Auburndale, FL 33823-3428
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-0021025
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2008
Total area
2,928 SF
Lot
0.09 ac (3,942 SF)
APN
252811331500003091
UPID
US18-0021025
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
by Request
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$605k
Owner & transaction history
Jerod Properties LLC · 9 yrs held
Jerod Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$905,000
+9.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$505,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$830,000
Current use
MEDICAL BUILDING
$905,000
Change: +9% · Conversion: Easy
AUTO REPAIR, GARAGE
$715,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$207 / 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
$3,756
Tax year 2023
Assessed value
$226,945
Assessed 2023
Previous assessed
$213,011
+6.5% YoY
Effective rate
1.66%
On assessed value
Assessed land
$17,744
Assessed improvement
$209,201
Land market value
$17,744
Improvement market value
$209,201
Total market value
$226,945
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
2,928 SF
Lot
0.09 ac (3,942 SF)
APN
252811331500003091
UPID
US18-0021025
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
COMMERCIAL (GENERAL) Current
Est. value
$830,000
MEDICAL BUILDING
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2008
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Jerod Properties LLC
Entity
Mailing address
PO BOX 829, AUBURNDALE, FL 33823-0829
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2016
$259,000
Jerod Properties LLC
Kathy Mccarty
Warranty Deed
$400,000 · Centerstate Bk/fl
Nov 8, 2011
—
Kathy Mccarty
Mccarty,larry W & Kathy
Quit Claim Deed
related
—
Dec 31, 2008
—
Larry W Mccarty
—
Trustees Deed
related
$300,000 · Centerstate Bank Of Florida
Oct 12, 2005
—
Larry Mccarty
Mccarty,larry
Quit Claim Deed
related
—
Aug 10, 2005
$35,000
Larry Mccarty
Desena,gerald & Diane
Warranty Deed
—
—
—
Larry W Mccarty
—
Deed Of Trust
related
$400,000 · Citrus & Chemical Bank
—
—
Jerod Properties LLC
—
Loan Modification
related
$290,000 · Centerstate Bk NA
—
—
Jerod Properties LLC
—
Deed Of Trust
related
$50,000 · Centerstate Bk NA
—
—
Larry W Mccarty
—
Deed Of Trust
related
$270,250 · Centerstate Bank Of Florida
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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