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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Bars & Pubs
115 Pne St Lakeland, FL 33815-1573
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1335069
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1946
Total area
3,900 SF
Lot
0.44 ac (19,197 SF)
APN
232813068500002023
UPID
US18-1335069
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
-
Smokin Chanchos Restaurant
-
Swan Brewing Production Facility Brewery & Distillery
-
Salt & Fire Food Lab Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.21M
Owner & transaction history
Swan Real Estate Holdings LLC · 5 yrs held
Swan Real Estate Holdings LLC
since 2021
6 recorded transactions
Zoning & alternative use
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
$1,280,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±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
$309 / 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
$7,206
Tax year 2023
Assessed value
$356,231
Assessed 2023
Previous assessed
$346,171
+2.9% YoY
Effective rate
2.02%
On assessed value
Assessed land
$148,777
Assessed improvement
$207,454
Land market value
$148,777
Improvement market value
$207,454
Total market value
$356,231
Applied tax rate
91,511.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1946
Heating
NONE
Stories
1
Units
1
Total area
3,900 SF
Lot
0.44 ac (19,197 SF)
APN
232813068500002023
UPID
US18-1335069
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
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Swan Real Estate Holdings LLC
Entity
Mailing address
115 W PNE ST, LAKELAND, FL 33815-1573
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
$1,100,000
Swan Real Estate Holdings LLC
Asc Real Estate Partnership
Special Warranty Deed
$2,200,000 · South State Bank National Association
Mar 23, 2017
—
Asc Real Estate Ptshp
—
Deed
related
$900,000 · Bank Of Ctrl Fl
Oct 29, 2004
$175,000
Asc Real Estate Ptshp
Albertini,tommy E & W L
Warranty Deed
$125,000 · Community National Bank
Oct 12, 2001
$96,000
Albertini W L
Stephens,bill E & Arlene
Grant Deed
—
—
—
Asc Real Estate Partnership
—
Deed Of Trust
related
$76,108 · Centerstate Bank Of Florida
—
—
Asc Real Estate Ptshp
—
Deed Of Trust
related
$900,000 · Bank Of Ctrl Fl
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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