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Property profile & analytics
FOR SALE
Sports & entertainment properties
116 Kenny Blvd Haines City, FL 33844
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8003409
For Sale
1 / 37
Contact for pricing
116 Kenny Blvd, Haines City, FL 33844
View Listing →
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2020
Total area
7,543 SF
Lot
1.38 ac (60,113 SF)
APN
272730000000022130
UPID
US18-8003409
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$905k
Owner & transaction history
Balmoral Banquet Building LLC · 5 yrs held
Balmoral Banquet Building LLC
since 2021
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+149.5%
Commercial (general)
$1.1M
+89.3%
Restaurant
$1.0M
+69.5%
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 Haines City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haines City 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$595,000
Current use
OFFICE BUILDING
$1,480,000
Change: +150% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,125,000
Change: +89% · Conversion: Difficult
RESTAURANT
$1,005,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,005,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$960,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$880,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$870,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$120 / 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
$36,032
Tax year 2023
Assessed value
$1,724,186
Assessed 2023
Previous assessed
$1,618,326
+6.5% YoY
Effective rate
2.09%
On assessed value
Assessed land
$105,972
Assessed improvement
$1,618,214
Land market value
$105,972
Improvement market value
$1,618,214
Total market value
$1,724,186
Applied tax rate
90,420.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
For Sale
Year built
2020
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
7,543 SF
Lot
1.38 ac (60,113 SF)
APN
272730000000022130
UPID
US18-8003409
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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$595,000
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$960,000
MEDICAL BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$870,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2020
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Balmoral Banquet Building LLC
Entity
Mailing address
124 KENNY BLVD, HAINES CITY, FL 33844-7618
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Balmoral Banquet Building LLC
—
Deed
related
$2,317,189 · Citizens Bk
—
—
Balmoral Banquet Building LLC
—
Loan Modification
related
$2,317,189 · Citizens Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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