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Property profile & analytics
OFF-MARKET
Bars & Pubs
120 Kentucky Ave Lakeland, FL 33801-5002
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-8535754
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1969
Total area
4,200 SF
Lot
0.12 ac (5,162 SF)
Zoning code
C7
APN
242818201000017092
UPID
US18-8535754
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
-
kata hotel Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Ky Avenue Property LLC · 14 yrs held
South Ky Avenue Property LLC
since 2011
5 recorded transactions
Zoning & alternative use
C7 · Lakeland, FL
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,258
Tax year 2023
Assessed value
$259,917
Assessed 2023
Previous assessed
$250,509
+3.8% YoY
Effective rate
2.02%
On assessed value
Assessed land
$118,703
Assessed improvement
$141,214
Land market value
$118,703
Improvement market value
$141,214
Total market value
$259,917
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
1969
Heating
NONE
Stories
1
Units
1
Total area
4,200 SF
Lot
0.12 ac (5,162 SF)
Zoning code
C7
APN
242818201000017092
UPID
US18-8535754
Jurisdiction
POLK
Zoning & alternative use
C7 · Lakeland, FLZoning C7 · permitted uses
C7 · Lakeland, FL
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
1969
Heating
NONE
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
South Ky Avenue Property LLC
Entity
Mailing address
821 S LAKESIDE AVE, LAKELAND, FL 33815-4771
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2011
$253,000
South Ky Avenue Property LLC
Quality Props Asset Mgmt Co
Grant Deed
$95,000 · Midflorida FCU
Sep 8, 2010
—
Quality Props Asset Mgmt Co
Idin Oriental Rugs Coc
Trustees Deed
related
—
Dec 2, 2005
$400,000
Mousa Djahankhah
Wadsworth,susan C
Warranty Deed
$300,000 · Midflorida FCU
Jun 8, 2000
$200,000
Kentucky Venture Partnership
Wadsworth,susan C
Grant Deed
$143,760 · Florida Firstbank
—
—
Mousa Djahankhah
—
Deed Of Trust
related
$404,870 · Bank Of America
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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