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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1200 Bartow Rd Lakeland, FL 33801-5901

    • Warehouses
    • 20,795 SF
    • 21.89 lot acres
    OFF-MARKET
    Value Estimations
    $2,250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5243780
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marriott Vacation Club / Hotel & Motel
    • Marriott Vacations Worldwide Corporation / Vacation Rental / Real Estate Agency
    • MVW Lakeland Office / Corporate Office

    Property Details for 1200 Bartow Rd

    Year built
    1989
    Lot size
    21.89 lot acres
    Property size
    20,795 SF
    Zone code
    PUD
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    242820000000023050
    APU
    242820000000023050

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,365,000
      6.5%
      $3,105,000
      7%
      $2,885,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,005,000
      Market price range: $1.11M - $3.01M
      AI Estimate
      $1,949,000
      Market price range: $619k - $1.95M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,015,000
      Current use
      RETAIL STORES
      $3,615,000
      Change: +79% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9291
    Latitude
    28.0301
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $130,068
    $1,096,424
    $6,038,506
    $7,134,930
    -
    $1,096,424
    $6,038,506
    $7,134,930

    Comparable in this City

    • Value Estimation by Request
      6,060 SF

      122 Loop E Dr

      MINI-WAREHOUSE, STORAGE • 6,060 SF
      122 Loop E Dr, Lakeland, FL 33801
      View Details
    • Value Estimation
      $6,255,000
      52,500 SF

      3020 Ralph Rd

      MINI-WAREHOUSE, STORAGE • 52,500 SF
      3020 Ralph Rd, Lakeland, FL 33801
      View Details
    • Value Estimation by Request
      2,750 SF

      3010 Main St

      MINI-WAREHOUSE, STORAGE • 2,750 SF
      3010 Main St, Lakeland, FL 33801-9408
      View Details
    • Value Estimation by Request
      1,575 SF

      2618 Industrial Park Dr

      MINI-WAREHOUSE, STORAGE • 1,575 SF
      2618 Industrial Park Dr, Lakeland, FL 33801-7106
      View Details
    • Value Estimation
      $775,000
      16,440 SF

      2330 Combee Rd

      MINI-WAREHOUSE, STORAGE • 16,440 SF
      2330 Combee Rd, Lakeland, FL 33801-6862
      View Details
    • Value Estimation by Request
      3,000 SF

      3115 Saddle Crk Rd

      MINI-WAREHOUSE, STORAGE • 3,000 SF
      3115 Saddle Crk Rd, Lakeland, FL 33801-9571
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakeland Warehouse/Retail Space For Sale

      12,500 SF wholesale/retail warehouse with units from 1,250-3,750 SF.
      2226 S Combee Rd, Lakeland, FL 33801
      View Details
    • $4,800,000
      53,329 SF

      Lakeland Rail-Served Warehouse

      53,329 SF Industrial Space, $4.8M
      2715 Crystal Lake Acres Dr, Lakeland, FL 33801
      View Details
    • $2,750,000

      Lakeland Warehouse with Fenced Storage

      13,219 SF warehouse with 1.3 acres fenced storage.
      2940 Us Highway 92 E, Lakeland, FL 33801
      View Details
    • Contact for pricing

      Lakeland Industrial Property with Bay

      Multi-tenant industrial property in East Lakeland industrial corridor.
      1704 S Combee Rd, Lakeland, FL 33801
      View Details
    • $1,299,500
      Pending

      Office/Warehouse Property with Flexible Space

      8,750± SF office/warehouse with flexible office and warehouse space.
      1512 E Gary Rd, Lakeland, FL 33801
      View Details
    • $1,299,500
      Pending

      Lakeland Mixed-Use Office/Warehouse Property

      8,750 SF office/warehouse with flexible space in Lakeland, FL.
      1512 E Gary Rd, Lakeland, FL 33801
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      14,400 SF

      Lakeland Industrial Warehouse Space

      Versatile warehouse space, flexible options.
      1345 Gary Rd, Lakeland, FL 33801
      View Details
    • Contact for pricing
      3,600 SF

      Lakeland Industrial Outdoor Storage Lot

      3,600 SF fenced industrial outdoor storage lot for lease.
      2850 Mine And Mill Rd, Lakeland, FL 33801
      View Details
    • $6,000 /Mo
      5,440 SF

      Versatile Commercial Building in Lakeland

      5,440 sq ft building suitable for retail, office, or warehouse.
      4830 Us Highway 92 E, Lakeland, FL 33801
      View Details
    • Contact for pricing

      Lakeland Warehouse with Fenced Yard

      14,000 SF warehouse with convenient highway access and ample parking.
      2330 S Combee Rd, Lakeland, FL 33801
      View Details
    • Contact for pricing
      973,873 SF

      Lakeland Main: Build-to-Suit Industrial

      Prime Polk County industrial site; build-to-suit options.
      3125 Main St, Lakeland, FL 33801
      View Details
    • Contact for pricing
      1,250 SF

      Lakeland Wholesale/Retail Warehouse Space

      Ground-level warehouse space for lease in Lakeland, Florida.
      2226 Combee Rd, Lakeland, FL 33801
      View Details
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    1200 Bartow Rd
    Lakeland, FL 33801-5901
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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