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Property profile & analytics
OFF-MARKET
Office buildings
1248 George Jenkins Blvd Lakeland, FL 33815-1354
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-3459308
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Total area
2,890 SF
Lot
7.18 ac (312,761 SF)
Zoning code
IND
APN
232814000000022020
UPID
US18-3459308
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
-
Custom Granite Rocks Inc. Kitchen & Bath Showroom Hardware & Home Improvement
-
Compassionate Pet Cremation Cremation Service
-
Septic Blue of Lakeland Plumbing Service
-
Luemify 3D IT Consulting Firm
-
Alliance Movers Lakeland Moving Company
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
Lakeland Indl Pk II LLC · 8 yrs held
Lakeland Indl Pk II LLC
since 2017
7 recorded transactions
Zoning & alternative use
IND · 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
$23,044
Tax year 2023
Assessed value
$1,639,738
Assessed 2023
Previous assessed
$1,540,962
+6.4% YoY
Effective rate
1.41%
On assessed value
Assessed land
$283,929
Assessed improvement
$1,355,809
Land market value
$283,929
Improvement market value
$1,355,809
Total market value
$1,639,738
Applied tax rate
91,510.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1946
Heating
NONE
Buildings
11
Stories
1
Units
1
Total area
2,890 SF
Lot
7.18 ac (312,761 SF)
Zoning code
IND
APN
232814000000022020
UPID
US18-3459308
Jurisdiction
POLK
Zoning & alternative use
IND · Lakeland, FL
Zoning IND · permitted uses
IND · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Buildings
11
Units
1
Lot
7.18 ac
Current owner
From public records · entity-resolved
Lakeland Indl Pk II LLC
Entity
Mailing address
1248 GEORGE JENKINS BLVD STE M, LAKELAND, FL 33815-1359
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2017
—
Lakeland Indl Pk II LLC
Stanley Bob W Trust
Quit Claim Deed
related
—
Apr 10, 2017
$875,000
Stanley,amended Trust
Stanley Nancy L Trust
Grant Deed
related
—
Jan 29, 2010
$150,000
Area Mass Transit Dis Lakeland
Stanley,bob W
Warranty Deed
—
Mar 10, 2009
—
Stanley Nancy L Trust
Stanley Bob W Trust
Quit Claim Deed
related
—
Aug 16, 2007
—
Purada Processing LLC
—
Deed Of Trust
related
$35,000,000 · Bank Of America
May 23, 2007
—
Stanley Bob W Trust
Stanley,bob W
Quit Claim Deed
related
—
Jan 2, 2001
$756,500
Bob W Stanley
Artman,phyllis C & Stuart D
Grant Deed
$500,000 · Seller
Mar 12, 1998
$1,179,200
Lakeland Industrial Park
Nopec Corp
Grant Deed
—
Oct 10, 1997
$1,900,000
Nopec Corp
Lakeland Industrial Park
Grant Deed
$1,210,000 · Seller
—
—
Bob W Stanley
—
Deed Of Trust
related
$650,000 · Southtrust Bank NA
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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