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Property profile & analytics
OFF-MARKET
Manufacturing properties
1250 Magnolia St, Lakeland, FL 33801-2126
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6014752
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
2,870 SF
Lot
0.31 ac (13,721 SF)
Zoning code
I-1
APN
242817191000004340
UPID
US18-6014752
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
by Request
Owner & transaction history
Orlando H Salas · 14 yrs held
Orlando H Salas
since 2011
4 recorded transactions
Zoning & alternative use
I-1 · 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
$1,481
Tax year 2023
Assessed value
$81,256
Assessed 2023
Previous assessed
$79,073
+2.8% YoY
Effective rate
1.82%
On assessed value
Assessed land
$39,805
Assessed improvement
$41,451
Land market value
$39,805
Improvement market value
$41,451
Total market value
$81,256
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Units
1
Total area
2,870 SF
Lot
0.31 ac (13,721 SF)
Zoning code
I-1
APN
242817191000004340
UPID
US18-6014752
Jurisdiction
POLK
Zoning & alternative use
I-1 · Lakeland, FL
Zoning I-1 · permitted uses
I-1 · 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
1984
Heating
NONE
Stories
1
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Orlando H Salas
Individual
Free & Clear · 14 yrs held
Mailing address
1727 HIGH PT DR, LAKELAND, FL 33813-2376
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2011
$87,000
Orlando H Salas
Us Bank NA 2007-3
Grant Deed
—
Jun 7, 2011
—
Us Bank NA 2007-3 Tr
Cartegena,gilberto Coc
Trustees Deed
related
—
Mar 26, 2007
$230,000
Gilberto Cartagena
T E Adams Construction INC
Warranty Deed
$207,000 · Lehman Brothers Bank Fsb
Mar 20, 2002
$66,500
T E Adams Construction INC
Wiget,c H & Ethel A
Grant Deed
$66,500 · Suntrust 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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