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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Office buildings
160 Fitzgerald Rd Lakeland, FL 33813-2618
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-1143310
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
4,990 SF
Lot
0.15 ac (6,599 SF)
APN
232912140172000060
UPID
US18-1143310
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
-
Premiere Commercial Furniture and Design Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$900k
Owner & transaction history
Florida First Capital Finance Corp · 1 yrs held
Florida First Capital Finance Corp
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+56.9%
Auto repair, garage
$1.2M
+50.2%
Medical building
$1.2M
+49.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,090,000
6.5%
$1,005,000
7%
$935,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$820,000
Current use
COMMERCIAL (GENERAL)
$1,290,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,235,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,225,000
Change: +49% · Conversion: Easy
RETAIL STORES
$930,000
Change: +13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$915,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$180 / 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
$10,369
Tax year 2023
Assessed value
$644,047
Assessed 2023
Previous assessed
$635,376
+1.4% YoY
Effective rate
1.61%
On assessed value
Assessed land
$138,600
Assessed improvement
$505,447
Land market value
$138,600
Improvement market value
$505,447
Total market value
$644,047
Applied tax rate
91,000.0000
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
2008
Heating
NONE
Stories
1
Units
1
Total area
4,990 SF
Lot
0.15 ac (6,599 SF)
APN
232912140172000060
UPID
US18-1143310
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
OFFICE BUILDING Current
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$930,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$915,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Heating
NONE
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Florida First Capital Finance Corp
Entity
Free & Clear · 1 yrs held
Mailing address
17852 N US HWY 41, LUTZ, FL 33549-4502
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2025
—
Florida First Capital Finance Corp
Kd Lakeland Properties LLC
Deed
—
Oct 5, 2023
$1,100,000
Kb Lakeland Properties LLC
Premiere Com Furniture & Design INC
Special Warranty Deed
$508,435 · Dfcu Financial
Oct 5, 2023
—
Kd Lakeland Properties LLC
—
Deed
related
$635,550 · Dfcu Financial
Sep 16, 2019
—
Premiere Coml Furniture & Des
—
Deed
related
$184,900 · Us Small Business Administrati
Oct 23, 2018
$100
Vicki M Wolf
Wolf,robert P
Quit Claim Deed
related
—
Jan 18, 2018
—
Premiere Coml Furniture & Des
—
Deed
related
$103,100 · Us Small Busn Admn
Feb 18, 2009
$797,700
Premiere Coml Furniture
South Lakeland Office Park LLC
Warranty Deed
$412,000 · Community Southern Bank
—
—
Premiere Coml Furniture & Des
—
Loan Modification
related
$184,900 · Us Small Business Administrati
—
—
Premiere Coml Furniture & Des
—
Deed Of Trust
related
$103,100 · Us Small Busn Admn
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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