Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1810 Grand Bay Cir Lakeland, FL 33810-1822
    Property profile & analytics

    1810 Grand Bay Cir, Lakeland, FL 33810-1822

    View on Map
    • Specialty properties
    • 2,652 SF
    • 6.73 lot acres
    Off-Market
    Last Sale Dec 1, 2021
    $18,133,000
    Property ID
    US18-3748684
    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.
    Value Estimations
    $18,050,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Concord Management / Apartment Building
    • Kathleen Pointe Apartment Homes / Apartment Complex

    Property Details for 1810 Grand Bay Cir

    Year built
    2008
    Lot size
    6.73 lot acres
    Property type
    Specialty properties
    APN
    232802020504000072
    APU
    232802020504000072

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2025 — Sreit Kathleen Pointe LLC — Deed · related $11.2M · Berkadia Commercial Mortgage LLC
    Dec 1, 2021 $18,133,000 Sreit Kathleen Pointe LLC Kathleen Pointe Partners Lllp Special Warranty Deed $529.8M · Goldman Sachs Bank USA
    Apr 11, 2008 — Kathleen Pointe Partners Lllp — Deed Of Trust · related $4.2M · Neighborhood Lndg Partners W
    Feb 1, 2008 — Kathleen Pointe Partners Lllp Kathleen Pointe Lhc LLC Quit Claim Deed · related —
    Jan 23, 2008 — Kathleen Pointe Ptshp Lllp Kathleen Pointe Partners Lllp Quit Claim Deed · related —
    Jan 9, 2008 — Kathleen Pointe Partners Lllp City Of Lakeland Florida Quit Claim Deed · related —
    Dec 17, 2007 — Record Owner Kathleen Pointe Partners Lllp Grant Deed · related —
    — — Kathleen Pointe Partners Lllp — Deed Of Trust · related $4.2M · Neighborhood Lndg Partners W

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $21,105,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,822,000
      Market price range: $666k - $14.8M

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9871
    Latitude
    28.0765
    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
    $64,648
    $0.00
    $0.00
    $6,813,488
    -
    $0.00
    $0.00
    $6,813,488

    Comparable in this City

    • Value Estimation
      $6,770,000
      4,390 SF

      8118 Lk James Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      8118 Lk James Blvd, Lakeland, FL 33810-4837
      View Details
    • Value Estimation
      $18,135,000
      1.38 Acres

      Mall Hl Dr

      SHOPPING CENTER COMMON AREA
      Mall Hl Dr, Lakeland, FL 33810
      View Details
    • Value Estimation by Request
      12.42 Acres

      Kathleen Rd

      CHARITABLE ORGANIZATION
      Kathleen Rd, Lakeland, FL 33810
      View Details
    • Value Estimation by Request
      0.94 Acres

      2438 Sleepy Hl Rd

      CHARITABLE ORGANIZATION
      2438 Sleepy Hl Rd, Lakeland, FL 33810-2578
      View Details
    • Value Estimation by Request
      1.82 Acres

      2330 Kathleen Rd

      CHARITABLE ORGANIZATION
      2330 Kathleen Rd, Lakeland, FL 33810-3078
      View Details
    • Value Estimation
      $18,195,000
      11,800 SF

      4848 Foxwood Blvd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4848 Foxwood Blvd, Lakeland, FL 33810-2010
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,125 SF

      Lakeland Dollar General For Sale

      NN leased Dollar General with over 4 years remaining.
      4250 Old Kathleen Rd, Lakeland, FL 33810
      View Details
    • Contact for pricing

      3320 Knights Station Rd, Lakeland, FL 33810

      Land
      3320 Knights Station Rd, Lakeland, FL 33810
      View Details
    • $900,000
      6.29 Acres

      6 Acre Lakeland Development Opportunity

      Prime 6-acre parcel suitable for commercial development in Lakeland, FL.
      7835 Kathleen Rd, Lakeland, FL 33810
      View Details
    • $1,142,700

      Land Parcel on Duff Road

      Three land parcels available on Duff Road in Lakeland, Florida.
      1301 Duff Rd, Lakeland, FL 33810
      View Details
    • $319,999

      Land for Sale in Lakeland

      Land available in Lakeland, Florida.
      5930 Knights Station Rd, Lakeland, FL 33810
      View Details
    • $1,142,700
      5.56 Acres

      Prime Lakeland Land Opportunity

      5.56 acres with 803 feet of frontage on Duff Rd.
      1301 Duff Rd, Lakeland, FL 33810
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

      Retail Space in Lakeland Center

      Retail space with high traffic and easy highway access.
      2250-2390 Griffin Rd, Lakeland, FL 33810
      View Details
    • $96,000
      Pending

      Flex Space with I-4 Visibility

      4,000±sf flex space with office and warehouse areas.
      3705 Frontage Rd N, Lakeland, FL 33810
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Growing Lakeland

      Retail space available in a high-visibility shopping center.
      2905-2977 Duff Rd, Lakeland, FL 33810
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Lakeland, Florida.
      2905 Duff Rd, Lakeland, FL 33810
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1810 Grand Bay Cir
    Lakeland, FL 33810-1822
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1810 Grand Bay Cir, Lakeland, FL, 33810
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!