Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$18,415,000
Parking lots & garages
186 Lk Silver NW Dr Winter Haven, FL 33881-4128
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5134334
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1941
Total area
1,408 SF
Lot
0.23 ac (9,836 SF)
APN
262820557000002020
UPID
US18-5134334
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
$13.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.42M
Owner & transaction history
Baycare Properties LLC · 1 yrs held
Baycare Properties LLC
since 2024
Last sale
$20.9M
6 recorded transactions
Zoning & alternative use
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 Winter Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Haven 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
$13,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.42M
Range $16.57M – $20.26M · ±10% · vs last sale $20.88M (Dec 7 2023)
Last sale anchor
$20.88M
Dec 7 2023
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
$13,079 / 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
$1,255
Tax year 2023
Assessed value
$65,174
Assessed 2023
Previous assessed
$101,874
-36.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$37,343
Assessed improvement
$27,831
Land market value
$37,343
Improvement market value
$27,831
Total market value
$65,174
Applied tax rate
92,410.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1941
Heating
NONE
Stories
1
Bathrooms
2
Total area
1,408 SF
Lot
0.23 ac (9,836 SF)
APN
262820557000002020
UPID
US18-5134334
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
Building & site characteristics
From public records
Year built
1941
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Baycare Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2985 DREW ST, CLEARWATER, FL 33759-3012
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2024
—
Baycare Properties LLC
C M G Corporation
Deed
related
—
Dec 7, 2023
$20,875,000
Baycare Properties LLC
Cmg Corporation
Special Warranty Deed
—
Jun 21, 2018
—
Cmg Corp
—
Loan Modification
related
$1,572,209 · Wells Fargo Bk
Sep 5, 2017
—
Cmg Corp
—
Loan Modification
related
$5,800,000 · Wells Fargo Bk
Jun 17, 2005
$110,000
Cmg Corp
Votto,frances
Warranty Deed
—
Jun 17, 2005
—
Cmg Corp
Pittman,luther B & Mary G
Warranty Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 186 Lk Silver NW Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
