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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Medical Office Space
199 Ave K SE K Winter Haven, FL 33880-4002
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-3986688
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Total area
4,893 SF
Lot
0.66 ac (28,924 SF)
APN
262828618500021040
UPID
US18-3986688
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
-
IMA Medical Clinic of Winter Haven Physician
-
Karol Fortich Physician
-
Dr. Amarilys Colon Tirado Physician
-
IMA medical Group Medical Clinic
-
Ramon Acosta Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$785k
Owner & transaction history
Investment Prop Alliance LLC · 13 yrs held
Investment Prop Alliance LLC
since 2013
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
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,025,000
6.5%
$945,000
7%
$880,000
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$160 / 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
$11,066
Tax year 2023
Assessed value
$574,666
Assessed 2023
Previous assessed
$550,945
+4.3% YoY
Effective rate
1.93%
On assessed value
Assessed land
$153,297
Assessed improvement
$421,369
Land market value
$153,297
Improvement market value
$421,369
Total market value
$574,666
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Units
1
Total area
4,893 SF
Lot
0.66 ac (28,924 SF)
APN
262828618500021040
UPID
US18-3986688
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
1969
Heating
NONE
Stories
1
Units
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Investment Prop Alliance LLC
Entity
Mailing address
8367 VIA ROSA, ORLANDO, FL 32836-8788
Ownership since
2013
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
Feb 20, 2013
$400,000
Investment Prop Alliance LLC
Two Db Management Group INC
Warranty Deed
$340,000 · Regions Bank
Feb 7, 2008
—
Two Db Management Group INC
—
Trustees Deed
related
$380,000 · Centerstate Bank Of Florida
Mar 7, 2006
$600,000
Two Db Management Group INC
Insure America Group INC
Warranty Deed
$600,000 · Providence Bank
Aug 30, 2004
$157,500
Insure America Group INC
Knight,james F
Warranty Deed
$334,000 · Wachovia Bank NA
Feb 5, 2002
—
James F Knight
Marion A Allen INC Of Florida
Quit Claim Deed
related
$129,295 · Suntrust Bank Orlando
—
—
Two Db Management Group INC
—
Deed Of Trust
related
$160,000 · Providence Bank
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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