Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    209 Badcock Blvd Mulberry, FL 33860-2468
    Back to Search
    Property profile & analytics

    209 Badcock Blvd, Mulberry, FL 33860-2468

    View on Map
    • Office buildings
    • 2,726 SF
    • 0.24 lot acres
    Off-Market
    Last Sale Feb 27, 2025
    $200,000
    Property ID
    US18-8622499
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • D. Wayne Shouppe Construction Co. / Construction Company / General Contractor

    Property Details for 209 Badcock Blvd

    Year built
    1926
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property type
    Office buildings
    APN
    233001144110008030
    APU
    233001144110008030

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 27, 2025 $200,000 Joseph Maher David Wayne Shouppe JR Warranty Deed —
    Mar 7, 2018 $20,000 David W Shouppe SR Reel Plumbers INC Warranty Deed —
    Feb 26, 2015 $16,100 Reel Plumbers INC Us Bk NA Series 2007-he1 Grant Deed —
    Feb 26, 2014 $174,600 Us Bank NA Series 2007-he1 Tr Roberts,thomas E & Shirley E Deed In Lieu Of Foreclosure · related —
    Feb 1, 2000 $55,000 Thomas E Roberts Markell,donald & Bette J Grant Deed $55k · American General Home Equity
    — — Thomas E Roberts — Deed Of Trust · related $170k · Homefield Financial INC
    — — Thomas E Roberts — Deed Of Trust · related $118k · Conseco Finance Servicing Corp
    — — Thomas E Roberts — Deed Of Trust · related $34k · Conseco Finance Servicing Corp

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mulberry
    County
    Polk
    State
    Florida
    Longitude
    -81.9721
    Latitude
    27.8956
    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
    $4,522
    $15,211
    $176,503
    $191,714
    -
    $15,211
    $176,503
    $191,714

    Comparable in this City

    • Value Estimation by Request
      1,120 SF

      1006 Canal St

      OFFICE BUILDING
      1006 Canal St, Mulberry, FL 33860-2639
      View Details
    • Value Estimation by Request
      1,000 SF

      904 Canal St

      OFFICE BUILDING
      904 Canal St, Mulberry, FL 33860-2532
      View Details
    • Value Estimation by Request
      1,642 SF

      708 Church Ave

      OFFICE BUILDING
      708 Church Ave, Mulberry, FL 33860-2034
      View Details
    • Value Estimation by Request
      9,364 SF

      217 1st Ave

      OFFICE BUILDING
      217 1st Ave, Mulberry, FL 33860-2454
      View Details
    • Value Estimation by Request
      1,552 SF

      402 8th St

      OFFICE BUILDING
      402 8th St, Mulberry, FL 33860-2020
      View Details
    • Value Estimation by Request
      2,489 SF

      950 Pr Mine Rd

      OFFICE BUILDING
      950 Pr Mine Rd, Mulberry, FL 33860-8106
      View Details

    Similar Nearby for Sale

    • $119,900

      Mulberry Commercial Portfolio Opportunity

      Four-unit commercial portfolio in high-visibility Mulberry corridor.
      1106 Canal St E, Mulberry, FL 33860
      View Details
    • Contact for pricing

      Industrial/Flex Space on Highway 60

      2,400 SF industrial/flex building on 0.34 acres in Mulberry.
      1310 E Canal St, Mulberry, FL 33860
      View Details
    • Contact for pricing
      900 SF

      Small Office/Storefront in Mulberry

      900 SF office/storefront on 0.33 AC lot.
      403 N Church Ave, Mulberry, FL 33860
      View Details
    • Contact for pricing
      2,400 SF

      Industrial/Flex Building with Office Space

      2,400 SF industrial/flex building with office space for sale.
      1310 E Canal St, Mulberry, FL 33860
      View Details
    • Contact for pricing
      0.20 Acres

      Land in Mulberry, Florida

      0.20 acre lot in Mulberry, close to shopping and entertainment.
      Arnaz Dr, Mulberry, FL 33860
      View Details
    • $895,000

      Mulberry Corner Lot Fuel Site

      1.58-acre hard-corner site with existing lease and redevelopment potential.
      1009 East Canal St, Mulberry, FL 33860
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,424 SF

      Renovated Office Suite Available

      Updated office space with highway exposure, kitchen, and parking.
      1005 N Church Ave, Mulberry, FL 33860
      View Details
    • $2,500 /Mo

      Prime Commercial Space in Mulberry

      Excellent commercial space for lease in a strategic location.
      701 E Canal St, Mulberry, FL 33860
      View Details
    • $2,500 /Mo

      Mulberry Commercial Space for Lease

      Prime commercial space in Mulberry, FL, ideal for various businesses.
      701 E Canal St, Mulberry, FL 33860
      View Details
    • $19,440 /Mo

      Charming Office Suites in Mulberry

      Cottage-style office building with private suites for lease.
      207 N Church Ave, Mulberry, FL 33860
      View Details
    • Contact for pricing

      Light Industrial Warehouse with Offices

      Mulberry, Florida warehouse with offices, storage, and expansion potential.
      4055 Davis Rd, Mulberry, FL 33860
      View Details
    • $23,040
      840 SF

      Mulberry Retail Space For Rent

      Retail space available for lease in Mulberry, Florida.
      207 N Church Ave, Mulberry, FL 33860
      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.
    209 Badcock Blvd
    Mulberry, FL 33860-2468
    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
    209 Badcock Blvd, Mulberry, FL, 33860
    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!