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Property profile & analytics
OFF-MARKET
Estimated value
$13,625,000
Banks
210 Florida Ave Lakeland, FL 33801-4622
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4879614
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2001
Total area
63,310 SF
Lot
1.69 ac (73,704 SF)
Zoning code
C-6
APN
242818201000020012
UPID
US18-4879614
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
-
Suntrust Investment Services Financial Advisor
-
Swan Business LLC Accounting Firm Tax Preparation
-
Woodard & Curran Engineering Consultant
-
FedEx Drop Box Postal Service Courier Service
-
Lighthouse Sign Services (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.42M
Blend (final)
Blend
$13.63M
Owner & transaction history
Lakeland Regional Health Systems In · 3 yrs held
Lakeland Regional Health Systems In
since 2022
Last sale
$13.6M
5 recorded transactions
Zoning & alternative use
C-6 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ompatibility review for a Comprehensive Sign Plan (SGN) Flat Rate $100 Compatibility review for a special Building Type (SBT) Flat Rate $100 Alcoholic Beverage Background Check Alcoholic Beverage Background Check Within C-6 (Downtown Commercial) Locations or Flat Rate $24 C-7 (Munn Park Historic) Locations Annexation & Land Use Annexation (ANX) Request to an…
Zone name
Commercial
General category
COMMERCIAL
Zone area
241.23 ac
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
$13,675,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.63M
Range $12.26M – $14.99M · ±10% · vs last sale $13.60M (Oct 26 2022)
Last sale anchor
$13.60M
Oct 26 2022
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
$215 / 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
Assessed value
$5,757,339
Assessed 2023
Previous assessed
$5,757,339
+0.0% YoY
Total market value
$5,757,339
Applied tax rate
91,511.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2001
Heating
NONE
Buildings
2
Stories
5
Units
1
Total area
63,310 SF
Lot
1.69 ac (73,704 SF)
Zoning code
C-6
APN
242818201000020012
UPID
US18-4879614
Jurisdiction
POLK
Zoning & alternative use
C-6 · Lakeland, FLZoning C-6 · permitted uses
C-6 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ompatibility review for a Comprehensive Sign Plan (SGN) Flat Rate $100 Compatibility review for a special Building Type (SBT) Flat Rate $100 Alcoholic Beverage Background Check Alcoholic Beverage Background Check Within C-6 (Downtown Commercial) Locations or Flat Rate $24 C-7 (Munn Park Historic) Locations Annexation & Land Use Annexation (ANX) Request to annex a portion of land into the City of Lakeland Recording Fees Flat Rate Flat Rate
Zone name
Commercial
General category
COMMERCIAL
Zone area
241.23 ac
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Stories
5
Buildings
2
Units
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Lakeland Regional Health Systems In
Individual
Mailing address
PO BOX 95448, LAKELAND, FL 33804-5448
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
$13,600,000
Lakeland Regional Health Systems In
210 South LLC
Special Warranty Deed
—
Dec 7, 2007
$9,500,000
Crf Vi LLC
Suntrust Bank
Grant Deed
$8,220,000 · Mercantile Bank
—
—
210 South LLC
—
Deed Of Trust
related
$7,000,000 · First Southern Bank
—
—
210 South LLC
—
Loan Modification
related
$11,000,000 · Union Cap Inv
—
—
Broadway Office Investors LLC
—
Loan Modification
related
$11,000,000 · Union Cap Inv
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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