Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2100 1st N St Winter Haven, FL 33881-1508

    • Grocery and convenience stores
    • 3,000 SF
    • 0.90 lot acres
    OFF-MARKET
    Last Sale
    Oct 25, 2024
    $1,950,000
    Value Estimations
    $1,950,000
    Show details
    Cap Rate Potential
    2%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US18-9129840
    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.

    Current Use by Public Records

    • Miami Style Grill / Restaurant
    • Penske Truck Rental / Car Rental Facility
    • Chevron / Auto Repair Shop
    • ATM / Atm
    • Bitbox Bitcoin ATM / Atm

    Property Details for 2100 1st N St

    Year built
    2005
    Lot size
    0.90 lot acres
    Property size
    3,000 SF
    Property type
    Grocery and convenience stores
    APN
    262817547500007090
    APU
    262817547500007090

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,950,000
      ML approach
      $1,950,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,209,000
      Market price range: $441k - $1.21M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,295,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.7265
    Latitude
    28.0445
    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
    $9,230
    $149,742
    $329,588
    $479,330
    -
    $149,742
    $329,588
    $479,330

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      1290 34th NW St

      CONVENIENCE STORE • 2,880 SF
      1290 34th NW St, Winter Haven, FL 33881-2216
      View Details
    • Value Estimation
      $3,535,000
      16,504 SF

      934 Havendale NW Blvd

      CONVENIENCE STORE • 16,504 SF
      934 Havendale NW Blvd, Winter Haven, FL 33881-1353
      View Details
    • Value Estimation
      $925,000
      5,559 SF

      1250 6th NW St

      CONVENIENCE STORE • 5,559 SF
      1250 6th NW St, Winter Haven, FL 33881-2361
      View Details
    • Value Estimation
      $535,000
      3,408 SF

      5900 State Rd 544

      CONVENIENCE STORE • 3,408 SF
      5900 State Rd 544, Winter Haven, FL 33881-9558
      View Details
    • Value Estimation by Request
      3,040 SF

      3250 Lk Alfred Rd

      CONVENIENCE STORE • 3,040 SF
      3250 Lk Alfred Rd, Winter Haven, FL 33881-4926
      View Details
    • Value Estimation by Request
      1,083 SF

      2126 34th NW St

      CONVENIENCE STORE • 1,083 SF
      2126 34th NW St, Winter Haven, FL 33881-1900
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1,200 SF

      Pool Business Opportunity on US 92

      Pool business with high visibility on US 92 in Winter Haven.
      2999 Us Highway 92, Winter Haven, FL 33881
      View Details
    • $599,000
      3,796 SF

      Prime Downtown Retail Opportunity

      Corner property in Winter Haven's bustling downtown area.
      600 Avenue B NW, Winter Haven, FL 33881
      View Details
    • $299,000

      Established Business Opportunity, Real Estate Included

      Operating business for over 20 years with real estate included.
      2106 1St St N, Winter Haven, FL 33881
      View Details
    • $2,949,500
      14,413 SF

      Winter Haven Flex Space Investment

      14,413 SF Flex Space, 100% Occupied
      2701 Havendale Blvd, Winter Haven, FL 33881
      View Details
    • $980,000
      9.80 Acres

      Winter Haven Multifamily Development Land

      9.8 acres zoned for multifamily development in Winter Haven.
      Brigham Rd, Winter Haven, FL 33881
      View Details
    • $13,000,000
      57.00 Acres

      Outback Oasis: 400-Unit Potential

      Prime Winter Haven Development Land
      4020 Country Club Rd, Winter Haven, FL 33881
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Retail Space in Winter Haven

      Retail space available in Winter Haven's Bowen Yard Loop.
      419 SW 5Th St, Winter Haven, FL 33881
      View Details
    • Contact for pricing
      5,200 SF

      Sherwin-Williams Corporate Leased Location

      Investment opportunity with long-term lease and options in growing area.
      33032 Hwy, Winter Haven, FL 33881
      View Details
    • $47,060

      Downtown Winter Haven Retail Space

      Prime retail space in thriving downtown Winter Haven, Florida.
      324 4Th St NW, Winter Haven, FL 33881
      View Details
    • $25 SF/Yr
      1,525 SF

      Winter Haven Retail Space Available

      Retail and restaurant spaces available for lease in Winter Haven.
      1393 Havendale Blvd NW, Winter Haven, FL 33881
      View Details
    • Contact for pricing
      635 SF

      Retail Space with Open Floorplan

      Retail space featuring great visibility and an open floorplan.
      243 3Rd St Sw, Winter Haven, FL 33881
      View Details
    • Contact for pricing
      1,500 SF

      Retail and Restaurant Space Available

      Build-to-suit retail and restaurant spaces in downtown Winter Haven.
      500 Avenue D NW, Winter Haven, FL 33881
      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.
    2100 1st N St
    Winter Haven, FL 33881-1508
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!