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Property profile & analytics
OFF-MARKET
Manufacturing properties
2108 Old Tampa Hwy, Lakeland, FL 33815-3538
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-9798354
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
3,296 SF
Lot
0.52 ac (22,860 SF)
Zoning code
R-3
APN
232822094500001190
UPID
US18-9798354
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
-
Ricardos granite Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gifford Casey · 1 yrs held
Gifford Casey
since 2024
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
R-3 · Lakeland, FL
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,203
Tax year 2023
Assessed value
$71,514
Assessed 2023
Previous assessed
$71,514
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$20,573
Assessed improvement
$50,941
Land market value
$20,573
Improvement market value
$50,941
Total market value
$71,514
Applied tax rate
91,000.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Heating
NONE
Stories
1
Units
1
Total area
3,296 SF
Lot
0.52 ac (22,860 SF)
Zoning code
R-3
APN
232822094500001190
UPID
US18-9798354
Jurisdiction
POLK
Zoning & alternative use
R-3 · Lakeland, FL
Zoning R-3 · permitted uses
R-3 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Gifford Casey
Individual
Mailing address
2515 GEORGE WHEELER RD, LAKELAND, FL 33810-0642
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
$250,000
Gifford Casey
Ricardo E Vargas
Warranty Deed
$125,000 · Ricardo Vargas
Apr 5, 2010
$160,000
Ricardo E Vargas
Lugo,tomas
Warranty Deed
$104,315 · Tomas Lugo
Feb 11, 2010
—
Joseph Concepcion
Corbett,r Dennis
Grant Deed
related
—
Jun 5, 2009
—
Tomas Lugo
—
Trustees Deed
related
$45,000 · Charles & Virginia Stokes
Feb 14, 2008
$90,000
Tomas Lugo
Ochoa,carlos O & Lilia I
Warranty Deed
—
Sep 20, 2005
$89,900
Carlos O Ochoa
Concepcion,joseph
Warranty Deed
$80,900 · R D Corbett
Dec 20, 2004
$87,300
Joseph Concepcion
Corbett,r D
Warranty Deed
$53,212 · R D Corbett
Jun 25, 2001
—
R D Corbett
Baxter,patricia A & Charles R
Trustees Deed
related
—
May 11, 2000
$36,000
Charles R Baxter
Hall,bernice L
Grant Deed
$61,000 · D & D Properties INC
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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