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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Warehouses
2145 Edgewood Dr Lakeland, FL 33803-3603
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-0149359
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Total area
10,000 SF
Lot
1.09 ac (47,611 SF)
Zoning code
C-2
APN
242828244000005901
UPID
US18-0149359
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
-
Galloway Flooring Carpet & Flooring Store Hardware & Home Improvement
-
Galloway Carpet One Floor & Home Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.41M
Owner & transaction history
Odin Fl Re LLC
Odin Fl Re LLC
since 2026
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
C-2 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1,122.02 ac
Source
Realmo
Top alternative use upside
Retail stores
$1.9M
+79.7%
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
$1,395,000
ML approach
$1,565,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,040,000
Current use
RETAIL STORES
$1,865,000
Change: +80% · Conversion: Moderate
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.20M (May 3 2021)
Last sale anchor
$1.20M
May 3 2021
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
$141 / 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
$12,394
Tax year 2023
Assessed value
$679,860
Assessed 2023
Previous assessed
$682,366
-0.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$249,979
Assessed improvement
$429,881
Land market value
$249,979
Improvement market value
$429,881
Total market value
$679,860
Applied tax rate
91,510.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Units
1
Total area
10,000 SF
Lot
1.09 ac (47,611 SF)
Zoning code
C-2
APN
242828244000005901
UPID
US18-0149359
Jurisdiction
POLK
Zoning & alternative use
C-2 · Lakeland, FLZoning C-2 · permitted uses
C-2 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial
General category
COMMERCIAL
Zone area
1,122.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.9M
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Odin Fl Re LLC
Entity
Mailing address
6318 US HWY 27TH N, SEBRING, FL 33870-1225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
$1,900,000
Odin Fl Re LLC
Cornerstone Commercial Properties LLC
Warranty Deed
—
May 3, 2021
$1,200,000
Cornerstone Commercial Properties L
Galloways Flooring Warehouse INC
Warranty Deed
$1,208,000 · Colony Bank
Sep 5, 2007
$1,000,000
Galloways Flooring Warehouse
Galloway Carpet & Rug Co INC
Warranty Deed
related
—
—
—
Galloways Flooring Warehouse
—
Deed Of Trust
related
$1,300,000 · Bank Of Central Florida
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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