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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Retail space
220 Central Ave Winter Haven, FL 33880-2957
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0379946
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
3,300 SF
Lot
0.09 ac (3,894 SF)
APN
262829621000024012
UPID
US19-0379946
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
-
Lucy Minerals Big Box & Wholesale Store Cosmetic Store
-
Lavender & Lilac Cosmetic Store
-
Your Polk County Hub County Government Office
-
Calypso's On Central (Bike/Boat/Book/etc) Store
-
Lavender & Lilac, LLC (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$430k
Owner & transaction history
Metro Six Of Ten LLC · 6 yrs held
Metro Six Of Ten LLC
since 2019
7 recorded transactions
Zoning & alternative use
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 Winter Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winter Haven 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
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
RETAIL STORES
$855,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$770,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$430k
Range $387k – $473k · ±10%
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
$130 / 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
$5,597
Tax year 2023
Assessed value
$290,643
Assessed 2023
Previous assessed
$372,948
-22.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$50,648
Assessed improvement
$239,995
Land market value
$50,648
Improvement market value
$239,995
Total market value
$290,643
Applied tax rate
92,410.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1963
Heating
NONE
Stories
1
Units
1
Total area
3,300 SF
Lot
0.09 ac (3,894 SF)
APN
262829621000024012
UPID
US19-0379946
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$700,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1963
Heating
NONE
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Metro Six Of Ten LLC
Entity
Mailing address
56 4TH ST NW STE #200, WINTER HAVEN, FL 33881-4613
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2019
$35,324,700
Metro Six Of Ten LLC
Six Of Ten LLC
Trustees Deed
related
$39,000,000 · Dbr Investments Co Ltd
Apr 16, 2015
$525,000
Six Of Ten LLC
Central Ave Properties INC
Warranty Deed
$323,334 · Citizens Bk
Dec 23, 2010
—
Lasater Flowers INC
—
Trustees Deed
related
$50,000 · Citizens Bank & Trust Co
Aug 22, 2003
$195,000
Lasater Flowers INC
Dupont,bonnie J Est
Grant Deed
$175,000 · Suntrust Bank NA
—
—
Lasater Flowers INC
—
Deed Of Trust
related
$50,000 · Citizens Bank & Trust Co
—
—
Lasater Flowers INC
—
Deed Of Trust
related
$50,000 · Citizens Bank & Trust Co
—
—
Lasater Flowers INC
—
Deed Of Trust
related
$50,000 · Citizens Bank & Trust Co
—
—
Six Of Ten LLC
—
Loan Modification
related
$10,343,500 · Platinum Bk
—
—
Six Of Ten LLC
—
Loan Modification
related
$10,343,500 · Platinum Bk
—
—
Lasater Flowers INC
—
Deed Of Trust
related
$50,000 · Citizens Bank & Trust Co
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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