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Property profile & analytics
OFF-MARKET
Estimated value
$425,000
Medical Office Space
220 Main St Bartow, FL 33830
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5383977
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
7,183 SF
Lot
0.48 ac (20,891 SF)
Zoning code
C-2
APN
253006394030000010
UPID
US18-5383977
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
-
Bridgeport Homeowners Association, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$425k
Owner & transaction history
Polk County
Polk County
since 2025
Last sale
$1.8M
2 recorded transactions
Zoning & alternative use
C-2 · Bartow, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The C-2 community commercial district is intended primarily to meet the retail shopping and service needs of several neighborhoods or a substantial territory.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
131.20 ac
Source
Realmo
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 Bartow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartow 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,505,000
6.5%
$1,390,000
7%
$1,290,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,220,000
Current use
COMMERCIAL (GENERAL)
$2,035,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$425k
Range $383k – $468k · ±10% · vs last sale $1.80M (Jul 3 2025)
Last sale anchor
$1.80M
Jul 3 2025
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
$59 / 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
$13,985
Tax year 2023
Assessed value
$755,518
Assessed 2023
Previous assessed
$730,645
+3.4% YoY
Effective rate
1.85%
On assessed value
Assessed land
$79,390
Assessed improvement
$676,128
Land market value
$79,390
Improvement market value
$676,128
Total market value
$755,518
Applied tax rate
90,310.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Units
1
Total area
7,183 SF
Lot
0.48 ac (20,891 SF)
Zoning code
C-2
APN
253006394030000010
UPID
US18-5383977
Jurisdiction
POLK
Zoning & alternative use
C-2 · Bartow, FLZoning C-2 · permitted uses
C-2 · Bartow, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The C-2 community commercial district is intended primarily to meet the retail shopping and service needs of several neighborhoods or a substantial territory.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
131.20 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1981
Heating
NONE
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Polk County
Entity
Free & Clear · 0 yrs held
Mailing address
840 E MANN RD, BARTOW, FL 33830-7427
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
$1,802,300
Polk County
Rosaleda Enterprises INC
Warranty Deed
—
Nov 18, 2022
—
Rafael J Nobo JR
Laura C Nobo
Deed
related
—
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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