Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Office buildings
2212 Florida Ave Lakeland, FL 33803-7260
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US18-3717938
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
6,549 SF
Lot
0.3 ac (13,081 SF)
Zoning code
C-2
APN
242830256500002230
UPID
US18-3717938
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
-
EGL Financial - Northwestern Mutual Financial Advisor
-
Sessums Law Group, P.A. Law Firm
-
Law Office Of Mark G. Capron, P.A. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.20M
Owner & transaction history
Sessums & Sessums Pa · 16 yrs held
Sessums & Sessums Pa
since 2010
7 recorded transactions
Zoning & alternative use
C-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,795,000
Current use
COMMERCIAL (GENERAL)
$1,690,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,620,000
Change: -10% · Conversion: Difficult
MEDICAL BUILDING
$1,610,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$182 / 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
$13,350
Tax year 2023
Assessed value
$878,384
Assessed 2023
Previous assessed
$823,397
+6.7% YoY
Effective rate
1.52%
On assessed value
Assessed land
$196,245
Assessed improvement
$682,139
Land market value
$196,245
Improvement market value
$682,139
Total market value
$878,384
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Stories
2
Units
1
Total area
6,549 SF
Lot
0.3 ac (13,081 SF)
Zoning code
C-2
APN
242830256500002230
UPID
US18-3717938
Jurisdiction
POLK
Zoning & alternative use
C-2 · Lakeland, FL
Zoning 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
Lakeland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Sessums & Sessums Pa
Individual
Mailing address
2212 S FLORIDA AVE STE #100, LAKELAND, FL 33803-7215
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Sessums Law Group Pa
—
Deed
related
$500,000 · Crews Bank & Trust
Jul 8, 2020
—
Sessums Law Group Pa
—
Deed
related
$1,449,637 · Centerstate Bk NA
Mar 21, 2019
—
Sessums Law Group Pa
—
Deed
related
$824,793 · Centerstate Bk NA
Apr 20, 2010
$555,000
Sessums & Sessums Pa
Anchor Investment Corp
Grant Deed
$975,375 · Platinum Bk
—
—
Sessums Law Group Pa
—
Deed Of Trust
related
$824,793 · Centerstate Bk NA
—
—
Sessums Law Group Pa
—
Deed Of Trust
related
$571,220 · Platinum Bank
—
—
Sessums Law Group Pa
—
Loan Modification
related
$1,449,637 · Centerstate Bk NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2212 Florida Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
