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Property profile & analytics
OFF-MARKET
Warehouses
2221 Us Hwy 92nd E Lakeland, FL 33801-2447
Entity Owned
Free & Clear
Property ID
US18-5126267
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1948
Total area
2,040 SF
Lot
0.12 ac (5,306 SF)
APN
242816186000005182
UPID
US18-5126267
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
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
2221 Us Hwy 92 LLC
2221 Us Hwy 92 LLC
since 2025
Last sale
$150,000
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 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
$965
Tax year 2023
Assessed value
$78,087
Assessed 2023
Previous assessed
$56,734
+37.6% YoY
Effective rate
1.24%
On assessed value
Total market value
$78,087
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Units
1
Total area
2,040 SF
Lot
0.12 ac (5,306 SF)
APN
242816186000005182
UPID
US18-5126267
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
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
2221 Us Hwy 92 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2221 US HWY 92ND E, LAKELAND, FL 33801-2447
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
$150,000
2221 Us Hwy 92 LLC
Scoff Bitman
Warranty Deed
—
May 30, 2018
$177,900
Deedra G Jackson
Vazquez,jose A & Elizabeth
Warranty Deed
$142,320 · Caliber Hm Loans
Jun 2, 2014
$150,000
Scott Bitman
Bitman Land Trust 42514
Warranty Deed
related
—
May 5, 2014
$130,100
Bitman,land Trust 42514
Animal Engineering LLC
Warranty Deed
—
Jan 11, 2010
$247,700
Animal Engineering LLC
Reese,richard D SR & Helen L
Warranty Deed
—
Dec 29, 2009
$221,500
Richard D Reese SR.
Jones,timothy C & Sharron D
Warranty Deed
—
Apr 3, 2006
—
Timothy C Jones
Parker,w D
Warranty Deed
related
—
Jan 30, 2002
$50,000
Parker Trust
Mcquillen,john & Norma
Grant Deed
$130,000 · John & Norma Mcquillen
Mar 4, 1997
$35,000
Melton M Flowers
Wilshire Credit Corp
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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