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    Property profile & analytics

    245 Central Ave Bartow, FL 33830-4620

    • Office buildings
    • 6,250 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $610,000
    Location Intelligence
    Property ID
    US19-0289140
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Boswell & Dunlap LLP / Family Law Attorney / Personal Injury Attorney
    • George T. Dunlap III / Attorney
    • Parker Sean R / Attorney
    • Wilson Jr Donald H / Attorney
    • David Carmichael BCS / Attorney

    Property Details for 245 Central Ave

    Year built
    1955
    Lot size
    0.47 lot acres
    Property size
    6,250 SF
    Property type
    Office buildings
    APN
    253005376000000013
    APU
    253005376000000013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $570,000

    • CAP approach

      CAP return
      Estimation
      6%
      $785,000
      6.5%
      $850,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $800,000
      Mixed-Use
      $835,000
      Hospitality
      $650,000
      Educational
      $800,000
      Residential Income
      $800,000
      Energy
      $705,000
      Income-Based Land
      $660,000
      Food Service
      $725,000

    Location Insight

    • Map
    • Local Demand
    City
    Bartow
    County
    Polk
    State
    Florida
    Longitude
    -81.8427
    Latitude
    27.8953
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,232
    $115,782
    $903,536
    $1,019,318
    -
    $115,782
    $903,536
    $1,019,318

    Comparable in this City

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    • Value Estimation by Request
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      1915 Floral Ave

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      1050 Golfview Ave

      OFFICE BUILDING • 1,288 SF
      1050 Golfview Ave, Bartow, FL 33830-6118
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      10,962 SF

      255 Hwy 555

      OFFICE BUILDING • 10,962 SF
      255 Hwy 555, Bartow, FL 33830
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      1,614 SF

      4713 Richard Dr, Unit A

      OFFICE BUILDING • 1,614 SF
      4713 Richard Dr, Bartow, FL 33830-8758
      View Details
    • Value Estimation by Request
      27,220 SF

      455 Broadway Ave

      OFFICE BUILDING • 27,220 SF
      455 Broadway Ave, Bartow, FL 33830-3916
      View Details

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    Similar Nearby for Lease

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    • $20 SF/Yr
      5,815 SF

      Downtown Bartow Retail/Office Space

      5,800± SF building in downtown Bartow available August 2025.
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    • Contact for pricing

      Strategically Located 40-Acre Land Parcel

      40 acres at Hwy 60 and Rifle Range Rd.
      Bartow, FL 33830
      View Details
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    245 Central Ave
    Bartow, FL 33830-4620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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