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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Bars & Pubs
245 Central Ave Winter Haven, FL 33880-2908
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0803626
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1947
Total area
5,754 SF
Lot
0.15 ac (6,399 SF)
APN
262829621000023120
UPID
US19-0803626
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
-
Nexthome Norris & Company Realty Real Estate Agency
-
Delectable Delights Grocery & Convenience Store Specialty Food Shop
-
NextHome Norris & Company Realty : T-Fay Dewdney Real Estate Agency
-
KDM Creative Studio (Bike/Boat/Book/etc) Store Photography Service
-
The Union Taproom Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$835k
Owner & transaction history
Metro Six Of Ten LLC · 6 yrs held
Metro Six Of Ten LLC
since 2019
4 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
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$145 / 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
$8,186
Tax year 2023
Assessed value
$425,080
Assessed 2023
Previous assessed
$400,769
+6.1% YoY
Effective rate
1.93%
On assessed value
Assessed land
$83,161
Assessed improvement
$341,919
Land market value
$83,161
Improvement market value
$341,919
Total market value
$425,080
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1947
Heating
NONE
Stories
1
Units
1
Total area
5,754 SF
Lot
0.15 ac (6,399 SF)
APN
262829621000023120
UPID
US19-0803626
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
1947
Heating
NONE
Stories
1
Units
1
Lot
0.15 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
4 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
Sep 27, 2018
$205,000
Six Of Ten LLC
City Of Winter Haven
Warranty Deed
—
Oct 5, 2006
$1,100,000
City Of Winter Haven
Zab INC
Warranty Deed
—
Jul 9, 1999
$720,000
Zab INC
Dgb Properties INC
Grant Deed
$470,000 · Dgb Properties INC
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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