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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Warehouses
2511 Bonnie Mine Rd Bartow, FL 33830-8461
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-4767926
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1962
Total area
23,970 SF
Lot
38.36 ac (1,670,744 SF)
APN
243017000000024010
UPID
US18-4767926
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
-
Mosaic Bonnie Mine Pond Water Industrial Manufacturer Production Facility
-
Kinder Morgan Inc Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
$3.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.50M
Owner & transaction history
Peace Valley Properties LLC · 2 yrs held
Peace Valley Properties LLC
since 2024
Last sale
$4.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.4M
+148.6%
Commercial (general)
$6.8M
+127.7%
Auto repair, garage
$5.8M
+95.6%
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
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
$3,880,000
6.5%
$3,580,000
7%
$3,325,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,985,000
Current use
MEDICAL BUILDING
$7,415,000
Change: +149% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,790,000
Change: +128% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,835,000
Change: +96% · Conversion: Easy
OFFICE BUILDING
$5,755,000
Change: +93% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,395,000
Change: +47% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,705,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Jul 12 2024)
Last sale anchor
$4.50M
Jul 12 2024
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
$188 / 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
$8,728
Tax year 2023
Assessed value
$494,814
Assessed 2023
Previous assessed
$494,814
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$95,888
Assessed improvement
$398,926
Land market value
$95,888
Improvement market value
$398,926
Total market value
$494,814
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
1962
Heating
NONE
Buildings
3
Stories
25
Units
1
Total area
23,970 SF
Lot
38.36 ac (1,670,744 SF)
APN
243017000000024010
UPID
US18-4767926
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$5.8M
OFFICE BUILDING
Est. value
$5.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (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
1962
Heating
NONE
Stories
25
Buildings
3
Units
1
Lot
38.36 ac
Current owner
From public records · entity-resolved
Peace Valley Properties LLC
Entity
Mailing address
300 E MAXWELL ST STE #3, LAKELAND, FL 33803-2237
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
$4,500,000
Peace Valley Properties LLC
Agro Iron LLC
Special Warranty Deed
$2,750,000 · Agro-iron LLC
Oct 26, 2021
$1,900,000
Agro Iron LLC
Kinder Morgan Operating LLC C
Special Warranty Deed
—
Nov 9, 2006
—
Cf Industries INC
Yelvington Family Ptshp Ltd
Quit Claim 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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