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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Office buildings
252 Van Fleet Dr Bartow, FL 33830-3805
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2784956
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Total area
4,900 SF
Lot
0.51 ac (22,329 SF)
Zoning code
C-3
APN
253006385600007020
UPID
US18-2784956
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
-
Bartow Insurance Center Insurance Agency
-
Wildwood Contracting Radio Communications, Inc. Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$980k
Blend (final)
Blend
$755k
Owner & transaction history
Rhonda P Waters · 2 yrs held
Rhonda P Waters
since 2023
5 recorded transactions
Zoning & alternative use
C-3 · Bartow, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+1.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$990,000
7%
$915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,175,000
Current use
AUTO REPAIR, GARAGE
$1,195,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$154 / 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
$9,834
Tax year 2023
Assessed value
$425,462
Assessed 2023
Previous assessed
$412,651
+3.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$84,843
Assessed improvement
$340,619
Land market value
$84,843
Improvement market value
$340,619
Total market value
$425,462
Applied tax rate
90,310.0000
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
1963
Heating
NONE
Stories
1
Units
1
Total area
4,900 SF
Lot
0.51 ac (22,329 SF)
Zoning code
C-3
APN
253006385600007020
UPID
US18-2784956
Jurisdiction
POLK
Zoning & alternative use
C-3 · Bartow, FL
Zoning C-3 · permitted uses
C-3 · Bartow, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1963
Heating
NONE
Stories
1
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Rhonda P Waters
Individual
Free & Clear · 2 yrs held
Mailing address
1320 POLSTON RD, EAGLE LAKE, FL 33839-5626
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2023
—
Rhonda P Waters
Emmitt L Polston
Warranty Deed
—
Aug 26, 2019
$100
Broom,alvin G Trust
Broom,alvin G
Grant Deed
related
—
Sep 15, 2008
—
Emmitt L Polston
Polston,emmitt L & Cynthia A
Quit Claim Deed
related
—
—
—
Alvin G Broom
—
Loan Modification
related
—
—
—
Alvin G Broom
—
Deed Of Trust
related
$43,569 · Centerstate Bank Of Florida
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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