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Property profile & analytics
OFF-MARKET
Retail space
29 Polk Ave Arcadia, FL 34266-3949
Entity Owned
13-yr Hold
Free & Clear
Property ID
US18-4422675
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,446 SF
Lot
0.08 ac (3,659 SF)
Zoning code
B-2
APN
25-37-24-0012-0040-0132
UPID
US18-4422675
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
-
Groovy Smoothie (Bike/Boat/Book/etc) Store Take-out & Catering
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
Marigny INC · 13 yrs held
Marigny INC
since 2012
1 recorded transaction
Zoning & alternative use
B-2 · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 4.06.04.03. B-2, Central Business District. Future Land Use Classification: Business. The B-2, Central Business District (CBD), is intended to apply to the heart of the downtown business section which serves all portions of the city and the metropolitan area. The businesses and services of the CBD include many of those supplied in other types of busi…
Zone name
Central Business
General category
COMMERCIAL
Zone area
50.83 ac
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$2,272
Tax year 2023
Assessed value
$98,599
Assessed 2023
Previous assessed
$90,340
+9.1% YoY
Effective rate
2.30%
On assessed value
Assessed land
$13,721
Assessed improvement
$84,878
Land market value
$13,721
Improvement market value
$84,878
Total market value
$98,599
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Rooms
5
Total area
2,446 SF
Lot
0.08 ac (3,659 SF)
Zoning code
B-2
APN
25-37-24-0012-0040-0132
UPID
US18-4422675
Jurisdiction
DE SOTO
Zoning & alternative use
B-2 · Arcadia, FLZoning B-2 · permitted uses
B-2 · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 4.06.04.03. B-2, Central Business District. Future Land Use Classification: Business. The B-2, Central Business District (CBD), is intended to apply to the heart of the downtown business section which serves all portions of the city and the metropolitan area. The businesses and services of the CBD include many of those supplied in other types of business districts, and in addition thereto many services and facilities not available elsewhere. High land values, limitations of space and public convenience and welfare justify a greater intensity of use than in other business areas.
Zone name
Central Business
General category
COMMERCIAL
Zone area
50.83 ac
Building & site characteristics
From public records
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Units
1
Rooms
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
Marigny INC
Entity
Free & Clear · 13 yrs held
Mailing address
13 E OAK ST, ARCADIA, FL 34266-4490
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2012
$56,000
Marigny INC
Jackson,harold L & Sheila J
Warranty 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.
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