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Property profile & analytics
OFF-MARKET
Estimated value
$3,590,000
Drug stores
3005 State Rd 540th W Winter Haven, FL 33880-1136
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5180351
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Total area
15,628 SF
Lot
2.52 ac (109,945 SF)
Zoning code
C-3
APN
252825354200001380
UPID
US18-5180351
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
-
CVS Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.59M
Owner & transaction history
Cole Cv Winter Haven Fl LLC · 20 yrs held
Cole Cv Winter Haven Fl LLC
since 2005
3 recorded transactions
Zoning & alternative use
C-3 · Winter Haven, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.0M
+48.0%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,925,000
6.5%
$2,700,000
7%
$2,505,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,040,000
Current use
OFFICE BUILDING
$5,975,000
Change: +48% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,970,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$3,645,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,325,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.59M
Range $3.23M – $3.95M · ±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
$230 / 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
$40,162
Tax year 2023
Assessed value
$2,711,192
Assessed 2023
Previous assessed
$2,666,352
+1.7% YoY
Effective rate
1.48%
On assessed value
Assessed land
$962,421
Assessed improvement
$1,748,771
Land market value
$962,421
Improvement market value
$1,748,771
Total market value
$2,711,192
Applied tax rate
90,000.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Heating
NONE
Stories
1
Units
1
Total area
15,628 SF
Lot
2.52 ac (109,945 SF)
Zoning code
C-3
APN
252825354200001380
UPID
US18-5180351
Jurisdiction
POLK
Zoning & alternative use
C-3 · Winter Haven, FL
Zoning C-3 · permitted uses
C-3 · Winter Haven, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winter Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.0M
OFFICE BUILDING
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.3M
RETAIL STORES Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2004
Heating
NONE
Stories
1
Units
1
Lot
2.52 ac
Current owner
From public records · entity-resolved
Cole Cv Winter Haven Fl LLC
Entity
Mailing address
1 CVS DR #2320, WOONSOCKET, RI 02895-6146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Sep 2, 2005
$5,267,000
Cole Cv Winter Haven Fl LLC
Capstone Spirit Lake LLC
Grant Deed
$4,214,000 · Wachovia Bank NA
Jul 11, 2003
—
Fore Oil Co
Auger,tr
Quit Claim Deed
related
—
Jul 11, 2003
$820,000
Capstone Spirit Lake LLC
Fore Oil Co
Grant 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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