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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Industrial properties
302 4th SW St Winter Haven, FL 33880-3202
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-2650500
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1956
Total area
4,966 SF
Lot
0.87 ac (37,923 SF)
Zoning code
ILS
APN
262829620000001010
UPID
US18-2650500
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
-
Maritime Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.27M
Owner & transaction history
City Of Winter Haven Florida · 1 yrs held
City Of Winter Haven Florida
since 2025
Last sale
$10,900
6 recorded transactions
Zoning & alternative use
ILS · Winter Haven, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+109.8%
Retail stores
$1.3M
+41.8%
Commercial (general)
$1.3M
+39.3%
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
$1,275,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$905,000
Current use
OFFICE BUILDING
$1,900,000
Change: +110% · Conversion: Difficult
RETAIL STORES
$1,285,000
Change: +42% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,260,000
Change: +39% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,160,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,055,000
Change: +17% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $11k (Nov 4 2024)
Last sale anchor
$11k
Nov 4 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
$256 / 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
$5,241
Tax year 2023
Assessed value
$417,938
Assessed 2023
Previous assessed
$195,660
+113.6% YoY
Effective rate
1.25%
On assessed value
Assessed land
$81,539
Assessed improvement
$336,399
Land market value
$81,539
Improvement market value
$336,399
Total market value
$417,938
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Units
1
Total area
4,966 SF
Lot
0.87 ac (37,923 SF)
Zoning code
ILS
APN
262829620000001010
UPID
US18-2650500
Jurisdiction
POLK
Zoning & alternative use
ILS · Winter Haven, FL
Zoning ILS · permitted uses
ILS · 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
INDUSTRIAL (GENERAL) Current
Est. value
$905,000
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1956
Heating
NONE
Stories
1
Units
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
City Of Winter Haven Florida
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 7378, WINTER HAVEN, FL 33883-7378
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2025
$10,900
City Of Winter Haven Florida
Six Ten LLC
Warranty Deed
—
Apr 16, 2024
—
Six Ten LLC
—
Deed
related
$2,100,000 · Lili Okrarini Lewis Irrevocable Trust
Jun 17, 2020
$800,000
Six Of Ten LLC
Virgil A Bowen JR.
Grant Deed
$800,000 · Virgil A JR Bowen
Jan 28, 2016
$44,000
Bradley J Phares
Phares,clifton J III
Quit Claim Deed
related
—
Jul 1, 2011
—
Virgil A Bowen JR.
Phares,james H
Quit Claim Deed
related
—
Apr 24, 2006
—
James Phares
Phares,james H & Vickie S
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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