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Property profile & analytics
FOR LEASE
Retail space
365 5Th St Sw, Winter Haven, FL 33880
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-4684044
For Lease
1 / 3
$20 SF/Yr
365 5Th St Sw, Winter Haven, FL 33880
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Total area
4,728 SF
Lot
0.35 ac (15,124 SF)
Zoning code
ILS
APN
262829631500000082
UPID
US18-4684044
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
-
Heart of Florida sewing machines (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$900k
Owner & transaction history
Down Around The Derry Down LLC · 3 yrs held
Down Around The Derry Down LLC
since 2022
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
ILS · Winter Haven, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$885,000
6.5%
$815,000
7%
$760,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,220,000
Current use
COMMERCIAL (GENERAL)
$1,200,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$1,105,000
Change: -10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,005,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $925k (Sep 12 2022)
Last sale anchor
$925k
Sep 12 2022
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
$190 / 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
$6,291
Tax year 2023
Assessed value
$326,677
Assessed 2023
Previous assessed
$199,298
+63.9% YoY
Effective rate
1.93%
On assessed value
Assessed land
$68,049
Assessed improvement
$258,628
Land market value
$68,049
Improvement market value
$258,628
Total market value
$326,677
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1973
Heating
NONE
Stories
1
Units
1
Total area
4,728 SF
Lot
0.35 ac (15,124 SF)
Zoning code
ILS
APN
262829631500000082
UPID
US18-4684044
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
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES Current
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
1973
Heating
NONE
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Down Around The Derry Down LLC
Entity
Mailing address
PO BOX 7378, WINTER HAVEN, FL 33883-7378
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Down Around The Derry Down LLC
—
Deed
related
$1,500,000 · South State Bank NA
Sep 12, 2022
$925,000
Down Around The Derry Down LLC
Thomas S Roberts
Warranty Deed
—
Oct 21, 2019
—
Thomas S Roberts
—
Deed
related
$68,625 · Centerstate Bk NA
Sep 19, 2003
$130,000
Thomas S Roberts
New Beginnings Properties INC
Grant Deed
$104,000 · New Beginnings Properties INC
Jul 15, 2002
$85,000
Woolley Trust
Furse,l C & Cornelia G
Grant Deed
$82,724 · Riverside National Bank
—
—
Patricia K Roberts
—
Loan Modification
related
$72,704 · Centerstate Bank Of Florida
—
—
Roberts,thomas S & Patricia K
—
Deed Of Trust
related
$115,000 · Centerstate Bk/fl
—
—
Thomas S Roberts
—
Loan Modification
related
$68,625 · Centerstate Bk NA
—
—
Thomas S Roberts
—
Deed Of Trust
related
$197,300 · Bank Of America
—
—
Thomas S Roberts
—
Deed Of Trust
related
$36,900 · Us Small Business Admn
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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