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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Retail space
3759 Recker Hwy Winter Haven, FL 33880-1963
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-1024054
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
4,145 SF
Lot
0.47 ac (20,277 SF)
Zoning code
C-4
APN
252825000000033120
UPID
US18-1024054
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$569k
Blend (final)
Blend
$530k
Owner & transaction history
Jared Reed Lewman · 4 yrs held
Jared Reed Lewman
since 2022
Last sale
$345,000
3 recorded transactions
Zoning & alternative use
C-4 · Winter Haven, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Heavy
General category
COMMERCIAL
Zone area
111.96 ac
Source
Realmo
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
$650,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
$775,000
6.5%
$715,000
7%
$665,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$880,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $345k (May 6 2022)
Last sale anchor
$345k
May 6 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
$128 / 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
$3,484
Tax year 2023
Assessed value
$265,559
Assessed 2023
Previous assessed
$264,726
+0.3% YoY
Effective rate
1.31%
On assessed value
Assessed land
$54,729
Assessed improvement
$210,830
Land market value
$54,729
Improvement market value
$210,830
Total market value
$265,559
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Units
1
Total area
4,145 SF
Lot
0.47 ac (20,277 SF)
Zoning code
C-4
APN
252825000000033120
UPID
US18-1024054
Jurisdiction
POLK
Zoning & alternative use
C-4 · Winter Haven, FLZoning C-4 · permitted uses
C-4 · Winter Haven, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial Heavy
General category
COMMERCIAL
Zone area
111.96 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$880,000
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
1985
Heating
NONE
Stories
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Jared Reed Lewman
Individual
Mailing address
2710 EWELL RD, LAKELAND, FL 33811-2085
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$345,000
Jared Reed Lewman
Timothy E Smith
Warranty Deed
$245,000 · Timothy E Smith And Freda E Smith T
Nov 2, 2020
—
Smithh,t E Trust
Timothy E Smith
Quit Claim Deed
related
—
Jun 26, 2001
$250,000
Timothy E Smith
Cody,edward D & Patricia L
Grant Deed
$240,000 · Edward D & Patricia L
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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