Individually Owned 
For Sale
1 / 34
$2,575,000
395 S Central Ave, Bartow, FL 33830
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Property summary
AI-generated overview
This exceptional commercial property, located at 395 S Central Ave, Bartow, FL 33830, offers 18,160 square feet of versatile office space. Situated on a 0.75-acre lot in the heart of Downtown Bartow, this Class A property is less than 1,000 feet from the Polk County Courthouse. The property comprises two connected historic buildings, the original structure dating back to 1915 and a newer addition built in 1992, offering a unique blend of character and modern functionality. A recent renovation in 2002 ensures modern amenities. The flexible layout allows for diverse tenancy configurations, accommodating single-tenant occupancy or division into executive suites. The two-story building provides ample space, complemented by 14 parking spaces. Zoned C-1, this property is ideally suited for a variety of professional businesses, including financial institutions and law firms. The property's prime location and adaptable design make it an attractive opportunity for businesses seeking a prestigious and convenient address in Bartow, Florida. The parcel numbers are 253005375000009030 and 253005375000009010.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Total area
5,371 SF
Lot
0.5 ac (21,889 SF)
APN
253005375000009030
UPID
US18-4403691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Law Firm
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.38M
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Medical building
$1.7M
+28.9%
Commercial (general)
$1.5M
+18.0%
Auto repair, garage
$1.3M
+1.4%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.38M
Value range
$1.24M – $1.52M
±10% around blend
Estimated value / SF
$257 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
Income certainty
100
$1.24M
blend $1.38M
$1.52M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,371 SF
Lot area
0.5 ac
Year built
1915
Stories
1
APN
253005375000009030
Assessed value
$1,893,465
Annual tax
$41,215
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.09M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.18M
@ 6.5% CAP return
$1.09M
@ 7% CAP return
$1.01M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$41,215
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$913k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 4,842 SF
11.6 mi away · 6,000 SF
12.1 mi away · 5,868 SF
12.5 mi away · 3,819 SF
15.5 mi away · 4,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$240
+7%
Submarket 38 sales
$260
-1%
County 478 sales
$247
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $257/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+29%
vs current-use indication
Commercial (general)
Auto Repair, Garage
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
9.30%
Selected cap rate for this office buildings
Derived from the Bartow market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.30%
9.0%
NOI (est.)
$223k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.40M
Move the market yield to see immediate price impact.
Value / SF
$447
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.80%9.30%9.80%
$201k
$2.28M
$2.16M
$2.05M
$223k
$2.54M
$2.40M
$2.28M
$245k
$2.79M
$2.64M
$2.50M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.00M
9.7 mi · Jan 2026 · $191/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,215
Tax year 2023
Assessed value
$1,893,465
Assessed 2023
Previous assessed
$1,777,523
+6.5% YoY
Effective rate
2.18%
On assessed value
Assessed land
$74,412
Assessed improvement
$1,819,053
Land market value
$74,412
Improvement market value
$1,819,053
Total market value
$1,893,465
Applied tax rate
90,310.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1915
Heating
NONE
Buildings
5
Stories
1
Units
1
Bathrooms
2
Total area
5,371 SF
Lot
0.5 ac (21,889 SF)
APN
253005375000009030
UPID
US18-4403691
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Stories
1
Buildings
5
Units
1
Bathrooms
2
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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