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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Grocery and convenience stores
4000 Recker Hwy Winter Haven, FL 33880-1231
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-1321846
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Total area
8,084 SF
Lot
1.44 ac (62,552 SF)
APN
252823000000022120
UPID
US18-1321846
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
-
Western Union Bank Credit Union
-
7-Eleven Grocery & Convenience Store
-
Citibank ATM Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$1.74M
Owner & transaction history
Joseph Dominic Cantele · 3 yrs held
Joseph Dominic Cantele
since 2023
Last sale
$1.8M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+41.0%
Commercial (general)
$2.1M
+38.6%
Warehouse, storage
$1.9M
+27.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,480,000
Current use
RETAIL STORES
$2,090,000
Change: +41% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,055,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$1,885,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,720,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10% · vs last sale $1.76M (May 1 2023)
Last sale anchor
$1.76M
May 1 2023
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
$215 / 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
$13,980
Tax year 2023
Assessed value
$891,760
Assessed 2023
Previous assessed
$922,351
-3.3% YoY
Effective rate
1.57%
On assessed value
Assessed land
$485,266
Assessed improvement
$406,494
Land market value
$485,266
Improvement market value
$406,494
Total market value
$891,760
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Heating
NONE
Stories
1
Units
1
Total area
8,084 SF
Lot
1.44 ac (62,552 SF)
APN
252823000000022120
UPID
US18-1321846
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1999
Heating
NONE
Stories
1
Units
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Joseph Dominic Cantele
Individual
Free & Clear · 3 yrs held
Mailing address
4042 HWY 49TH W, COOPERTOWN, TN 37172-5627
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
Joseph Dominic Cantele
Joseph Dominic Cantele
Intrafamily Transfer
related
—
Apr 21, 2023
—
Joseph Dominic Cantele
Joseph Dominic Cantele
Intrafamily Transfer
related
—
Apr 27, 2001
$1,760,000
Cantele,tr
K & B Associates III
Grant Deed
$1,000,000 · Colonial Bank
—
—
Armando P Cantele
—
Deed Of Trust
related
$49,575 · Ohio National Life Ins Co
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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