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Property profile & analytics
FOR SALE
Manufacturing properties
450 Polk St Bartow, FL 33830
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3041185
For Sale
1 / 3
$1,785,000
450 Polk St, Bartow, FL 33830
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
153,125 SF
Lot
22.24 ac (968,862 SF)
Zoning code
I-2
APN
253006000000012090
UPID
US18-3041185
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
-
Corsicana Bedding inc. Industrial Manufacturer Production Facility
-
Coriscana Bedding Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Phoenix Bartow Industrial Investors · 4 yrs held
Phoenix Bartow Industrial Investors
since 2021
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
I-2 · Bartow, 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 Bartow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartow 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
$1,915,000
ML approach
$2,235,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.79M
Range $1.61M – $1.96M · ±10% · vs last sale $1.50M (Sep 13 2021)
Last sale anchor
$1.50M
Sep 13 2021
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
$12 / 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
$37,002
Tax year 2023
Assessed value
$2,010,392
Assessed 2023
Previous assessed
$2,010,392
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$193,773
Assessed improvement
$1,816,619
Land market value
$193,773
Improvement market value
$1,816,619
Total market value
$2,010,392
Applied tax rate
90,310.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1989
Heating
NONE
Stories
1
Units
1
Total area
153,125 SF
Lot
22.24 ac (968,862 SF)
Zoning code
I-2
APN
253006000000012090
UPID
US18-3041185
Jurisdiction
POLK
Zoning & alternative use
I-2 · Bartow, FL
Zoning I-2 · permitted uses
I-2 · Bartow, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Units
1
Lot
22.24 ac
Current owner
From public records · entity-resolved
Phoenix Bartow Industrial Investors
Individual
Mailing address
401 E KILBOURN AVE STE #201, MILWAUKEE, WI 53202-3212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 24, 2025
—
Phoenix Bartow Industrial Investors
—
Deed
related
$6,100,000 · Axos Bank
Sep 13, 2021
$1,500,000
Phoenix Bartow Industrial Investors
Moran Real Estate Properties Ltd
Special Warranty Deed
$9,940,000 · Wisconsin Bank & Trust
Apr 10, 2008
$3,000,000
Moran Real Estate Props Ltd
Ametek INC
Warranty Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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