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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Commercial real estate
4500 Us Hwy 92nd E Lakeland, FL 33801-9457
Entity Owned
15-yr Hold
Free & Clear
Property ID
US18-3752923
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Total area
4,000 SF
Lot
153.82 ac (6,700,399 SF)
APN
242812000000032010
UPID
US18-3752923
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
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$944k
Blend (final)
Blend
$860k
Owner & transaction history
Osprey Links LLC · 15 yrs held
Osprey Links LLC
since 2011
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$990,000
+69.9%
Medical building
$980,000
+68.7%
Office building
$860,000
+47.4%
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 Lakeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeland 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%
$750,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$580,000
Current use
AUTO REPAIR, GARAGE
$990,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$980,000
Change: +69% · Conversion: Easy
OFFICE BUILDING
$860,000
Change: +47% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$735,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±10%
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
$14,250
Tax year 2023
Assessed value
$1,080,076
Assessed 2023
Previous assessed
$1,075,615
+0.4% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,010,610
Assessed improvement
$69,466
Land market value
$1,010,610
Improvement market value
$69,466
Total market value
$1,080,076
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
4,000 SF
Lot
153.82 ac (6,700,399 SF)
APN
242812000000032010
UPID
US18-3752923
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
COMMERCIAL (GENERAL) Current
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$990,000
MEDICAL BUILDING
Est. value
$980,000
OFFICE BUILDING
Est. value
$860,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$735,000
RETAIL STORES
Est. value
$695,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1987
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
153.82 ac
Current owner
From public records · entity-resolved
Osprey Links LLC
Entity
Free & Clear · 15 yrs held
Mailing address
12629 NEW BRITTANY BLVD #16, FORT MYERS, FL 33907-3631
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2011
—
Osprey Links LLC
Central Fl Satellite Tv Co
Quit Claim Deed
related
—
Jun 16, 2011
$2,300,000
Osprey Links Golf Course LLC
Schalamar Creek Golf Club 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.
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