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Property profile & analytics
OFF-MARKET
Estimated value
$20,080,000
Outlet malls
500 Eagles Lndg Dr Lakeland, FL 33810-2899
Entity Owned
18-yr Hold
Free & Clear
Property ID
US18-5526267
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2008
Total area
155,716 SF
Lot
55.85 ac (2,433,000 SF)
APN
232818000000043010
UPID
US18-5526267
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
-
HealthDyne Corporate Office
-
WellDyne Specialty Pharmacy Pharmacy
-
Sarah Martinez Pharmacy
-
PlanetRx (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$27.02M
Blend (final)
Blend
$20.08M
Owner & transaction history
Polk County · 18 yrs held
Polk County
since 2007
6 recorded transactions
Zoning & alternative use
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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$28,965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$28,540,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$20.08M
Range $18.07M – $22.09M · ±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
$129 / 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
$216,995
Tax year 2023
Assessed value
$13,464,764
Assessed 2023
Previous assessed
$13,463,233
+0.0% YoY
Effective rate
1.61%
On assessed value
Land market value
$1,058,236
Improvement market value
$13,456,619
Total market value
$14,514,855
Applied tax rate
91,510.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
155,716 SF
Lot
55.85 ac (2,433,000 SF)
APN
232818000000043010
UPID
US18-5526267
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
RETAIL STORES Current
Est. value
$29.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$28.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
55.85 ac
Current owner
From public records · entity-resolved
Polk County
Entity
Free & Clear · 18 yrs held
Mailing address
PO BOX 230, HENRIETTA, NY 14467-0230
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2012
—
5225 Fl LLC
—
Trustees Deed
related
$7,100,000 · M & T Bank
Nov 6, 2007
—
Polk County
5225 Florida LLC
Warranty Deed
related
—
Jul 26, 2005
$1,800,000
5225 Florida LLC
Dgb Properties INC
Warranty Deed
—
Dec 2, 2003
$801,700
Dgb Properties INC
Silas,randy M Est
Grant Deed
—
—
—
Andrew S Gutentag
—
Deed Of Trust
related
$60,000 · Washington Mutual Fsb
—
—
Maloy V Silas Estate
—
Deed Of Trust
related
$400,000 · Hillsboro Bank
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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