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Property profile & analytics
FOR SALE
Office buildings
513 Ariana Ave Auburndale, FL 33823
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-1913541
For Sale
1 / 48
$2,850,000
513 Ariana Ave, Auburndale, FL 33823
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
1,800 SF
Lot
1.17 ac (50,835 SF)
Zoning code
RS-3
APN
252811336500023160
UPID
US18-1913541
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Garrard Commercial Props LLC · 10 yrs held
Garrard Commercial Props LLC
since 2016
7 recorded transactions
Zoning & alternative use
RS-3 · Auburndale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
arage which contains a minimum of 220 sq. ft. 5.6.3.13.2. The minimum square footage requirement does not include the garage. It also excludes any utility room which is separated from the building. LDR5 - 60 Sec. 5.6.4. RS-3 SINGLE FAMILY RESIDENTIAL. 5.6.4.1. STATEMENT OF INTENT. This district, designated as RS -3, is intended to include land developed for…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
247.05 ac
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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,888
Tax year 2023
Assessed value
$480,277
Assessed 2023
Previous assessed
$496,465
-3.3% YoY
Effective rate
1.23%
On assessed value
Assessed land
$127,113
Assessed improvement
$353,164
Land market value
$127,113
Improvement market value
$353,164
Total market value
$480,277
Applied tax rate
90,330.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2005
Heating
NONE
Buildings
4
Stories
1
Units
1
Total area
1,800 SF
Lot
1.17 ac (50,835 SF)
Zoning code
RS-3
APN
252811336500023160
UPID
US18-1913541
Jurisdiction
POLK
Zoning & alternative use
RS-3 · Auburndale, FLZoning RS-3 · permitted uses
RS-3 · Auburndale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
arage which contains a minimum of 220 sq. ft. 5.6.3.13.2. The minimum square footage requirement does not include the garage. It also excludes any utility room which is separated from the building. LDR5 - 60 Sec. 5.6.4. RS-3 SINGLE FAMILY RESIDENTIAL. 5.6.4.1. STATEMENT OF INTENT. This district, designated as RS -3, is intended to include land developed for low to medium density single-family detached residences and vacant or partially deve
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
247.05 ac
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Buildings
4
Units
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Garrard Commercial Props LLC
Entity
Mailing address
5578 COMMERCIAL BLVD, WINTER HAVEN, FL 33880-1008
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2016
$450,000
Garrard Commercial Props LLC
Wilson,james R & Georgia A
Warranty Deed
$346,500 · Wauchula St Bk
Mar 8, 2011
$300,000
James R Wilson
Suntrust Bank INC
Grant Deed
$225,000 · Centerstate Bank Of Florida
Jul 7, 2010
—
Suntrust Bk
New Way Auto INC Coc
Trustees Deed
related
—
Nov 30, 2004
$170,000
New Way Auto INC
Salazar Carlos E Trust
Warranty Deed
$136,000 · Suntrust Bank NA
—
—
Wilson James R
—
Deed Of Trust
related
$100,000 · Centerstate Bank Of Florida
—
—
New Way Auto INC
—
Deed Of Trust
related
$393,000 · Suntrust Bank NA
—
—
New Way Auto INC
—
Deed Of Trust
related
$54,500 · Suntrust Bank NA
—
—
James R Wilson
—
Deed Of Trust
related
$100,000 · Centerstate Bank Of Florida
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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