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Property profile & analytics
FOR LEASE
Investment properties
5535 Cypress Gardens Blvd Winter Haven, FL 33884
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-2799974
For Lease
1 / 4
$16 SF/Yr
5535 Cypress Gardens Blvd, Winter Haven, FL 33884
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Total area
35,434 SF
Lot
2.31 ac (100,406 SF)
APN
262835662934000010
UPID
US18-2799974
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
$6.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.59M
Owner & transaction history
Kk Real Estate I LLC · 11 yrs held
Kk Real Estate I LLC
since 2015
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 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%
$6,650,000
6.5%
$6,140,000
7%
$5,700,000
Blend value · Realmo final
$6.59M
Range $5.93M – $7.24M · ±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
$186 / 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
$50,220
Tax year 2023
Assessed value
$2,607,934
Assessed 2023
Previous assessed
$2,700,879
-3.4% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,154,026
Assessed improvement
$1,453,908
Land market value
$1,154,026
Improvement market value
$1,453,908
Total market value
$2,607,934
Applied tax rate
92,410.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2007
Heating
NONE
Stories
2
Units
1
Total area
35,434 SF
Lot
2.31 ac (100,406 SF)
APN
262835662934000010
UPID
US18-2799974
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
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
2
Units
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
Kk Real Estate I LLC
Entity
Free & Clear · 11 yrs held
Mailing address
110 WYNDHAM DR, WINTER HAVEN, FL 33884-4123
Ownership since
2015
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
Jun 29, 2015
—
Kk Real Estate I LLC
Kk Real Estate LLC
Quit Claim Deed
related
—
Nov 27, 2012
$2,300,000
Kk Real Estate LLC
First Sthrn Bk
Grant Deed
—
Jul 3, 2012
—
Sthrn Bk First
Cypress Hill LLC Coc
Trustees Deed
related
—
Jun 11, 2009
—
Polk County
Cypress Hill LLC
Warranty Deed
related
—
Aug 9, 2007
—
State Of Florida Dept/transportat
Cypress Hill LLC
Warranty Deed
related
—
Apr 1, 2004
$1,250,000
Cypress Hill LLC
Florida Firstbank
Grant Deed
$1,275,000 · First Commercial
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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