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Property profile & analytics
OFF-MARKET
Estimated value
$4,440,000
Strip malls
6595 Florida Ave Lakeland, FL 33813-3316
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-3109389
Property summary
AI-generated overview
This exceptional retail opportunity presents three available spaces within the Christina Commons Retail Center, a single-story, Class B building totaling 9,967 square feet, constructed in 2008. Located at 6595 Florida Ave S, Lakeland, FL 33813, this property sits on a 2.37-acre lot in a high-traffic area along South Florida Avenue (SR 37), a premier commercial corridor in affluent South Lakeland. The center offers ample parking for customer convenience. Individual units range from a minimum of 1,257 square feet to a maximum contiguous space of 3,600 square feet, each featuring its own restroom. The property is zoned LLC and boasts excellent access. Situated within the Lakeland-Winter Haven MSA, this location benefits from its proximity to both Tampa and Orlando, placing it strategically within the I-4 Corridor. The property's APN is 232923141799000000. Most uses are accepted subject to credit approval. This is an ideal location for businesses seeking high visibility and convenient access in a thriving commercial area.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
21,864 SF
Lot
2.37 ac (103,194 SF)
APN
232923141799000030
UPID
US18-3109389
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
-
Michael Masih-Das: Allstate Insurance Insurance Agency
-
Felisa Torres Guadalupe-Vivid Studio Salon Hair Salon
-
Show Piano Performing Arts Studio Training Center
-
Greenbrook TMS Neurohealth Centers Crisis Center Medical Clinic
-
Premier Solutions Weight Loss Service Facial Spa
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.83M
CAP Approach
CAP
$4.38M
Comparable Approach
Comparable
$5.70M
Blend (final)
Blend
$4.44M
Owner & transaction history
Daytona Shores Hotels And Resorts L · 3 yrs held
Daytona Shores Hotels And Resorts L
since 2023
Last sale
$4.1M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+41.0%
Auto repair, garage
$5.4M
+35.0%
Medical building
$5.4M
+34.0%
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
$4,890,000
ML approach
$4,830,000
CAP Approach
CAP Return
Estimation
6%
$4,740,000
6.5%
$4,375,000
7%
$4,060,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,005,000
Current use
COMMERCIAL (GENERAL)
$5,650,000
Change: +41% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,410,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$5,370,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$4,065,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$3,600,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$4.44M
Range $4.00M – $4.88M · ±10% · vs last sale $4.05M (Jul 5 2023)
Last sale anchor
$4.05M
Jul 5 2023
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
$203 / 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
$45,038
Tax year 2023
Assessed value
$2,657,246
Assessed 2023
Previous assessed
$2,589,523
+2.6% YoY
Effective rate
1.69%
On assessed value
Assessed land
$516,010
Assessed improvement
$2,141,236
Land market value
$516,010
Improvement market value
$2,141,236
Total market value
$2,657,246
Applied tax rate
91,000.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
1
Total area
21,864 SF
Lot
2.37 ac (103,194 SF)
APN
232923141799000030
UPID
US18-3109389
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.4M
RETAIL STORES
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
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
Lot
2.37 ac
Current owner
From public records · entity-resolved
Daytona Shores Hotels And Resorts L
Individual
Free & Clear · 3 yrs held
Mailing address
1805 VIA LAGO DR, LAKELAND, FL 33810-2418
Ownership since
2023
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
Jul 5, 2023
$4,050,000
Daytona Shores Hotels And Resorts L
Christina Commons LLC
Special Warranty Deed
—
Jul 14, 2006
$770,000
Christina Commons LLC
Scharar Tom E
Warranty Deed
—
—
—
Christina Commons LLC
—
Deed Of Trust
related
$385,000 · Suntrust Bank NA
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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