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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6980 Cypress Gdns Blvd Winter Haven, FL 33884-3525

    • Strip malls
    • 19,688 SF
    • 4.68 lot acres
    OFF-MARKET
    Value Estimations
    $3,100,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3139605
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 6980 Cypress Gdns Blvd

    Year built
    2005
    Lot size
    4.68 lot acres
    Property size
    19,688 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    272907000000032060
    APU
    272907000000032060

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,265,000
      6.5%
      $3,940,000
      7%
      $3,655,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,929,000
      Market price range: $1.36M - $1.93M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,610,000
      Current use
      AUTO REPAIR, GARAGE
      $4,190,000
      Change: +16% Conversion: Difficult
      RETAIL STORES
      $3,875,000
      Change: +7% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,590,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.6538
    Latitude
    27.9776
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $70,478
    $1,579,256
    $2,152,213
    $3,731,469
    -
    $1,579,256
    $2,152,213
    $3,731,469

    Comparable in this City

    • Value Estimation
      $1,460,000
      9,900 SF

      6290 Cypress Gdns Blvd

      SHOPPING CENTER, STRIP CENTER • 9,900 SF
      6290 Cypress Gdns Blvd, Winter Haven, FL 33884-3177
      View Details
    • Value Estimation
      $1,630,000
      11,000 SF

      6278 Cypress Gdns Blvd

      SHOPPING CENTER, STRIP CENTER • 11,000 SF
      6278 Cypress Gdns Blvd, Winter Haven, FL 33884-3177
      View Details
    • Value Estimation
      $2,130,000
      18,000 SF

      5999 Dundee Rd

      SHOPPING CENTER, STRIP CENTER • 18,000 SF
      5999 Dundee Rd, Winter Haven, FL 33884-1107
      View Details
    • Value Estimation
      $2,185,000
      13,314 SF

      5935 Cypress Gdns Blvd

      SHOPPING CENTER, STRIP CENTER • 13,314 SF
      5935 Cypress Gdns Blvd, Winter Haven, FL 33884-2246
      View Details
    • Value Estimation
      $1,705,000
      13,594 SF

      3080 Cypress Gdns Rd

      SHOPPING CENTER, STRIP CENTER • 13,594 SF
      3080 Cypress Gdns Rd, Winter Haven, FL 33884-2257
      View Details
    • Value Estimation
      $1,010,000
      6,800 SF

      6358 Cypress Gdns Blvd

      SHOPPING CENTER, STRIP CENTER • 6,800 SF
      6358 Cypress Gdns Blvd, Winter Haven, FL 33884-3176
      View Details

    Similar Nearby for Sale

    • $2,300,000
      2,854 SF

      Winter Haven Retail and Service

      Established pool business with real estate in Winter Haven, Florida.
      6840 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details
    • $549,900
      1,210 SF

      Winter Haven Commercial Property For Sale

      Prime commercial property with high visibility and restaurant potential.
      3001 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details
    • Contact for pricing
      8.38 Acres

      Legoland Corridor Commercial Sites

      Prime Winter Haven Retail Land
      0 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details
    • $850,000
      5.33 Acres

      Prime Commercial Land Opportunity

      5.33-acre commercial land with high traffic exposure in Winter Haven.
      1101 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details
    • $1,299,000
      4,659 SF

      Prime Restaurant Property For Sale

      Well-known restaurant near Cypress Gardens Blvd and Legoland.
      3000 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details
    • $1,300,000
      1,800 SF

      Established Mixed-Use Commercial Property

      Commercial property with lounge/bar, residential building, parking, and garage.
      2995 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,536 SF

      Retail Space Near Supercenter

      Retail space ideal for wellness, beauty, health, or office uses.
      7450 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details
    • $16 SF/Yr
      29,298 SF

      Retail, Office & Medical Space

      Class A space in Winter Haven's growing commercial corridor.
      5535 Cypress Gardens Blvd, Winter Haven, FL 33884
      View Details
    • $22,020

      Winter Haven Office Space Available

      2,200 SF office space in desirable Winter Haven.
      3601 Cypress Gardens Rd, Winter Haven, FL 33884
      View Details
    • $43,200

      Medical Office Space Available

      Spacious medical office with buildout including exam rooms and X-ray.
      5999 Dundee Rd, Winter Haven, FL 33884
      View Details
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    Winter Haven, FL 33884-3525
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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