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    Property profile & analytics

    7000 Shimmering Dr Lakeland, FL 33813-3319

    • Drive through restaurants
    • 3,334 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $920,000
    Location Intelligence
    Property ID
    US18-4109044
    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

    • Burger King / Fast Food Restaurant / Restaurant

    Property Details for 7000 Shimmering Dr

    Year built
    1986
    Lot size
    0.86 lot acres
    Property size
    3,334 SF
    Property type
    Drive through restaurants
    APN
    232926000000011050
    APU
    232926000000011050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9734
    Latitude
    27.9382
    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
    $11,505
    $430,181
    $347,564
    $777,745
    -
    $430,181
    $347,564
    $777,745

    Comparable in this City

    • Value Estimation by Request
      4,900 SF

      625 County Rd 540a

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,900 SF
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    • Value Estimation
      $230,000
      400 SF

      4525 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 400 SF
      4525 Florida Ave, Lakeland, FL 33813-2184
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    • Value Estimation by Request
      4,392 SF

      4714 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,392 SF
      4714 Florida Ave, Lakeland, FL 33813-2165
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    • Value Estimation
      $2,760,000
      2,454 SF

      3929 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,454 SF
      3929 Florida Ave, Lakeland, FL 33813-1117
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    • Value Estimation by Request
      3,332 SF

      4046 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,332 SF
      4046 Florida Ave, Lakeland, FL 33813-1622
      View Details
    • Value Estimation
      $440,000
      2,300 SF

      4720 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,300 SF
      4720 Florida Ave, Lakeland, FL 33813-2165
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      10.6k
    • Avg Time on site
      11 min
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    7000 Shimmering Dr
    Lakeland, FL 33813-3319
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    Realmo Value Estimation

    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.

    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.

    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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