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Property profile & analytics
OFF-MARKET
Estimated value
$28,730,000
Outlet malls
7270 Bridgewater Ctr Dr Lakeland, FL 33805-7686
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-8275348
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Total area
275,184 SF
Lot
16.31 ac (710,681 SF)
APN
242715161083000110
UPID
US18-8275348
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
-
Artificial Turf Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Novo Building Products Building Supply Industrial Manufacturer
-
XGS - Lakeland Trucking Company
-
The empire company Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.20M
Blend (final)
Blend
$28.73M
Owner & transaction history
Westcore Alpha Bridgewater LLC · 5 yrs held
Westcore Alpha Bridgewater LLC
since 2021
Last sale
$25.3M
5 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 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
$29,405,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$28.73M
Range $25.86M – $31.60M · ±10% · vs last sale $25.26M (Jan 11 2021)
Last sale anchor
$25.26M
Jan 11 2021
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
$104 / 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
$350,917
Tax year 2023
Assessed value
$22,272,389
Assessed 2023
Previous assessed
$22,272,389
+0.0% YoY
Effective rate
1.58%
On assessed value
Total market value
$22,272,389
Applied tax rate
91,510.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2016
Heating
NONE
Stories
1
Units
1
Total area
275,184 SF
Lot
16.31 ac (710,681 SF)
APN
242715161083000110
UPID
US18-8275348
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
2016
Heating
NONE
Stories
1
Units
1
Lot
16.31 ac
Current owner
From public records · entity-resolved
Westcore Alpha Bridgewater LLC
Entity
Mailing address
4350 LA JOLLA VLG DR STE #900, SAN DIEGO, CA 92122-1246
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
—
Westcore Alpha Bridge Water LLC
—
Deed
related
$11,350,000 · Wells Fargo Bank NA
Jan 21, 2021
—
Relp Ind Bridgewater LLC
—
Deed
related
$11,350,000 · Miscellaneous Ins Co
Jan 11, 2021
$25,264,500
Westcore Alpha Bridgewater LLC
Relp Ind Bridgewater LLC
Grant Deed
$11,350,000 · Miscellaneous Ins Co
Aug 24, 2018
—
Relp Ind Bridgewater LLC
—
Grant Deed
related
$11,350,000 · Miscellaneous Ins Co
—
—
Relp Ind Bridgewater LLC
—
Deed Of Trust
related
$11,350,000 · Miscellaneous Ins Co
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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