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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Specialty properties
7433 Us Hwy 98th N Lakeland, FL 33809-2140
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4566173
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1988
Total area
3,162 SF
Lot
0.62 ac (27,003 SF)
Zoning code
C-3
APN
232713000931000970
UPID
US18-4566173
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
-
Kecia Howell Physician
-
New Life Veterinary Hospital Veterinary Clinic
-
Polk County Animal Hospital: Mcnutt Charity DVM Veterinary Clinic
-
Young Christa DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
7433 Us Hwy 98 LLC · 6 yrs held
7433 Us Hwy 98 LLC
since 2020
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
C-3 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$745,000
+104.8%
Commercial (general)
$710,000
+95.5%
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
$935,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$745,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$710,000
Change: +96% · Conversion: Difficult
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $800k (Jul 13 2020)
Last sale anchor
$800k
Jul 13 2020
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
$272 / 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
$6,787
Tax year 2023
Assessed value
$447,724
Assessed 2023
Previous assessed
$447,724
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$80,715
Assessed improvement
$367,009
Land market value
$80,715
Improvement market value
$367,009
Total market value
$447,724
Applied tax rate
90,000.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Units
1
Total area
3,162 SF
Lot
0.62 ac (27,003 SF)
Zoning code
C-3
APN
232713000931000970
UPID
US18-4566173
Jurisdiction
POLK
Zoning & alternative use
C-3 · Lakeland, FL
Zoning C-3 · permitted uses
C-3 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$710,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1988
Heating
NONE
Stories
1
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
7433 Us Hwy 98 LLC
Entity
Mailing address
4725 LEWELLYN RD, LAKELAND, FL 33810-0710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 6, 2022
—
Insppire Veterinary Alliance LLC
—
Deed
related
$1,350,000 · Live Oak Banking Company
Jul 13, 2020
$600,000
7433 Us Hwy 98 LLC
Stephen D Horowitz
Grant Deed
$345,000 · Td Bk NA
—
—
Stephen A Horowitz
—
Deed Of Trust
related
$120,000 · Citizens Bank & Trust 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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