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    Property profile & analytics

    8103 Lk Wilson Rd Davenport, FL 33896-9727

    • Grocery and convenience stores
    • 13,139 SF
    • 1.98 lot acres
    OFF-MARKET
    Value Estimations
    $2,165,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8225310
    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

    • Wawa / Restaurant / Take-out & Catering
    • Amazon Locker - Mohamed-Amine / Courier Service / Postal Service
    • Tesla Supercharger / Electric Vehicle Charging Station

    Property Details for 8103 Lk Wilson Rd

    Year built
    2018
    Lot size
    1.98 lot acres
    Property size
    13,139 SF
    Property type
    Grocery and convenience stores
    APN
    272602000000033060
    APU
    272602000000033060

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,845,000
      6.5%
      $2,630,000
      7%
      $2,440,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,410,000
      Current use
      OFFICE BUILDING
      $3,240,000
      Change: +35% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,200,000
      Change: +33% Conversion: Difficult
      RETAIL STORES
      $2,040,000
      Change: -15% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,030,000
      Change: -16% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Polk
    State
    Florida
    Longitude
    -81.59
    Latitude
    28.259
    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
    $36,489
    $1,165,361
    $1,268,374
    $2,433,735
    -
    $1,165,361
    $1,268,374
    $2,433,735

    Comparable in this City

    • Value Estimation
      $535,000
      3,317 SF

      8201 Champions Gate Blvd

      CONVENIENCE STORE • 3,317 SF
      8201 Champions Gate Blvd, Champions Gate, FL 33896-8387
      View Details
    • Value Estimation
      $1,200,000
      6,127 SF

      8500 Champions Gate Blvd

      CONVENIENCE STORE • 6,127 SF
      8500 Champions Gate Blvd, Champions Gate, FL 33896-8404
      View Details
    • Value Estimation
      $1,300,000
      7,564 SF

      3141 Ronald Reagan Pkwy

      CONVENIENCE STORE • 7,564 SF
      3141 Ronald Reagan Pkwy, Davenport, FL 33896-5247
      View Details
    • Value Estimation by Request
      7,453 SF

      6305 Hwy 17-92

      Automotive properties • 7,453 SF
      6305 Hwy 17-92, Davenport, FL 33896
      View Details
    • Value Estimation
      $830,000
      4,880 SF

      6205 Lk Wilson Rd

      CONVENIENCE STORE • 4,880 SF
      6205 Lk Wilson Rd, Davenport, FL 33896-9607
      View Details
    • Value Estimation
      $1,440,000
      7,699 SF

      6023 Us Hwy 17th 92nd N

      CONVENIENCE STORE • 7,699 SF
      6023 Us Hwy 17th 92nd N, Davenport, FL 33896-9704
      View Details

    Similar Nearby for Sale

    • $1,995,000
      2.00 Acres

      Prime Commercial Land Opportunity

      2-acre commercial land on Orange Blossom Trail, Davenport, FL.
      6043 S Orange Blossom Trl, Davenport, FL 33896
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    • $4,750,000
      5,436 SF

      ChampionsGate Car Wash Opportunity

      Car wash facility with cafe and coffee shop on 0.98 acres.
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    • New
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      Prime Commercial Land Opportunity

      2-acre commercial land with high-demand uses in rapidly evolving corridor.
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    • $4,750,000

      ChampionsGate Car Wash Facility For Sale

      Car wash facility with cafe and coffee shop in ChampionsGate.
      1581 Berwick Dr, Davenport, FL 33896
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    • $1,745,000
      1.34 Acres

      Commercial Lot in Growing Area

      1.34 acre commercial lot in Davenport, Florida for sale.
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    • $1,550,000
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      Davenport Land: 5 Acres, $1.55M

      Prime Davenport land, 5+ acres, development potential.
      1371 Sullivan Rd, Davenport, FL 33896
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    Similar Nearby for Lease

    • Contact for pricing
      1,280 SF

      Retail Space Near Reunion Resort

      Retail space for lease near theme parks and golf resort.
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      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Golf Community

      Retail space available near Providence Golf & Country Club.
      6075-6107 Us Highway 17 92 N, Davenport, FL 33896
      View Details
    • Contact for pricing
      1,400 SF

      New Retail Space in Davenport

      Retail space for lease in a high-traffic Davenport location.
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    • Contact for pricing

      Prime Land Near ChampionsGate Resort

      1.88 AC parcel near Publix, I-4, and ChampionsGate.
      Osceola Polk Line Rd, Davenport, FL 33896
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    • Contact for pricing

      Land for Lease in Davenport

      Prime commercial land available for lease in Davenport, Florida.
      Cottonwood Cmns Us 27 & Cottonwood Rd, Davenport, FL 33896
      View Details
    • Contact for pricing
      2,512 SF

      Class A Office in ChampionsGate

      44,812± RSF office building near Omni Resort and I-4.
      8390 Champions Gate Blvd, Championsgate, FL 33896
      View Details
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    Davenport, FL 33896-9727
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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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