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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Golf courses & driving ranges
929 Lk Hollingsworth Dr Lakeland, FL 33803-3140
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3546835
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
2019
Total area
20,904 SF
Lot
3.68 ac (160,257 SF)
Zoning code
RA-1
APN
242830254800070001
UPID
US18-3546835
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
-
Performance Edge FW LLC Gym & Fitness Center
-
Lakeland Country Club Bar & Pub Golf Course
-
Lakeland Country Club Tennis Courts Sports Field & Court Sports School
-
Lakeland Country Club Swimming Pool Swimming Pool Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Lakeland Yacht & Cc INC · 5 yrs held
Lakeland Yacht & Cc INC
since 2020
5 recorded transactions
Zoning & alternative use
RA-1 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.6M
+116.7%
Office building
$3.1M
+87.7%
Commercial (general)
$2.2M
+34.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,645,000
Current use
INDUSTRIAL (GENERAL)
$3,565,000
Change: +117% · Conversion: Difficult
OFFICE BUILDING
$3,085,000
Change: +88% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,210,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$2,205,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,985,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$1,640,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±10%
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
$100,587
Tax year 2023
Assessed value
$5,542,693
Assessed 2023
Previous assessed
$5,103,937
+8.6% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,201,793
Assessed improvement
$4,340,900
Land market value
$1,201,793
Improvement market value
$4,340,900
Total market value
$5,542,693
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
20,904 SF
Lot
3.68 ac (160,257 SF)
Zoning code
RA-1
APN
242830254800070001
UPID
US18-3546835
Jurisdiction
POLK
Zoning & alternative use
RA-1 · Lakeland, FL
Zoning RA-1 · permitted uses
RA-1 · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2019
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
3.68 ac
Current owner
From public records · entity-resolved
Lakeland Yacht & Cc INC
Entity
Mailing address
PO BOX 91899, LAKELAND, FL 33804-1899
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2020
—
Lakeland Yacht & Cc INC
—
Deed
related
$208,735 · Centerstate Bk NA
Aug 23, 2018
—
Lakeland Yacht & Cc INC
—
Deed
related
$500,000 · Lcc Lender LLC
Oct 30, 2017
—
Lakeland Yacht & Cc INC
—
Trustees Deed
related
$300,000 · Centerstate Bk NA
—
—
Lakeland Yacht & Cc INC
—
Deed Of Trust
related
$500,000 · Lcc Lender LLC
—
—
Lakeland Yacht & Cc INC
—
Deed Of Trust
related
$208,735 · Centerstate Bk NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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