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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Parking lots & garages
Polk Ave Arcadia, FL 34266
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-7586279
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.12 ac (5,314 SF)
Zoning code
B-2
APN
25-37-24-0012-0030-0080
UPID
US18-7586279
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Nxk Investments LLC · 3 yrs held
Nxk Investments LLC
since 2023
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
B-2 · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 4.06.04.03. B-2, Central Business District. Future Land Use Classification: Business. The B-2, Central Business District (CBD), is intended to apply to the heart of the downtown business section which serves all portions of the city and the metropolitan area. The businesses and services of the CBD include many of those supplied in other types of busi…
Zone name
Central Business
General category
COMMERCIAL
Zone area
50.83 ac
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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$535,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $600k (May 15 2025)
Last sale anchor
$600k
May 15 2025
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
—
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
$501
Tax year 2023
Assessed value
$22,082
Assessed 2023
Previous assessed
$22,082
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$19,978
Assessed improvement
$2,104
Land market value
$19,978
Improvement market value
$2,104
Total market value
$22,082
Applied tax rate
1.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.12 ac (5,314 SF)
Zoning code
B-2
APN
25-37-24-0012-0030-0080
UPID
US18-7586279
Jurisdiction
DE SOTO
Zoning & alternative use
B-2 · Arcadia, FLZoning B-2 · permitted uses
B-2 · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 4.06.04.03. B-2, Central Business District. Future Land Use Classification: Business. The B-2, Central Business District (CBD), is intended to apply to the heart of the downtown business section which serves all portions of the city and the metropolitan area. The businesses and services of the CBD include many of those supplied in other types of business districts, and in addition thereto many services and facilities not available elsewhere. High land values, limitations of space and public convenience and welfare justify a greater intensity of use than in other business areas.
Zone name
Central Business
General category
COMMERCIAL
Zone area
50.83 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Nxk Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
10124 SW COUNTY RD 769, ARCADIA, FL 34269-8101
Ownership since
2023
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
Jul 6, 2023
$230,000
Nxk Investments LLC
Shirley Stewart
Warranty Deed
—
Mar 1, 2023
—
Shirley Stewart
Holly Incitti
Correction Deed
related
—
Jun 5, 2017
$92,000
B,bussey Trust
Brown,lucille B
Warranty Deed
—
Oct 6, 2004
$68,500
Lucille B Brown
Whittaker,edward B & Andrea F
Grant Deed
—
May 10, 2004
$68,500
Lucille B Brown
Whittaker,edward B & Andrea F
Grant Deed
$68,300 · First State Bank Arcadia
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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