Financial
Distress signals
Property profile

1204 Carlton Ave Lake Wales, FL 33853

FOR SALE
Medical Office Space
Property ID
US18-1345023
2,780 SF 0.35 ac lot Built 1953
Last sale Apr 2026 · $1,100,000
Trust Owned Owner of record is a trust. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 1204 Carlton Ave, Lake Wales, Florida is a medical center building totaling 2,732 square feet that was constructed in 1953 and has been used as an urgent care facility. It is situated adjacent to AdventHealth Lake Wales Medical Center, placing it within close proximity to an established hospital campus. The building is configured for medical use and has been operated under an absolute NNN-style structure that allocates maintenance, taxes, insurance, and capital expenditures to the tenant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$333k
Assessed land$68k
Assessed improvement$265k
Effective rate1.54%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$309/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$170 – $520

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.6
Hair Salon11.2
Law Firm11.1

Location

1204 Carlton Ave Lake Wales, FL 33853
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1 Doctors, Lake Wales, FL 33853-4956 $600,000 Jan 2025 5,081 SF
1109 Bryn Mawr, Lake Wales, FL 33853-4333 $675,000 Apr 2024 2,898 SF
302 Central, Lake Wales, FL 33853-4016 $880,000 Dec 2023 4,970 SF
490 4th S, Lake Wales, FL 33853-3805 $193,000 Dec 2023 1,742 SF
225 Lincoln, Lake Wales, FL 33853-3546 $225,000 Apr 2022 3,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message