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Property profile

12 Grv Ave Lake Wales, FL 33853

OFF-MARKET
Assisted living facilities
Property ID
US18-4654070
31,672 SF 2.76 ac lot Built 1998
Last sale Oct 2022 · $7,029,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a thriving 51-bed Assisted Living Facility (ALF) in the desirable Lake Wales, Florida market. Located at 12 E Grove Ave, Polk County, FL 33853 (27.889888, -81.5879536), this turnkey operation includes the real estate, established business, all necessary licenses, and a backup generator. Currently operating at a 65% occupancy rate, the facility boasts a 5.4% capitalization rate, demonstrating strong existing performance. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value$3.02M
Assessed land$270k
Assessed improvement$2.75M
Effective rate2.03%

Value estimate

· Oct 2026
$8.02M
$7.21M – $8.82M
AI approach$8.28M
Submarket $/SF estimate$4.56M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.9
Locksmith8.7
Catering Service8.3

Location

12 Grv Ave Lake Wales, FL 33853-4760
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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
730 Scenic, Lake Wales, FL 33853-3208 $4,620,100 Jun 2019 31,417 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
4 properties of the same type nearby
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