Financial
Distress signals
Property profile

242 Scenic Hwy Lake Wales, FL 33853

OFF-MARKET
Auto shops
Property ID
US18-5617179
11,464 SF 0.68 ac lot Built 1954
Last sale Mar 2026 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Lake Wales, Florida, this commercial property sits on a 0.6781-acre parcel and includes an approximately 10,117-square-foot commercial building that was formerly used as a Firestone building. The property is zoned C-2 and provides access from the west, east, and south, with frontage/positioning on S Scenic Highway.

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?
$4k
Tax billed · 2023
Assessed value$169k
Assessed land$62k
Assessed improvement$107k
Effective rate2.35%

Value estimate

· Sep 2026
$155k
$140k – $171k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
County average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$88 – $438

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

What can be built here?
C2R3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.2
Realty agency12.3
Auto Parts Store11.6

Location

242 Scenic Hwy Lake Wales, FL 33853-3836
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19254 Hwy 27, Lake Wales, FL 33853-2451 $400,000 Dec 2024 No data
323 Scenic, Lake Wales, FL 33853-3724 $400,000 Dec 2022 2,284 SF
326 Scenic, Lake Wales, FL 33853-3837 $375,000 Sep 2021 1,110 SF
20600 Hwy 27, Lake Wales, FL 33853-2435 $170,000 Mar 2021 420 SF
139 Orange, Lake Wales, FL 33853-4175 $50,000 Apr 2019 1,305 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
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