Financial
Distress signals
Property profile

1 Lk Morton Dr Lakeland, FL 33801

OFF-MARKET
Office buildings
Property ID
US18-3968431
39,560 SF 1.75 ac lot Built 1994
Last sale Oct 2025 · $750,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a centrally positioned office building in Lakeland, Florida, containing approximately 9,000 square feet of office space on the third floor. The third-floor area is divided into three suites—301, 302, and 303—each with approximately 2,500 square feet of versatile office space suitable for interior customization. The overall site is 1.75 acres, and the building footprint is 36,592 square feet. The office space is zoned C-6 (Downtown Commercial District) and is located in the Lake Morton area near the entrance to Downtown Lakeland, with views of Lake Morton.

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?
$78k
Tax billed · 2023
Assessed value$3.86M
Assessed land$876k
Assessed improvement$2.98M
Effective rate2.02%

Value estimate

· Sep 2026
$6.25M
$5.63M – $6.88M
AI approach$6.25M
CAP approach$7.98M
Submarket $/SF estimate$7.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$215/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$117 – $331

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?
C-6
ompatibility review for a Comprehensive Sign Plan (SGN) Flat Rate $100 Compatibility review for a special Building Type (SBT) Flat Rate $...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.3
Auto Parts Store15.3
Storage Facility15.2

Location

1 Lk Morton Dr Lakeland, FL 33801-5359
County assessor Recorded deeds · 3 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
825 Main, Lakeland, FL 33801-5151 $1,530,000 Jul 2025 5,868 SF
109 Kentucky, Lakeland, FL 33801-5057 $2,800,000 May 2025 22,080 SF
2622 Longhorn, Lakeland, FL 33801-6481 $1,000,000 Dec 2024 5,775 SF
618 Massachusetts, Lakeland, FL 33801-1745 $590,600 Jul 2024 5,180 SF
714 Massachusetts, Lakeland, FL 33801-1746 $850,000 Jul 2024 5,400 SF
1328 Gary, Lakeland, FL 33801-2142 $120,000 Jun 2024 5,035 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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