Realmo Analytics

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Financial
Distress signals
Property profile

1130 State Road 60 W Lake Wales, FL 33853

FOR SALE
Retail space
Property ID
US18-4071188
2,118 SF 0.14 ac lot Built 1963
Last sale Jan 2022 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$784
Tax billed · 2023
Assessed value$34k
Assessed land$100
Assessed improvement$34k
Effective rate2.32%

Value estimate

· Oct 2026
$95k
$86k – $105k
AI approach$80k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 7.91% cap applied$20k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$50 – $103
Qualifying comparables14

Cap rate analysis

How does the asset earn?
7.91%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The purpose of C-3 zone is designed to permit the development of commercial areas in groupings on major highways and to allow medium and ...
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 Office10.5
Realty agency10.5
Wholesale Shop10.0

Location

1130 State Road 60 W Lake Wales, FL 33853
County assessor Recorded deeds · 3 transfers 14 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
111 Central, Lake Wales, FL 33853-4105 $250,000 Oct 2024 1,760 SF
207 Park, Lake Wales, FL 33853-3705 $282,700 Aug 2024 2,548 SF
111 Orange, Lake Wales, FL 33853-4175 $125,000 May 2024 2,520 SF
216 Bullard, Lake Wales, FL 33853-3741 $170,000 Apr 2024 2,100 SF
214 Domaris, Lake Wales, FL 33853-4607 $250,000 Nov 2023 2,508 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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