Financial
Distress signals
Property profile

118 Park Ave Lake Wales, FL 33853

OFF-MARKET
Retail space
Property ID
US18-4734119
1,620 SF 0.04 ac lot Built 1956
Last sale Nov 2023 · $118,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$1k
Tax billed · 2023
Assessed value$59k
Assessed land$21k
Assessed improvement$37k
Effective rate2.11%

Value estimate

· Sep 2026
$120k
$108k – $132k
AI approach$140k

Realmo valuation models over county records and 11 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 comparables11

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-1
The purpose of C-1 zone designed to encourage and facilitate a mix of residential uses and commercial activities in compact, pedestrian o...
General categoryCOMMERCIAL
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 Shop13.3
Storage Facility10.1
Pharmacy9.8

Location

118 Park Ave Lake Wales, FL 33853-4124
County assessor Recorded deeds · 2 transfers 11 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
343 Central, Lake Wales, FL 33853-4059 $49,000 Mar 2025 1,280 SF
111 Central, Lake Wales, FL 33853-4105 $250,000 Oct 2024 1,760 SF
37 Central, Lake Wales, FL 33853-4113 $210,000 Mar 2023 1,650 SF
201 1st, Lake Wales, FL 33853-4134 $49,900 Dec 2022 1,442 SF
218 Lincoln, Lake Wales, FL 33853-3522 $82,500 May 2022 1,890 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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