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Property profile & analytics
OFF-MARKET
Parking lots & garages
1196 County Rd 621st E Lake Placid, FL 33852
Trust Owned
Free & Clear
Property ID
US18-5045818
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.27 ac (11,550 SF)
Zoning code
B3
APN
C-20-36-30-020-0180-0050
UPID
US18-5045818
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mielke Revocable Living Trust
Mielke Revocable Living Trust
since 2025
6 recorded transactions
Zoning & alternative use
B3 · Lake Placid, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Placid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Placid submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$464
Tax year 2023
Assessed value
$36,988
Assessed 2023
Previous assessed
$25,319
+46.1% YoY
Effective rate
1.25%
On assessed value
Assessed land
$23,100
Assessed improvement
$13,888
Land market value
$23,100
Improvement market value
$13,888
Total market value
$36,988
Applied tax rate
40.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.27 ac (11,550 SF)
Zoning code
B3
APN
C-20-36-30-020-0180-0050
UPID
US18-5045818
Jurisdiction
HIGHLANDS
Zoning & alternative use
B3 · Lake Placid, FLZoning B3 · permitted uses
B3 · Lake Placid, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Building & site characteristics
From public records
Heating
NONE
Lot
0.27 ac
Current owner
From public records · entity-resolved
Mielke Revocable Living Trust
Trust
Free & Clear · 0 yrs held
Mailing address
2078 US 27TH N, LAKE PLACID, FL 33852-6266
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
—
Mielke Revocable Living Trust
Robert C Mielke
Deed
related
—
Jul 2, 2019
—
Robert C Mielke
—
Deed
related
—
Jun 30, 2014
—
Robert C Mielke
Mielke,robert C & Laura W
Quit Claim Deed
related
—
Dec 11, 2013
—
Mielke Living Trust
Mielke,robert C & Laura W
Quit Claim Deed
related
—
May 5, 2000
$4,400
Robert Mielke
Mcshan Beatty,mary L
Grant Deed
—
—
—
Robert C Mielke
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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