Property profile

122 Tillman Ave Lake Wales, FL 33853

OFF-MARKET
Office buildings
Property ID
US18-4573564
5,568 SF 0.52 ac lot Built 1980
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 5,568 SF
Lot 0.52 ac (22,534 SF)
Zoning code C2R3
APN 273001883000039050
UPID US18-4573564

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Property Management Company
  • Geriatric Care Provider Nursing Home

Location

122 Tillman Ave Lake Wales, FL 33853-4130
Lake Wales metro Census 15500 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$931k
Blend (final) Blend
$440k

Owner & transaction history

since 2015
Last sale
$775,000
4 recorded transactions
2015
Price N/A
2014
$385,000
2004
$322,900
1969
Price N/A

Zoning & alternative use

C2R3 · Lake Wales, FL
Top alternative use upside
Auto repair, garage $1.4M +46.8%
Neighborhood: shopping center $1.0M +10.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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