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Property profile & analytics
OFF-MARKET
Estimated value
$190,000
Auto shops
139 Orange Ave Lake Wales, FL 33853-4175
Individually Owned
~
Est. High Equity
Property ID
US18-6075237
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1947
Total area
1,305 SF
Lot
0.06 ac (2,701 SF)
Zoning code
C-1
APN
273001883000023170
UPID
US18-6075237
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
Current use
Occupant on record · Public records
-
Classick Customz Auto Restoration Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$190k
Owner & transaction history
Odofrewil Lagomarcinis
Odofrewil Lagomarcinis
since 2025
4 recorded transactions
Zoning & alternative use
C-1 · Lake Wales, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1 zone designed to encourage and facilitate a mix of residential uses and commercial activities in compact, pedestrian oriented, central business districts with a variety of traditional downtown uses such as small retail stores, offices, restaurants, hotels, and apartments
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
61.65 ac
Source
Realmo
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 Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Wales 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$190k
Range $171k – $209k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
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
$758
Tax year 2023
Assessed value
$35,011
Assessed 2023
Previous assessed
$33,634
+4.1% YoY
Effective rate
2.17%
On assessed value
Assessed land
$14,310
Assessed improvement
$20,701
Land market value
$14,310
Improvement market value
$20,701
Total market value
$35,011
Applied tax rate
90,320.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1947
Heating
NONE
Stories
1
Units
1
Total area
1,305 SF
Lot
0.06 ac (2,701 SF)
Zoning code
C-1
APN
273001883000023170
UPID
US18-6075237
Jurisdiction
POLK
Zoning & alternative use
C-1 · Lake Wales, FLZoning C-1 · permitted uses
C-1 · Lake Wales, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1 zone designed to encourage and facilitate a mix of residential uses and commercial activities in compact, pedestrian oriented, central business districts with a variety of traditional downtown uses such as small retail stores, offices, restaurants, hotels, and apartments
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
61.65 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Stories
1
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Odofrewil Lagomarcinis
Individual
Mailing address
345 S ROCHELLE AVE, LAKE ALFRED, FL 33850-2926
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2025
$160,000
Odofrewil Lagomarcinis
Theodore C Walker
Warranty Deed
$140,000 · Theodore Walker
Apr 15, 2019
$50,000
Theodore C Walker
Stateler,evia L B
Warranty Deed
—
Feb 9, 2009
—
Daniel V Stateler
Haxton,jerry S Coc
Trustees Deed
related
—
Oct 28, 2008
—
Daniel V Slatelu
Haxton,jerry S & Elizabeth Coc
Trustees Deed
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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