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Property profile & analytics
OFF-MARKET
Commercial real estate
149 Bay S Blvd Lake Wales, FL 33859-8137
Entity Owned
~
Est. High Equity
Property ID
US18-4906852
Property profile
Verified
Property type
Commercial real estate
Use group
MOBILE COMMERCIAL UNITS
Year built
1980
Total area
860 SF
Lot
0.9 ac (39,309 SF)
Zoning code
R-3
APN
273004912000006010
UPID
US18-4906852
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
-
Brooker Septic Services Inc Plumbing Service
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
Brooker Septic Service INC
Brooker Septic Service INC
2 recorded transactions
Zoning & alternative use
R-3 · Lake Wales, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
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
$957
Tax year 2023
Assessed value
$50,197
Assessed 2023
Previous assessed
$52,704
-4.8% YoY
Effective rate
1.91%
On assessed value
Assessed land
$31,447
Assessed improvement
$18,750
Land market value
$31,447
Improvement market value
$18,750
Total market value
$50,197
Applied tax rate
90,000.0000
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
Commercial real estate
Use group
MOBILE COMMERCIAL UNITS
Status
Off-Market
Year built
1980
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
860 SF
Lot
0.9 ac (39,309 SF)
Zoning code
R-3
APN
273004912000006010
UPID
US18-4906852
Jurisdiction
POLK
Zoning & alternative use
R-3 · Lake Wales, FL
Zoning R-3 · permitted uses
R-3 · Lake Wales, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Wales. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Brooker Septic Service INC
Entity
Mailing address
149 E BAY BLVD S, LAKE WALES, FL 33859-8137
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Brooker Septic Service INC
—
Deed Of Trust
related
$30,000 · Citizens Bank & Trust Co
—
—
Brooker Septic Service INC
—
Deed Of Trust
related
$26,000 · Wachovia Bank NA
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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