Property profile

15520 Hwy 27 Lake Wales, FL 33859

OFF-MARKET
Retail space
Property ID
US18-3993450
3,040 SF 0.91 ac lot Built 1987
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 3,040 SF
Lot 0.91 ac (39,561 SF)
Zoning code C-3
APN 273026927200000190
UPID US18-3993450

Cap rate & NOI

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

Location

15520 Hwy 27 Lake Wales, FL 33859-2532
Lake Wales metro Census 14402 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2005
2 recorded transactions
2005
$350,000
1969
Price N/A

Zoning & alternative use

C-3 · Lake Wales, FL
Zoning description

The purpose of C-3 zone is designed to permit the development of commercial areas in groupings on major highways and to allow medium and large-scale commercial establishments and a full range of commercial and profession…

General category COMMERCIAL

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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