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    Property profile & analytics

    1631 Edgewood Dr Lakeland, FL 33803-3312

    • Retail space
    • 2,090 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US18-3784696
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Swim 4 Life Drowning Prevention / Swimming Instructor
    • Deep Six Diver's Service Inc. / Dive Shop / Scuba Instructor

    Property Details for 1631 Edgewood Dr

    Year built
    1977
    Lot size
    0.32 lot acres
    Property size
    2,090 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    242832263000000032
    APU
    242832263000000032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $145,000
      7%
      $155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $135,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $145,000
      Mixed-Use
      $160,000
      Hospitality
      $175,000
      Educational
      $180,000
      Residential Income
      $145,000
      Energy
      $150,000
      Income-Based Land
      $165,000
      Food Service
      $135,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9304
    Latitude
    28.011
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,028
    $62,348
    $213,483
    $275,831
    -
    $62,348
    $213,483
    $275,831

    Comparable in this City

    • Value Estimation
      $460,000
      2,742 SF

      3035 Lakeland Highlands Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,742 SF
      3035 Lakeland Highlands Rd, Lakeland, FL 33803-4339
      View Details
    • Value Estimation
      $280,000
      6,140 SF

      1058 Florida Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,140 SF
      1058 Florida Ave, Lakeland, FL 33803-1154
      View Details
    • Value Estimation
      $285,000
      1,620 SF

      110 Easton Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,620 SF
      110 Easton Dr, Lakeland, FL 33803-2934
      View Details
    • Value Estimation
      $210,000
      1,867 SF

      1250 Ariana St

      RETAIL STORES (PERSONAL SERVICES) • 1,867 SF
      1250 Ariana St, Lakeland, FL 33803-1841
      View Details
    • Value Estimation
      $190,000
      672 SF

      3002 Combee Rd

      RETAIL STORES (PERSONAL SERVICES) • 672 SF
      3002 Combee Rd, Lakeland, FL 33803-7306
      View Details
    • Value Estimation
      $260,000
      5,000 SF

      2195 Edgewood Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      2195 Edgewood Dr, Lakeland, FL 33803-3603
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail space for rent in a vibrant Lakeland location.
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      Mixed-use retail and office center in high-growth Lakeland market.
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    • Contact for pricing
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      Retail space available in a well-occupied shopping center.
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    • Contact for pricing
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      Grove Park Shopping Center: Lakeland, FL

      Medical Office & Retail Space Available
      1413 Bartow Rd, Lakeland, FL 33803
      View Details
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    Lakeland, FL 33803-3312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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