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Property profile

23607 Hwy 271-8 Lake Wales, FL 33859

OFF-MARKET
Medical Office Space
Property ID
US18-3894700
11,760 SF 0.93 ac lot Built 2014
Last sale Jul 2005 · $525,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class A, second-generation medical office building totals 11,760 square feet and is configured with medical-use interior improvements. It includes exam rooms, procedure rooms, a surgery room, patient restrooms, physician offices, a staff lounge with a private restroom, a file room, and a large reception and waiting area. The building provides direct access from Highway 27 and is located at/near the signalized intersection of Chalet Suzanne Road and Highway 27, sharing access with a Wawa.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value$2.03M
Assessed land$394k
Assessed improvement$1.64M
Effective rate1.98%

Value estimate

· Oct 2026
$2.36M
$2.12M – $2.60M
CAP approach$2.28M
Submarket $/SF estimate$1.56M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$309/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$170 – $520

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-3
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 ...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Furniture Store8.7
Locksmith8.7

Location

23607 Hwy 271-8 Lake Wales, FL 33859-6305
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

12 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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