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    2400 Rdg Way Lake Wales, FL 33859-6809
    Property profile & analytics

    2400 Rdg Way, Lake Wales, FL 33859-6809

    View on Map

    • Retail space
    • 4,050 SF
    • 0.45 lot acres
    Off-Market
    Property ID
    US18-6349270
    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.

    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mattress Firm Lake Wales / Furniture & Home Goods

    Property Details for 2400 Rdg Way

    Year built
    2015
    Lot size
    0.45 lot acres
    Property type
    Retail space
    APN
    272916864751000010
    APU
    272916864751000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 7, 2020 — Rc Lake Wales Retail LLC — Deed · related $985k · Valley Nat'l Bk
    Dec 13, 2019 — Rc Lake Wales Retail LLC — Deed · related $985k · Valley Nat'l Bk
    Aug 26, 2015 $2,170,300 Rc Lake Wales Retail LLC Mf Lake Wales LLC Grant Deed —
    Jan 5, 2015 $425,000 Mf Lake Wales LLC Armstrong Lake Wales II Dev Ll Grant Deed $1.2M · Usameribank
    — — Rc Lake Wales Retail LLC — Deed Of Trust · related $985k · Valley Nat'l Bk
    — — Rc Lake Wales Retail LLC — Loan Modification · related $985k · Valley Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $760,000
      6.5%
      $700,000
      7%
      $650,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $525,000
      Market price range: $225k - $525k
      AI Estimate
      $594,000
      Market price range: $197k - $595k
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $985,000
      NEIGHBORHOOD: SHOPPING CENTER
      $740,000
      OFFICE BUILDING
      $655,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.6225
    Latitude
    27.9597
    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
    $15,566
    $371,203
    $417,892
    $789,095
    -
    $371,203
    $417,892
    $789,095
    More about this property
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