Property profile

241 E Park Ave Lake Wales, FL 33853

FOR LEASE
Parking lots & garages
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Property ID
US18-7400984
0.24 ac
Last sale Jun 2020·$695,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$1k
Tax billed · 2023
Assessed value$62k
Assessed land$56k
Assessed improvement$7k
Effective rate1.94%

Value estimate

· Nov 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$11k
Operating expenses−$10k
NOI · 205,335.71% cap applied$29k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
205,335.71%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The purpose of C-1 zone designed to encourage and facilitate a mix of residential uses and commercial activities in compact, pedestrian o...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop13.3
Pharmacy9.8
Veterinary Clinic9.5

Location

241 E Park Ave Lake Wales, FL 33853
County assessor Recorded deeds · 5 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19254 Hwy 27, Lake Wales, FL 33853-2451 $400,000 Dec 2024 No data
323 Scenic, Lake Wales, FL 33853-3724 $400,000 Dec 2022 2,284 SF
1655 Us Hwy 27th N, Lake Wales, FL 33853 $3,750,000 Jul 2022 No data
Orange E, Lake Wales, FL 33853 $360,000 Jul 2022 No data
326 Scenic, Lake Wales, FL 33853-3837 $375,000 Sep 2021 1,110 SF
242 Scenic, Lake Wales, FL 33853-3836 $120,000 May 2021 11,464 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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