Financial
Distress signals
Property profile

241 E Park Ave Lake Wales, FL 33853

FOR LEASE
Parking lots & garages
Property ID
US18-7400984
0.24 ac lot
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.
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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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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 · 14 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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