Property profile

247 E Stuart Ave Lake Wales, FL 33853

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US18-5594741
4,388 SF 0.06 ac Built 1919
Last sale Oct 2024·$320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The Bullard Building, constructed in 1920, is located on E Stuart Avenue in Lake Wales, Florida. The structure was historically used for a variety of ground-floor services, including a drug store, barber shop, and post office, with municipal offices and a bowling alley on the upper level. The building includes two floors of flexible commercial space, with approximately 2,194 square feet per floor. The first floor is arranged into multiple rooms and office spaces and includes two…

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?
$4k
Tax billed · 2023
Assessed value$290k
Assessed land$100
Assessed improvement$290k
Effective rate1.21%

Value estimate

· Nov 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI$20k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$50 – $103
Qualifying comparables8

Cap rate analysis

How does the asset earn?
$20k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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
Storage Facility10.1
Pharmacy9.8

Location

247 E Stuart Ave Lake Wales, FL 33853
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Central, Lake Wales, FL 33853-4016 $3,415,200 Mar 2025 5,137 SF
28 Park, Lake Wales, FL 33853-4132 $135,000 Dec 2023 3,038 SF
338 Scenic, Lake Wales, FL 33853-3849 $495,000 Oct 2023 3,098 SF
105 Stuart, Lake Wales, FL 33853-4127 $320,000 Jun 2023 3,900 SF
224 Stuart, Lake Wales, FL 33853-3713 $325,000 Mar 2023 3,600 SF
125 Stuart, Lake Wales, FL 33853-4127 $300,000 Oct 2022 4,140 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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