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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Warehouses
24789 Hwy 27 Lake Wales, FL 33859-6867
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4854514
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1994
Total area
6,000 SF
Lot
4.17 ac (181,602 SF)
Zoning code
C-5
APN
272908000000022010
UPID
US18-4854514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Moving Supplies Showroom at U-Haul Moving & Storage of Lake Wales Big Box & Wholesale Store
-
Self-Storage at U-Haul Storage Facility
-
U-Haul Moving & Storage of Lake Wales Storage Facility
-
U-Box at U-Haul Storage Facility
-
Trailer Rental at U-Haul Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$895k
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$905k
Owner & transaction history
U-haul Co Of Florida 19 LLC · 12 yrs held
U-haul Co Of Florida 19 LLC
since 2013
7 recorded transactions
Zoning & alternative use
C-5 · Lake Wales, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Wales submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
$970,000
6.5%
$895,000
7%
$835,000
Blend value · Realmo final
$905k
Range $815k – $996k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$71,309
Tax year 2023
Assessed value
$3,672,151
Assessed 2023
Previous assessed
$3,672,151
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$526,686
Assessed improvement
$3,145,465
Land market value
$526,686
Improvement market value
$3,145,465
Total market value
$3,672,151
Applied tax rate
90,320.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
13
Stories
1
Units
1
Total area
6,000 SF
Lot
4.17 ac (181,602 SF)
Zoning code
C-5
APN
272908000000022010
UPID
US18-4854514
Jurisdiction
POLK
Zoning & alternative use
C-5 · Lake Wales, FL
Zoning C-5 · permitted uses
C-5 · Lake Wales, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Wales. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Stories
1
Buildings
13
Units
1
Lot
4.17 ac
Current owner
From public records · entity-resolved
U-haul Co Of Florida 19 LLC
Entity
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
—
U Haul Co Of Florida 19 LLC
—
Deed
related
$156,000,000 · Voya Investment Management LLC
Oct 18, 2013
—
U-haul Co Of Florida 19 LLC
U-haul Co Of Florida
Quit Claim Deed
related
—
Jun 7, 2012
—
U-haul Co Of Fl INC
Odyssey Dp III LLC
Grant Deed
related
—
Jun 18, 2004
$2,100,000
Odyssey Dp III LLC
H & C Management INC
Grant Deed
related
$1,275,000 · Riverside National Bank Fl
Mar 16, 2004
—
H & C Management INC
—
Deed Of Trust
related
$1,912,500 · Riverside National Bank
Oct 29, 2001
—
H & C Management INC
—
Trustees Deed
related
$165,000 · Citrus & Chemical Bank
—
—
U-haul Co Florida 19 LLC
—
Deed Of Trust
related
$50,000,000 · Cantor Commercial Real Estate
—
—
Odyssey Dp III LLC
—
Deed Of Trust
related
$4,400,000 · Column Financial INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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