Financial
Distress signals
Property profile

3130 Us Hwy 98th N Lakeland, FL 33805

OFF-MARKET
Turn key restaurants
Property ID
US18-4954105
5,142 SF 1.08 ac lot Built 1985
Last sale Nov 2025 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a restaurant facility located in Lakeland, Florida. It contains approximately 5,142 square feet of space configured for restaurant operations. The building has been occupied by a restaurant tenant under a long-term lease structure that, at the time of description, included more than 12 years remaining and multiple extension options, with rent structured to increase by 2% annually during the initial term and at the start of each option period.

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?
$22k
Tax billed · 2023
Assessed value$1.27M
Assessed land$636k
Assessed improvement$630k
Effective rate1.76%

Value estimate

· Sep 2026
$645k
$581k – $710k
AI approach$480k
Submarket $/SF estimate$805k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$573/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$192 – $921

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Law Firm14.4
Kitchen & Bath10.2

Location

3130 Us Hwy 98th N Lakeland, FL 33805-2104
County assessor Recorded deeds · 8 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
210 8th, Lakeland, FL 33805-4828 $350,000 Feb 2024 3,800 SF
7245 Bridgewater Ctr, Lakeland, FL 33805-7528 $10,408,300 Apr 2022 4,650 SF
1510 Kathleen, Lakeland, FL 33805-3466 $450,000 Aug 2021 3,960 SF
1345 Kathleen, Lakeland, FL 33805-3527 $90,000 Aug 2020 3,912 SF
3223 Us Hwy 98th N, Lakeland, FL 33805-2105 $4,900,000 Sep 2019 5,184 SF
1320 Florida, Lakeland, FL 33805-4525 $350,000 Jun 2019 3,550 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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