Realmo Analytics

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Property profile

3502 Mtn Lk Cutoff Rd Lake Wales, FL 33859

OFF-MARKET
Retail space
Property ID
US18-3215126
1,824 SF 0.45 ac lot Built 1963
Last sale Dec 2019 · $140,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years.
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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. 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$88k
Assessed land$5k
Assessed improvement$83k
Effective rate1.26%

Value estimate

· Nov 2026
$195k
$176k – $215k
AI approach$270k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$56 – $130
Qualifying comparables14

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?
R-3
The purpose of R-3 zone is for designation of developed multi family neighborhoods and to permit higher density residential development, ...
General categoryRESIDENTIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store8.3
Wholesale Shop7.9
Computer & Electronic Repair7.8

Location

3502 Mtn Lk Cutoff Rd Lake Wales, FL 33859-5414
County assessor Recorded deeds · 1 transfer 14 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7201 Waverly, Lake Wales, FL 33859 $95,000 May 2025 3,432 SF
14581 Hwy 27, Lake Wales, FL 33859-2551 $250,000 Nov 2022 2,989 SF
15796 Hwy 27, Lake Wales, FL 33859-2534 $397,000 Jul 2022 1,200 SF
23530 Hwy 27, Lake Wales, FL 33859-7805 $300,000 Jun 2022 3,715 SF
6901 Waverly, Lake Wales, FL 33859 $140,000 Jun 2021 1,840 SF
15381 Hwy 27, Lake Wales, FL 33859-2553 $220,000 Nov 2019 1,500 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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