Technical
Financial
Distress signals
Property profile

42 Ranier Dr Lake Placid, FL 33852

OFF-MARKET
Office buildings
Property ID
US19-0107053
200 SF 0.19 ac lot Built 1980
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction CONCRETE BLOCKS
Total area 200 SF
Lot 0.19 ac (8,100 SF)
Zoning code C1
APN P-06-37-30-060-0060-0180
UPID US19-0107053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42 Ranier Dr Lake Placid, FL 33852-2407
Lake Placid metro Census 961604 SEBRING, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$115k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2023
Last sale
$103,500
5 recorded transactions
2023
Price N/A
2019
$103,500
2005
$132,000
2003
$30,000
1969
Price N/A

Zoning & alternative use

C1 · Lake Placid, FL
Zoning description

The purpose of the C-1 Highway Commercial District is to provide for commercial uses of land and buildings along highway frontage.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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