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Property profile & analytics
OFF-MARKET
Specialty properties
445 4th S St Lake Wales, FL 33853-3775
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-7131146
Property profile
Verified
Property type
Specialty properties
Use group
CREMATORIUM, MORTUARY
Year built
1987
Total area
4,602 SF
Lot
2.35 ac (102,453 SF)
Zoning code
C-2
APN
273001883000056030
UPID
US18-7131146
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
-
Epps Funeral Home Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lawrence J Epps JR. · 8 yrs held
Lawrence J Epps JR.
since 2018
5 recorded transactions
Zoning & alternative use
C-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,747
Tax year 2023
Assessed value
$330,925
Assessed 2023
Previous assessed
$342,906
-3.5% YoY
Effective rate
2.04%
On assessed value
Assessed land
$61,466
Assessed improvement
$269,459
Land market value
$61,466
Improvement market value
$269,459
Total market value
$330,925
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
Specialty properties
Use group
CREMATORIUM, MORTUARY
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
4,602 SF
Lot
2.35 ac (102,453 SF)
Zoning code
C-2
APN
273001883000056030
UPID
US18-7131146
Jurisdiction
POLK
Zoning & alternative use
C-2 · Lake Wales, FL
Zoning C-2 · permitted uses
C-2 · 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
1987
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Lawrence J Epps JR.
Individual
Mailing address
445 4TH ST S, LAKE WALES, FL 33853-3775
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2018
—
Lawrence J Epps JR.
—
Deed
related
$306,540 · Citizens Bk
Apr 3, 2018
$339,000
Lawrence J Epps JR.
Harrell,ronald L & Suzanne C
Warranty Deed
$306,540 · Citizens Bk
Aug 4, 1998
$230,000
Ronald L Harrell
First Baptist Church Of Lake W
Grant Deed
$148,850 · First Baptist Church Of Lake W
—
—
Ronald L Harrell
—
Deed Of Trust
related
$140,000 · Citizens Bank & Trust Co
—
—
Lawrence J Epps JR.
—
Deed Of Trust
related
$306,540 · Citizens Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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