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Property profile & analytics

455 Emerald Ave Lake Wales, FL 33853-4716

  • Medical offices
  • 6,275 SF
  • 0.70 lot acres
OFF-MARKET
Value Estimation
$430,000
Location Intelligence
Property ID
US18-1945806
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Amanda Waters, APRN / Family Practice Physician
  • Lakeland Regional Health Lake Wales / Medical Clinic
  • David Lynn Holmes, DO / Family Practice Physician
  • Lakeland Regional Health Lake Wales Primary Care / Family Practice Physician
  • Leonard Hawkins / General Practitioner / Physician Assistant

Property Details for 455 Emerald Ave

Year built
2005
Lot size
0.70 lot acres
Property size
6,275 SF
Property type
Medical offices
Property subtype
Medical centers
APN
273011917510002050
APU
273011917510002050

Description

This exceptional investment opportunity presents a 6,275 square foot medical office building in Lake Wales, Florida, currently occupied by Lakeland Regional Health System, a highly reputable 910-bed community health system with over 30 years of experience and 15+ outpatient centers in Polk County. The property, built in 2005 and renovated in 2009, sits on a 0.7-acre lot at 455 Emerald Avenue, Lake Wales, FL 33853. The single-story building features a modified net lease with a remaining term of approximately 2.4 years (Lease Commencement: 01/01/2022

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $425,000
  • CAP approach

    CAP return
    Estimation
    6%
    $500,000
    6.5%
    $470,000
    7%
    $460,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $420,000
    Geo Method
    $515,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $535,000
    Retail
    $475,000
    Mixed-Use
    $445,000
    Hospitality
    $440,000
    Educational
    $495,000
    Residential Income
    $480,000
    Energy
    $410,000
    Income-Based Land
    $435,000
    Food Service
    $505,000

Location Insight

  • Map
  • Local Demand
City
Lake Wales
County
Polk
State
Florida
Longitude
-81.5823
Latitude
27.8925
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,676
$40,993
$548,773
$589,766
-
$40,993
$548,773
$589,766
More about this property
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