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    Property profile & analytics

    4645 Socrum Loop Rd Lakeland, FL 33809-1445

    • Motels
    • 11,388 SF
    • 5.33 lot acres
    OFF-MARKET
    Value Estimation
    $3,900,000
    Last Sale
    Aug 19, 2022
    $3,500,000
    Location Intelligence
    Property ID
    US18-1057108
    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

    • Stayable Lakeland / Extended Stay Hotel
    • A-P-T Suites / Hotel
    • Rodeway Inn & Suites / Hotel / Motel

    Property Details for 4645 Socrum Loop Rd

    Year built
    1988
    Lot size
    5.33 lot acres
    Property size
    11,388 SF
    Zone code
    C-2
    Property type
    Motels
    APN
    242730000000041060
    APU
    242730000000041060

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,440,000
      6.5%
      $3,225,000
      7%
      $3,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,185,000
      Geo Method
      $3,880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,215,000
      Retail
      $4,365,000
      Mixed-Use
      $3,675,000
      Hospitality
      $4,005,000
      Educational
      $3,445,000
      Residential Income
      $4,295,000
      Energy
      $3,690,000
      Income-Based Land
      $3,375,000
      Food Service
      $3,260,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9492
    Latitude
    28.1026
    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
    $40,637
    $731,465
    $1,497,693
    $2,229,158
    -
    $731,465
    $1,497,693
    $2,229,158

    Comparable in this City

    • Value Estimation by Request
      19,102 SF

      4360 Lakeland Park Dr

      MOTEL • 19,102 SF
      4360 Lakeland Park Dr, Lakeland, FL 33809-3585
      View Details
    • Value Estimation
      $940,000
      2,075 SF

      8514 State Rd 33rd N

      MOTEL • 2,075 SF
      8514 State Rd 33rd N, Lakeland, FL 33809-1730
      View Details
    • Value Estimation by Request
      3,176 SF

      4502 Socrum Loop Rd

      HOTEL • 3,176 SF
      4502 Socrum Loop Rd, Lakeland, FL 33809-4202
      View Details
    • Value Estimation
      $5,160,000
      31,040 SF

      4321 Lakeland Park Dr

      HOTEL • 31,040 SF
      4321 Lakeland Park Dr, Lakeland, FL 33809-3585
      View Details
    • Value Estimation by Request
      38,460 SF

      4420 Socrum Loop Rd

      HOTEL • 38,460 SF
      4420 Socrum Loop Rd, Lakeland, FL 33809-4240
      View Details
    • Value Estimation by Request
      1,938 SF

      3520 Us Hwy 98th N

      HOTEL • 1,938 SF
      3520 Us Hwy 98th N, Lakeland, FL 33809-3805
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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    • $22 SF/Yr
      5,600 SF

      Publix-Anchored Retail Space Available

      Retail space in Publix-anchored center at high-traffic intersection.
      5147-5239 Us Highway 98 S, Lakeland, FL 33809
      View Details
    • Contact for pricing

      Prime Land on US Hwy

      Exceptional leasing opportunity with high visibility on US Hwy 98.
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    • Contact for pricing
      24,394 SF

      Lakeland Retail Center Opportunity

      High-traffic retail space, 20,000 sq ft available
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      Liberty Square Center Outparcels

      Lakeland Retail Center - Outparcels Available
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    • Contact for pricing
      239,580 SF

      Lakeland Retail Center Investment

      High-traffic retail space available in Lakeland, FL
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      View Details

    Property Visit Statistics

    • Visits by month
      11.0k
    • Visitors by month
      9.1k
    • Avg Time on site
      21 min
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    4645 Socrum Loop Rd
    Lakeland, FL 33809-1445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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