Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    504 Main Ave Lake Placid, FL 33852-1816

    • Auto shops
    • 1,836 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Nov 03, 2021
    $286,200
    Location Intelligence
    Property ID
    US18-5465761
    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

    • M & J Highlands Automotive, LLC / Auto Repair Shop
    • Seeber Automotive / Auto Repair Shop

    Property Details for 504 Main Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.33 lot acres
    Property size
    1,836 SF
    Zone code
    C2
    Property type
    Auto shops
    APN
    P-06-37-30-040-0230-0060
    APU
    P06373004002300060

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $340,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $310,000
      Mixed-Use
      $280,000
      Hospitality
      $310,000
      Educational
      $350,000
      Residential Income
      $330,000
      Energy
      $350,000
      Income-Based Land
      $280,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3654
    Latitude
    27.2919
    CBSA code
    42700
    CBSA name
    SEBRING, FL MICROPOLITAN 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
    $2,594
    $34,342
    $104,216
    $138,558
    -
    $34,342
    $104,216
    $138,558

    Comparable in this City

    • Value Estimation
      $1,720,000
      3,637 SF

      620 Us 27th S

      AUTO REPAIR, GARAGE • 3,637 SF
      620 Us 27th S, Lake Placid, FL 33852
      View Details
    • Value Estimation
      $380,000
      2,048 SF

      1815 County Rd 621st E

      AUTO REPAIR, GARAGE • 2,048 SF
      1815 County Rd 621st E, Lake Placid, FL 33852-5303
      View Details
    • Value Estimation
      $230,000
      2,072 SF

      702 Main Ave

      AUTO REPAIR, GARAGE • 2,072 SF
      702 Main Ave, Lake Placid, FL 33852-1820
      View Details
    • Value Estimation by Request
      4,200 SF

      440 Sun N Lks Blvd

      AUTO REPAIR, GARAGE • 4,200 SF
      440 Sun N Lks Blvd, Lake Placid, FL 33852-9343
      View Details
    • Value Estimation
      $305,000
      4,000 SF

      1270 County Rd 621st E

      AUTO REPAIR, GARAGE • 4,000 SF
      1270 County Rd 621st E, Lake Placid, FL 33852-8657
      View Details
    • Value Estimation
      $225,000
      4,400 SF

      256 Interlake Blvd

      AUTO REPAIR, GARAGE • 4,400 SF
      256 Interlake Blvd, Lake Placid, FL 33852-6431
      View Details

    Similar Nearby for Sale

    • $799,900

      US 27 Retail Opportunity

      Retail buildings on US 27 with highway frontage.
      1130 Us 27, Lake Placid, FL 33852
      View Details
    • $450,000
      4,422 SF

      Lake Placid Commercial Building For Sale

      Commercial building in downtown Lake Placid, seller financing available.
      204 E Interlake Blvd, Lake Placid, FL 33852
      View Details
    • $399,000

      Lakefront Highway Frontage Business Opportunity

      Lakefront property with highway frontage, ideal for business and living.
      2200 Us 27 Hwy S, Lake Placid, FL 33852
      View Details
    • $875,000
      1.68 Acres

      Lake Placid Commercial Investment Opportunity

      Commercial building on 1.68 acres with high visibility.
      405 W Interlake Blvd, Lake Placid, FL 33852
      View Details
    • $3,000,000
      16,851 SF

      Hwy 27 Retail Center Investment

      Prime Lake Placid Retail Space, High Traffic
      594 Us 27, Placid Lakes, FL 33852
      View Details
    • Contact for pricing
      3,500 SF

      Former Bank Branch with Drive-Thru

      3,500 SF former bank branch with drive-thru for sale.
      120 Us 27 S, Lake Placid, FL 33852
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      4,650 SF

      Lake Placid Office Space

      High-traffic US-27 location, flexible office space.
      708 Us-27, Lake Placid, FL 33852
      View Details
    • $30,000

      Lakefront Log Cabin Business Opportunity

      Unique live, work, and play opportunity on Lake Buck.
      2200 Us 27 S, Lake Placid, FL 33852
      View Details
    • $3,333 /Mo

      Retail Space on US Highway

      Renovated retail space with highway visibility and ample parking.
      490 Us 27 N, Lake Placid, FL 33852
      View Details
    • $96 SF/Yr
      16,989 SF

      Lykes Road Commercial Property

      16,989 SF Office/Warehouse, Prime Location
      7 Lykes Rd, Lake Placid, FL 33852
      View Details
    • $120 SF/Yr
      17,360 SF

      Lake Placid Warehouse For Lease

      17,360 SF Industrial Space, Great Location
      110 Interlake Blvd, Lake Placid, FL 33852
      View Details
    • $1,300 /Mo

      Updated Apartment in Lake Placid

      Recently updated 3-bedroom apartment in central Lake Placid.
      526 S Main St, Lake Placid, FL 33852
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    504 Main Ave
    Lake Placid, FL 33852-1816
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.