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Property profile

506 Commonwealth SW Ave Polk City, FL 33868

OFF-MARKET
Retail space
Property ID
US18-3453490
1,524 SF 0.39 ac lot Built 1940
Last sale Jun 2026 · $200,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Commercial property located in Polk City, Florida on a prominent corner lot with approximately 200 feet of highway frontage on State Road 33. The building has a metal roof installed in 2014 and is provided with a consistent termite bond, with central air conditioning for year-round climate control. Historically used as an antique store, the interior layout includes spacious rooms and a full kitchen, and the configuration is suitable for uses such as retail, office, or a boutique cafe.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$129k
Assessed land$38k
Assessed improvement$91k
Effective rate2.14%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 381 recorded sales of this use type
Observed band · Q1–Q3$76 – $263
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.6
Realty agency11.8
Dental Office10.0

Location

506 Commonwealth SW Ave Polk City, FL 33868-9704
County assessor Recorded deeds · 5 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 10 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
322 Broadway SE, Polk City, FL 33868-9239 $170,000 Jan 2019 2,441 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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