5245 Socrum Loop Rd Lakeland, FL 33809-4253
Property profile & analytics
5245 Socrum Loop Rd, Lakeland, FL 33809-4253
- Assisted living facilities
- 39,060 SF
- 3.86 lot acres
Property ID
US18-3733787
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.
Location Intelligence
Current Use by Public Records
- Karen Hutchinson / Physician
- Caitlin Slater / Physician
- Breezy Hills Rehab and Care Center / Rehabilitation Center
- Consulate Health Care of Lakeland / Community Center
Property Details for 5245 Socrum Loop Rd
- Year built
- 1984
- Lot size
- 3.86 lot acres
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 242730000000014050
- APU
- 242730000000014050
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 4, 2024 | — | Crea Franco LLC | — | Deed · related | — |
| Mar 4, 2022 | $7,104,000 | Crea Lakeland LLC | Re Lakeland LLC | Special Warranty Deed | $52.2M · Capital Funding |
| Aug 10, 2018 | — | Re Lakeland LLC | — | Deed · related | $60k · Bear Crk Products 2018-5 (snf |
| Aug 9, 2018 | $6,767,200 | Re Lakeland LLC | Fc-thc Leasing III LLC | Grant Deed | $29.9M · Fa-scd Snf Investors I LLC |
| Oct 3, 2012 | — | Fc-thc Leasing III LLC | — | Deed Of Trust · related | $390.1M · General Electric Capital Corp |
| Oct 16, 2009 | $8,600,000 | Fc-thc Leasing III LLC | Health Care Reit INC | Grant Deed | $37M · Capitalsource Bank |
| — | — | Re Lakeland LLC | — | Loan Modification · related | $60k · Bear Crk Products 2018-5 (snf |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,160,000
- ML approach
- $8,120,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,265,000
Market price range: $3.21M - $6.27M -
Alternative Use
- Use
- Estimation
- HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
- $4,825,000 Current use
- OFFICE BUILDING
- $9,200,000 Change: +91% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $8,785,000 Change: +82% Conversion: Difficult
- RESTAURANT
- $6,130,000 Change: +27% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $5,095,000 Change: +6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9463
- Latitude
- 28.1093
- 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
$79,659
$420,940
$3,948,790
$4,369,730
-
$420,940
$3,948,790
$4,369,730