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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Medical Office Space
5245 Us Hwy 98th N Lakeland, FL 33809-0516
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-2871558
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
12,405 SF
Lot
5.93 ac (258,180 SF)
Zoning code
C3R1
APN
232725000000031040
UPID
US18-2871558
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advanced Internal Medicine Care Medical Clinic
-
Venue 98 Wedding Service
-
Oficina Dr Vivian Virela Pediatrician Physician
-
Dr. Luis Garcia Rivera Medical Clinic
-
Dr. Vivian Virella Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.60M
Owner & transaction history
Emaus Cps LLC · 11 yrs held
Emaus Cps LLC
since 2015
7 recorded transactions
Zoning & alternative use
C3R1 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lakeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,113
Tax year 2023
Assessed value
$1,435,632
Assessed 2023
Previous assessed
$1,376,969
+4.3% YoY
Effective rate
1.68%
On assessed value
Assessed land
$220,107
Assessed improvement
$1,215,525
Land market value
$220,107
Improvement market value
$1,215,525
Total market value
$1,435,632
Applied tax rate
91,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
12,405 SF
Lot
5.93 ac (258,180 SF)
Zoning code
C3R1
APN
232725000000031040
UPID
US18-2871558
Jurisdiction
POLK
Zoning & alternative use
C3R1 · Lakeland, FL
Zoning C3R1 · permitted uses
C3R1 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
5.93 ac
Current owner
From public records · entity-resolved
Emaus Cps LLC
Entity
Mailing address
990 ASHTON OAKS CIR, LAKELAND, FL 33813-5657
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2015
$1,000,000
Emaus Cps LLC
Hall Lew JR & Sharon A
Warranty Deed
$600,000 · Lew JR & Sharon A Hall
Apr 10, 2001
$2,080,000
Sharon A Hall
Sci Funeral Services Of Fl INC
Grant Deed
$428,164 · Citrus & Chemical Bank
—
—
Lew Hall JR.
—
Deed Of Trust
related
$490,000 · Suntrust Bank NA
—
—
Lewis H Hall
—
Deed Of Trust
related
$211,591 · Citrus & Chemical Bank
—
—
Lewis H Hall
—
Deed Of Trust
related
$325,000 · Citrus & Chemical Bank
—
—
Lewis H Hall
—
Deed Of Trust
related
$154,000 · Citrus & Chemical Bank
—
—
Lewis H Hall
—
Deed Of Trust
related
$277,000 · Citrus & Chemical Bank
—
—
Lewis H Hall
—
Deed Of Trust
related
$200,000 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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