Financial
Distress signals
Property profile

5503 Us Highway 98 S Lakeland, FL 33812

FOR SALE
Other individual retail properties
Property ID
US18-3788709
1,820 SF 0.36 ac lot Built 1948
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A freestanding office building located along US Highway 98 in Highland City, Florida, set on a 0.36-acre lot with access from both US 98 S and Laurel Avenue SE. The building includes three grade-level doors: two doors on the US 98 side measuring 10' x 12' each, and one door on the Laurel Ave side measuring 14' x 12'. Interior features include approximately 480 square feet of mezzanine storage accessible by a steel staircase. The property is configured for office use and can accommodate certain

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$289k
Assessed land$94k
Assessed improvement$195k
Effective rate1.31%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$21k
Vacancy & credit loss−$2k
Operating expenses−$3k
NOI · 2.04% cap applied$16k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2.04%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.1
Building Supply16.7
Dental Office14.2

Location

5503 Us Highway 98 S Lakeland, FL 33812
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4950 Dave Robbins, Lakeland, FL 33812-4485 $2,202,200 Mar 2025 7,744 SF
5325 Us Hwy 98th S, Lakeland, FL 33812 $995,000 Nov 2020 4,300 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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