Property profile

56 Central Ave Lake Wales, FL 33853

OFF-MARKET
Retail space
Property ID
US18-1024055
2,400 SF 0.12 ac lot Built 1922
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Total area 2,400 SF
Lot 0.12 ac (5,310 SF)
Zoning code C2R3
APN 273002910000002280
UPID US18-1024055

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Security Service General Contractor
  • Electrical Service General Contractor
  • Electrical Service General Contractor

Location

56 Central Ave Lake Wales, FL 33853-4133
Lake Wales metro Census 14301 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2016
$40,200
2016
$125,500
2015
$40,200
2010
$83,600
2002
$73,000

Zoning & alternative use

C2R3 · Lake Wales, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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