Financial
Distress signals
Property profile

618 W 5Th St Lakeland, FL 33805

FOR SALE
Day care centers
Property ID
US18-4874525
2,221 SF 0.18 ac lot Built 1950
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

The property is a multi-use building in Lakeland, Florida, configured with three distinct interior areas for flexible occupancy. It includes areas measuring approximately 18' x 35' and 18' x 47', with the 18' x 47' area designed to be divided into two separate spaces. The interior includes a kitchen and two toilets, and the layout is suitable for remodeling to accommodate different uses. A fenced yard is included on the site. The roof was replaced in 2019, and the electrical system was upgraded

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?
$1k
Tax billed · 2023
Assessed value$72k
Assessed land$8k
Assessed improvement$64k
Effective rate1.82%

Value estimate

· Sep 2026
$195k
$176k – $215k
AI approach$265k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$4k
Operating expenses−$15k
NOI · 9.44% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$163/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$90 – $240

Cap rate analysis

How does the asset earn?
9.44%
$25k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm9.8
Electrical Service9.5
Tailor Shop9.5

Location

618 W 5Th St Lakeland, FL 33805
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1013 Lakeshore, Lakeland, FL 33805-4607 $225,000 Feb 2022 2,202 SF
1836 Kathleen, Lakeland, FL 33805-2539 $1,600,000 Dec 2019 12,157 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
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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
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