7 Lykes Rd Lake Placid, FL 33852-9582
Property Lookup
Property profile & analytics
7 Lykes Rd Lake Placid, FL 33852-9582
- Office buildings
- 2,272 SF
- 4.00 lot acres
Property ID
US18-7697537
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
- Lykes Bros / Association / Organization
Property Details for 7 Lykes Rd
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 4.00 lot acres
- Property size
- 2,272 SF
- Zone code
- AU
- Property type
- Office buildings
- APN
- C-01-36-29-010-0020-0000
- APU
- C01362901000200000
Description
This exceptional 16,989-square-foot commercial property, situated on an 87,120-square-foot lot, presents a unique opportunity for businesses seeking a versatile space in South Central Florida. Built in 1984, this single-story building offers a blend of office and warehouse space, ideal for e-commerce, distribution, or other industrial uses. The layout is thoughtfully designed to accommodate various operational needs, featuring 24 private offices, two large conference rooms, and two expansive bullpens perfect for shipping and accounting departments. A well-appointed kitchen and lounge area, along with upgraded restrooms, enhance employee comfort. The building's design allows for easy division into three separate sections, providing flexibility for multi-tenant occupancy or internal departmental separation. Ample space for semi-trailers is available on the property, adding significant logistical advantages. Its strategic location offers convenient access to major transportation routes, placing it within two hours of Tampa and Miami, and 1.5 hours from Orlando, West Palm Beach, and Fort Myers. Weekday showings are preferred, with weekend showings requiring advance notice. Detailed floor plans are available for review. This property boasts a prime location and is ready for immediate occupancy. The vacant space totals 16,780 square feet. One parking space is available.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $615,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $410,000
- 6.5%
- $380,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $580,000
- AI Estimate
- $517,000
Market price range: $209k - $581kMarket price range: $233k - $518k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $370,000 Current use
- MEDICAL BUILDING
- $375,000 Change: +1% Conversion: Easy
- RETAIL STORES
- $345,000 Change: -7% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3932
- Latitude
- 27.3661
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN 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
$27,277
$119,298
$1,729,317
$1,848,615
-
$0.00
$0.00
$4,331,582
