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    8655 State Rd 60th E Lake Wales, FL 33898
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    Property profile & analytics

    8655 State Rd 60th E, Lake Wales, FL 33898

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    • Retail space
    • 9,500 SF
    • 1.78 lot acres
    Off-Market
    Last Sale Feb 12, 2020
    $1,912,200
    Property ID
    US18-7431237
    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.

    Value Estimations
    $1,810,000
    Show details
    Cap Rate Potential
    4.5%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Discount Store
    • Amerigas Propane Exchange / Propane Supplier
    • Western Union / Bank / Credit Union
    • Cajun Cowboy / Restaurant

    Property Details for 8655 State Rd 60th E

    Year built
    2019
    Lot size
    1.78 lot acres
    Property type
    Retail space
    APN
    293007000000021100
    APU
    293007000000021100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 12, 2020 $13,385 Donald L Foreman Palmetto Lake Wales-hwy 60 LLC Warranty Deed —
    Oct 8, 2018 $200,000 Palmetto Lake Wales-hwy 60 LLC Cm Land 1 LLC Warranty Deed $1.4M · Thomasville Nat'l Bk
    Oct 3, 2018 $100 Cm Land 1 LLC Bk Properties 1 LLC Quit Claim Deed · related —
    Dec 14, 2015 — Cm Land 1 LLC Bk Properties I LLC Quit Claim Deed · related —
    Jul 19, 2010 — David P Heidlauf Dooley-heidlauf,deann Quit Claim Deed · related —
    Dec 9, 2005 — David P Heidlauf Dooley,david A J Quit Claim Deed · related —
    Nov 7, 2005 — Richard E Dooley JR. Dooley,susan M Quit Claim Deed · related —
    — — David P Heidlauf — Deed Of Trust · related $57k · Emir A Rahman

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,355,000
      ML approach
      $2,330,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,780,000
      6.5%
      $1,640,000
      7%
      $1,525,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,232,000
      Market price range: $528k - $1.23M
      AI Estimate
      $1,279,000
      Market price range: $471k - $1.28M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $2,940,000
      COMMERCIAL (GENERAL)
      $2,690,000
      AUTO REPAIR, GARAGE
      $2,310,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,740,000
      OFFICE BUILDING
      $1,535,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.4491
    Latitude
    27.884
    CBSA code
    29460
    CBSA name
    LAKELAND, FL METROPOLITAN 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
    $16,232
    $167,040
    $896,437
    $1,063,477
    -
    $167,040
    $896,437
    $1,063,477
    More about this property
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