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    Property profile & analytics

    Commonwealth Ave Polk City, FL 33868

    • Commercial land
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 26, 2021
    Location Intelligence
    Property ID
    US18-5931694
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for Commonwealth Ave

    Lot size
    1.13 lot acres
    Zone code
    C-2
    Property type
    Commercial land
    APN
    252632000000041210
    APU
    252632000000041210

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Polk City
    County
    Polk
    State
    Florida
    Longitude
    -81.8311
    Latitude
    28.1784
    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
    $4,658
    $261,746
    $0.00
    $261,746
    -
    $261,746
    $0.00
    $261,746

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      Broadway SE Blvd

      VACANT COMMERCIAL LAND • 0.24 Acres
      Broadway SE Blvd, Polk City, FL 33868
      View Details
    • Value Estimation by Request
      0.33 Acres

      Motorcoach S Dr

      VACANT COMMERCIAL LAND • 0.33 Acres
      Motorcoach S Dr, Polk City, FL 33868
      View Details
    • Value Estimation by Request
      5.84 Acres

      1550 State Rd 559

      VACANT COMMERCIAL LAND • 5.84 Acres
      1550 State Rd 559, Polk City, FL 33868-9219
      View Details
    • Value Estimation by Request
      0.29 Acres

      1st St

      VACANT COMMERCIAL LAND • 2,361 SF
      1st St, Polk City, FL 33868
      View Details
    • Value Estimation by Request
      0.35 Acres

      409 1st St

      VACANT COMMERCIAL LAND • 744 SF
      409 1st St, Polk City, FL 33868-9711
      View Details
    • Value Estimation by Request
      0.36 Acres

      Hwy 33rd N

      VACANT COMMERCIAL LAND • 0.36 Acres
      Hwy 33rd N, Polk City, FL 33868
      View Details

    Similar Nearby for Sale

    • $2,000,000

      2.4 Acres I-4 Frontage Land

      2.4 acres with I-4 frontage in Auburndale, Florida.
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      Polk City Land Opportunity

      Land available near Chevron and Exprezo on State Road 33.
      527 Commonwealth Ave SW, Polk City, FL 33868
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    • $30,000
      0.41 Acres

      Polk City Land Opportunity

      0.43-acre lot in Polk City, Florida for sale.
      Commonwealth Ave N, Polk City, FL 33868
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    • New
      $75,000
      9.85 Acres

      Unimproved Land Near I-4

      Approximately 10 acres of land near Auburndale/Hwy 559 exit.
      Holy Cow Rd, Polk City, FL 33868
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      501,000 SF

      Prime Polk County Warehouse Space

      501,000 SF Class A Warehouse, Multi-Tenant
      5900 Mount Olive Rd, Polk City, FL 33868
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    • $12 SF/Yr
      2,038 SF

      Retail Space in Polk City

      Neighborhood shopping center near I-4 in Polk City, Florida.
      120 Carter Blvd, Polk City, FL 33868
      View Details
    • Contact for pricing
      1,010,800 SF

      Midway Logistics Center: Lakeland, FL

      Class A industrial space for lease.
      8910 State Road 33, Lakeland, FL 33868
      View Details
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    Commonwealth Ave
    Polk City, FL 33868
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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