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Property profile & analytics
OFF-MARKET
Manufacturing properties
Mammoth Grv Rd Lake Wales, FL 33898
Entity Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7576215
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Lot
9.89 ac (430,634 SF)
Zoning code
R-3
APN
282931937680011100
UPID
US18-7576215
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Florida Rock Industries INC · 26 yrs held
Florida Rock Industries INC
since 2000
1 recorded transaction
Zoning & alternative use
R-3 · Lake Wales, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R-3 zone is for designation of developed multi family neighborhoods and to permit higher density residential development, consisting of single family, two family and multiple family dwellings, on infill lots in multi family neighborhoods
Zone name
Residential
General category
RESIDENTIAL
Zone area
795.57 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Wales submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$55
Tax year 2023
Assessed value
$5,267
Assessed 2023
Previous assessed
$5,267
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$5,267
Land market value
$5,267
Total market value
$5,267
Applied tax rate
90,320.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Heating
NONE
Lot
9.89 ac (430,634 SF)
Zoning code
R-3
APN
282931937680011100
UPID
US18-7576215
Jurisdiction
POLK
Zoning & alternative use
R-3 · Lake Wales, FLZoning R-3 · permitted uses
R-3 · Lake Wales, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R-3 zone is for designation of developed multi family neighborhoods and to permit higher density residential development, consisting of single family, two family and multiple family dwellings, on infill lots in multi family neighborhoods
Zone name
Residential
General category
RESIDENTIAL
Zone area
795.57 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
9.89 ac
Current owner
From public records · entity-resolved
Florida Rock Industries INC
Entity
Free & Clear · 26 yrs held
Mailing address
1200 URBAN CTR DR, VESTAVIA, AL 35242-2545
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2000
$40,200
Florida Rock Industries INC
Riegel,john L
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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