500 CommerceLakeland, FL 33813

Off market
$20,047,720 Estimated
  • Auto shops
  • 13,520 SF

Property Details for 500 Commerce

Year built
2021
Lot size
2.00 AC
Property size (Sq ft)
13,520 SF
Property type
Auto shops
APN
232913000000023080
APU
232913000000023080

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,103,140
    6.5%
    $3,787,514
    7%
    $3,516,977
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,222,277
    Geo Method
    $6,222,277
  • Alternative Use

    Use
    Valuation
    Residential
    $3,194,910
    Hospitality
    $2,926,520
    Educational
    $2,434,830
    Medical
    $2,518,568
    Retail
    $3,787,514
500 Commerce, Lakeland, Florida
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Location Insight

City
Lakeland
County
Polk
State
Florida
Latitude
27.9591
Longitude
-81.9632
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
$18,713
$187,355
$1,118,518
$1,305,873
-
$187,355
$1,118,518
$1,305,873

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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