402 1stLake Wales, FL 33853

  • Retail properties
  • 3,429 SF
Off market
$3,680,000 Estimated

Property Details for 402 1st

Year built
1953
Lot size
0.37 AC
Property size (Sq ft)
3,429 SF
Property type
Retail properties
Property subtype
Other retail properties
APN
273002904000000060
APU
273002904000000060

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,473,200
    6.5%
    $1,359,877
    7%
    $1,262,743
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,771,447
    Geo Method
    $1,356,909
  • Alternative Use

    Use
    Valuation
    Residential
    $1,147,107
    Hospitality
    $1,050,744
    Educational
    $874,206
    Medical
    $904,272
    Retail
    $1,359,877
402 1st, Lake Wales, Florida

Location Insight

City
Lake Wales
County
Polk
State
Florida
Latitude
27.8964
Longitude
-81.59
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
$206
$60,800
$109,827
$170,627
-
$60,800
$109,827
$170,627

FAQs

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