Commercial & Industrial Real Estate Sales Analysis in Mulberry, Bartow, Lake Wales, FL - '12

The commercial and industrial real estate market along the State Road 60 corridor in Polk County, which includes the cities of Mulberry, Bartow, and Lake Wales, Florida had a mix of transactions in 2012 with more than half typical property sales (60%) and the remaining 40% of property sales from the local MLS database were bank-owned or short-sale type transactions. Bank-owned inventory has impacted pricing of many property types within most areas in Central Florida. Industrial and commercial property market has not been immune from distressed real estate asset sales. Below is an overview of the commercial and industrial property sale transactions from the three cities in Polk County that are along the S.R. 60 corridor - Mulberry, Bartow, Lake Wales, Florida.

2012 Real Property Transaction Information and Analysis
(Data extracted from MLS Only - Does not include additional transactions from Non-MLS listings and property sales)

12 Commercial Property Sales in the Mulberry, Bartow, Lake Wales Market

· 7 Commercial and Industrial Property Sales labeled as No Special Sale Conditions

o 58% No Special Sale Condition Property Sales

· 5 Commercial and Industrial Property Sales labeled as REO/Bank-Owned Transactions

o 42% REO/Bank-Owned Property Sales

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Mike Cliggitt, MAI, MRICS (PDF of Cliggitt Professional Qualifications)
863-661-1165 (Direct Line)
Cliggitt Valuation, Inc.
Real Estate Analyst, Advisor, Appraiser
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Real Estate Appraisers in Mulberry, Bartow, Lake Wales, Florida