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    203 Emerald Ave Lake Wales, FL 33853

    For Sale
    $153,000

    Land - LAKE WALES, FL

    Lot size:
    0.22 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 203 Emerald Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    APN
    27-30-11-914000-002090
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    eXp Realty LLC (888) 883-8509 [email protected]

    Listing agent Nora Harbous (888) 883-8509 License #3606085

    Listing date Oct 29, 2025

    MLS# O6312263 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Corner Lot Near Publix

    This 0.22-acre vacant commercial corner lot is situated in the heart of Lake Wales, within the Community Redevelopment Area (CRA), potentially offering eligibility for development incentives. The property benefits from excellent visibility, positioned directly across from Publix and adjacent to a daycare. It features frontage on both Emerald Avenue and 2nd Street. A paved bonus area is suitable for parking, display, or future use. The lot is shaded by mature trees and ready to support a variety of commercial needs. Zoned commercial, the site is ideal for retail, office, medical, or QSR (Quick Service Restaurant). Utilities are available at the site. The property is surrounded by established businesses and residential neighborhoods in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dog N Suds ... Pet Groomer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.587309
    Latitude
    27.892459

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    FAQs

    What type of property is this?
    Commercial land - 0.22-acre commercial lot in Lake Wales' CRA district.
    Where is this commercial land located?
    The property is located at 203 Emerald Ave Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $153,000.
    What are key features of this property?
    This property features: - Prime commercial corner lot across from Publix offering high visibility and accessibility.; - Located within Community Redevelopment Area (CRA) with potential eligibility for development incentives.; - Zoned commercial, ideal for retail, office, medical, or QSR (Quick Service Restaurant).
    (888) 883-8509
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    203 Emerald Ave Lake Wales, FL 33853
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    Lake Wales, FL 33853
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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

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    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
    203 Emerald Ave Lake Wales, FL 33853
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