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    242 S Scenic Hwy Lake Wales, FL 33853

    New
    Pending
    For Sale
    $650,000

    Retail - LAKE WALES, FL

    Type:Retail
    Property size:
    10,117 SF
    Lot size:
    0.68 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 242 S Scenic Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    Zoning
    C-2
    APN
    27-30-01-883000-045060
    Size
    10,117 SF
    Lot size
    0.68 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Building materials
    Frame
    Architectural style
    Other

    Coldwell Banker Real Estate Winter Haven (863) 294-7541 [email protected]

    Listing agent Brandy Duncan (863) 294-7541 License #3386190

    Listing date Dec 11, 2025

    MLS# L4957207 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

    Lake Wales Retail Opportunity

    This commercial property is located in Lake Wales, Florida, and offers a commercial opportunity for investors. The parcel is 0.6781 acres and includes a large commercial building, formerly a Firestone Building, with a size of 10117 square feet. The zoning is C-2. The property has access from the west, east and south. It is located in a location suitable for future growth in Lake Wales.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anchor center and auto ... Auto Body Shop Executive Dry Cleaners-Lake ... Dry Cleaner Friendly Auto Sales, ... Car Dealer Body Armor Tattoo ... Tattoo And Piercing Shop PURPLE BOSS INC Marketing Consultant

    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.

    Similar Places Nearby

    U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.585123
    Latitude
    27.898147

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    FAQs

    What type of property is this?
    Automotive property - Commercial opportunity in Lake Wales, Florida, with large commercial building.
    Where is this automotive property located?
    The property is located at 242 S Scenic Hwy Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime commercial opportunity in Lake Wales, Florida.; - Large .6781 acre parcel with existing commercial building.; - High-visibility location with access from multiple directions.
    (863) 294-7541
    Request Owner's contact information
    242 S Scenic Hwy 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    242 S Scenic Hwy Lake Wales, FL 33853
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