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    Lake Wales, FL
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    Lake Wales, FL Land for Sale

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    Polk County Commercial Opportunity
    Updated: Mar 25
    Polk County Commercial Opportunity

    19 EVERGREEN Dr, Lake Wales, FL 33898

    $740,000
    2,760 sqft 0.83 AC lot
    Flexible Linear Commercial Corridor (LCC) zoning allows for a variety of business uses.
    Multiple buildings including a 1,766 sq. ft. retail‑style building, a 1,842 sq. ft. warehouse, and a 2,760 sq. ft. steel building.
    Located in unincorporated Polk County just off the Highway 60 corridor.
    Fenced rear portion of the property offers space for storage, equipment, or expansion.
    Concrete block construction of retail and warehouse buildings.
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    This listing looks promising.

    Here's a quick look at some key insights for

    19 EVERGREEN Dr, Lake Wales, FL 33898

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $443K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
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    Prime Development Land in Lake Wales
    Updated: Feb 17
    Prime Development Land in Lake Wales

    FRIEDLANDER Road, Lake Wales, FL 33853

    $175,000
    3.92 AC lot
    3.92 acres of prime development land in Lake Wales/Babson Park.
    Newly rezoned location in one of Central Florida’s fastest‑growing areas.
    Exceptional visibility, accessibility, and flexibility for various commercial ventures.
    Ideally suited for medical office, bank, retail center, daycare, or unique concepts.
    Located near local amenities, schools, and major roadways.
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    Residential Development Land Opportunity
    Residential Development Land Opportunity

    186 LEWIS GRIFFIN Road, Lake Wales, FL 33898

    $1,400,000
    9.98 AC lot

    9.98-acre property primed for residential development in Lake Wales.

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    C-2 Zoned Commercial Land Lot
    C-2 Zoned Commercial Land Lot

    200 S SCENIC Highway, Lake Wales, FL 33853

    $199,900
    0.17 AC lot

    C-2 zoned commercial land lot on Scenic Highway, across from the Depot historical museum.

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    Commercial Corner Lot on SR 60
    Commercial Corner Lot on SR 60

    STATE ROAD 60 E, Lake Wales, FL 33898

    $385,000
    5.05 AC lot

    Corner lot with 660 feet of frontage on SR 60 and easy ingress/egress at the SR 60 and Doherty Dr intersection.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    206 N 1ST Street, Lake Wales, FL 33853

    $199,900
    0.23 AC lot

    Commercial C-1 corner lot in Lake Wales, sized for construction and suited for small business development.

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    General Industrial Land with Railroad
    General Industrial Land with Railroad

    100 S AIRPORT Road, Lake Wales, FL 33859

    $10,000,000
    5.50 AC lot

    Fully developed GI-zoned site on adjacent lots with paved areas, gated access, and railroad frontage.

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    Development Land with Highway Frontage
    Development Land with Highway Frontage

    60 E St, Lake Wales, FL 33855

    $100,000
    0.30 AC lot

    Commercial land offered with frontage on State Road 60 and convenient access from Euclid Avenue in Lake Wales, Florida.

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    Commercial Site Ready for Development
    Commercial Site Ready for Development

    1030 CHALET SUZANNE Road, Lake Wales, FL 33859

    $1,350,000
    8.01 AC lot

    Prime commercial land available for development in Lake Wales, Florida.

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    Retail Frontage Development Lots
    Retail Frontage Development Lots

    W STATE ROAD 60, Lake Wales, FL 33853

    $250,000
    1.13 AC lot

    Five commercial lots offer frontage on State Road 60 and access to Bullard Ave in Lake Wales.

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    3.36 Acres on Hwy 27
    3.36 Acres on Hwy 27

    1940 Tillman Dr, Lake Wales, FL 33859

    Contact for pricing
    728 sqft 3.36 AC lot

    3.36 acres with redevelopment potential, quick access to highways.

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    Corner Development Land with Retail Potential
    Corner Development Land with Retail Potential

    DOHERTY Drive, Lake Wales, FL 33898

    $299,000
    5.73 AC lot

    Corner lot with 381 feet of frontage on SR 60 and access from Doherty Drive for flexible development under ARR zoning.

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    Agricultural Land with Greenhouse Infrastructure
    Agricultural Land with Greenhouse Infrastructure

    3510 WALK IN WATER Road, Lake Wales, FL 33898

    $395,000
    4.99 AC lot

    Nearly complete 2026 CEA greenhouse buildout on nearly five acres, supported by onsite wells, irrigation, and hydroponic systems.

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    7.3 Acres Near US-27
    7.3 Acres Near US-27

    CHALET SUZANNE Rd, Lake Wales, FL 33859

    $1,200,000
    3.99 AC lot

    7.3 acres of commercial land near US-27 in Lake Wales.

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    Residential Development Land Opportunity
    Residential Development Land Opportunity

    TOWNSEND Road, Lake Wales, FL 33859

    $825,000
    24.80 AC lot

    24.82 acres suitable for residential development in Lake Wales.

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    Lakefront Land on Lake Belle
    Lakefront Land on Lake Belle

    1100 PENINSULAR Drive, Lake Wales, FL 33853

    $125,000
    0.64 AC lot

    Lakefront property with over half an acre on Lake Belle.

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    Lakefront Corner Residential Lot
    Lakefront Corner Residential Lot

    6648 CHERRY POCKET Rd, Lake Wales, FL 33898

    $199,900
    0.22 AC lot

    Fully fenced corner lot with frontage on Lake Pierce and mature oak trees, suited for building a home or weekend getaway.

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    LAKE WALES Land For Sale
    LAKE WALES Land For Sale

    3288 MASTERPIECE Road, Lake Wales, FL 33898

    $950,000
    13.95 AC lot

    Nearly 14 acres zoned for PUD community development.

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    Highway-Front Commercial Industrial Land
    Highway-Front Commercial Industrial Land

    27 Highway 27, Lake Wales, FL 33859

    $286,200
    53,384 sqft 1.23 AC lot

    Commercial/industrial parcel with direct U.S. Highway 27 frontage and visibility for a range of development uses.

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    Multi-Parcel Commercial Land Opportunity
    Multi-Parcel Commercial Land Opportunity

    CHALET SUZANNE Road, Lake Wales, FL 33859

    $1,200,000
    3.99 AC lot

    Three commercial land parcels totaling 7.3 acres near major retail corridors, with no HOA in a rural setting.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    104 W CENTRAL Ave, Lake Wales, FL 33853

    $110,000
    0.34 AC lot

    Vacant corner commercial lot on a main downtown thoroughfare, positioned for visibility and convenient access.

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    Waterfront Residential Buildable Lot
    Waterfront Residential Buildable Lot

    valencia, Lake Wales, FL 33855

    $39,000
    1.00 AC lot

    Build up to two homes on a 1+ acre waterfront lot with access to Lake Walk-In-Water in a gated community.

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    River Ranch RV Lot
    River Ranch RV Lot

    231 STALLION Ln, River Ranch, FL 33867

    $115,000
    0.06 AC lot

    Deeded RV lot in River Ranch RV Resort.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    203 EMERALD Avenue, Lake Wales, FL 33853

    $152,000
    0.22 AC lot

    Vacant corner lot with frontage on Emerald Ave and 2nd St, zoned C-2 with utilities available on site.

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    Lake Wales, FL Land Market Trends and Statistics

    Explore 133 land for sale in Lake Wales, FL, showcased through 133 active listings on our real estate platform. These investment opportunities span a total of 56,144 square feet of properties for sale, with an estimated market value of $1,026,200.

    Sale prices for lots in Lake Wales, FL start at $286,200, averaging $513,100, and reaching up to $740,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 39
    Residential land & home lots 36
    Recreation land 29
    Waterfront Land 15
    Hunting land 5

    Demographics Overview

    Population 43K
    Population Growth (5Y) -17.6%
    Median Household Income $52,183
    College Educated 33.0%

    High-Yield Neighborhoods for Investment

    Identify Lake Wales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Indian Lake Estates $9.8K
    Lake Wales $350.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.68%
    Property Tax per SF $27.09 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lake Wales, FL

    • 33898
    • 33859
    • 33853
    • 33867
    • 33855

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