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    24174 Hwy 27 Lake Wales, FL 33859

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    For Lease
    $20 SF/Yr ($2,251 /Mo)

    Retail space with high visibility and prominent signage available.

    Property size:
    1,318 SF
    Lot size:
    1.59 Acres

    Property Features for 24174 Hwy 27

    General Information

    Size
    1,318 SF
    Lot size
    1.59 Acres

    Source: Hold Thyssen Inc - Corporate Agent Kira Kreke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Highway 27

    Available for lease is a 2,775 square feet retail space located on a pronounced end-cap, which can be subdivided into two spaces measuring 1,318 square feet and 1,457 square feet. The property benefits from excellent visibility along Highway 27 and is conveniently situated within minutes of major retailers and services. National tenants in the vicinity include Batteries Plus, T-Mobile, AutoZone, and Domino’s. Prominent pylon signage is available. The location experiences a traffic count of 40,000 AADT on Highway 27.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.623722
    Latitude
    27.958766

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high visibility and prominent signage available.
    Where is this strip mall located?
    The property is located at 24174 Hwy 27 Lake Wales, FL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility on Highway 27.; - High traffic count of 40,000 AADT on Hwy 27.; - Located within minutes of major retailers and services.
    (816) 719-0056
    Request Owner's contact information
    24174 Hwy 27 Lake Wales, FL 33859
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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
    24174 Hwy 27 Lake Wales, FL 33859
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