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    126 State Road 60 W Lake Wales, FL 33853

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    For Sale
    $3,499,000

    1.95 acre retail property with redevelopment potential on Hwy 60.

    Property size:
    19,931 SF
    Lot size:
    1.17 Acres

    Property Features for 126 State Road 60 W

    General Information

    Size
    19,931 SF
    Lot size
    1.17 Acres

    Source: Saunders Real Estate, LLC Agent R. Todd Danztler, CCIM

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

    Overview

    Prime Retail Opportunity on Hwy 60

    This property, totaling approximately 1.95 acres, is located on Highway 60, east of US 27. The site currently hosts a freestanding Badcock & More furniture store, which is closing soon, and a small rental house situated behind the store. An auto parts store is located adjacent to the property on the east side. The property includes excess land behind the existing store, offering opportunities for additional parking or expansion.
    Insight Report Location Intelligence

    Current Use by Public Records

    Badcock Home Furniture ... Home Goods Store bealls Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Dawns Flower Patch, The party concierge

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.5926387
    Latitude
    27.8971528

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    FAQs

    What type of property is this?
    Storefront property - 1.95 acre retail property with redevelopment potential on Hwy 60.
    Where is this storefront property located?
    The property is located at 126 State Road 60 W Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $3,499,000.
    What are key features of this property?
    This property features: - High-visibility location on Hwy 60, east of US 27.; - Large 1.95 ± acre property consisting of four parcels.; - Includes a free-standing building formerly occupied by Badcock & More furniture store.
    (863) 287-3586
    Request Owner's contact information
    126 State Road 60 W 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

    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
    126 State Road 60 W Lake Wales, FL 33853
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