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    23250 Hwy 27 Lake Wales, FL 33859

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    For Sale
    $650,000

    0.75-acre commercial land with excellent visibility and accessibility.

    Lot size:
    0.75 Acres

    Property Features for 23250 Hwy 27

    General Information

    Lot size
    0.75 Acres

    Source: Saunders Real Estate, LLC Agent Sid Bhatt

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

    Overview

    Prime Highway Commercial Parcel

    This 0.75-acre commercial parcel is located along Highway 27, offering visibility and accessibility. It is the last remaining parcel on a newly developed thoroughfare, presenting a development opportunity. The C-3 Highway Commercial zoning allows for a range of commercial uses. The property is located along Highway 27 in Lake Wales, 0.5 miles south of Thompson Nursery/Chalet Suzanne Road and 3.8 miles north of the Highway 60 interchange. It is positioned within a rapidly developing area of Lake Wales. Adjacent retailers include Starbucks, Chipotle, Slim Chickens, Hampton Inn, and Pinnacle Self Storage.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.617316
    Latitude
    27.947942

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    FAQs

    What type of property is this?
    Commercial land - 0.75-acre commercial land with excellent visibility and accessibility.
    Where is this commercial land located?
    The property is located at 23250 Hwy 27 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 0.75-acre commercial parcel on Highway 27.; - Excellent visibility and accessibility.; - Last remaining parcel on a newly developed thoroughfare.
    (704) 930-8179
    Request Owner's contact information
    23250 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
    23250 Hwy 27 Lake Wales, FL 33859
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