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    724 Masterpiece Rd Lake Wales, FL 33898

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    For Sale
    Contact for pricing

    154-acre mixed-use development opportunity in Lake Wales, Florida.

    Lot size:
    154.00 Acres

    Property Features for 724 Masterpiece Rd

    General Information

    Lot size
    154.00 Acres

    Source: Crosby & Associates, Inc. Agent Lorena Alvarez Cordero

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

    Overview

    Valencia Hills Mixed-Use Development

    This is a mixed-use development opportunity located in Lake Wales, Florida. The fully entitled project spans approximately 154 acres. The site is a PDP shovel-ready project with immediate access to key transportation routes and retail hubs.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Hair Salon Pharmacy Hotel & Motel Department Store HVAC Service Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.583397
    Latitude
    27.961607

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    FAQs

    What type of property is this?
    Land - 154-acre mixed-use development opportunity in Lake Wales, Florida.
    Where is this land located?
    The property is located at 724 Masterpiece Rd Lake Wales, FL.
    What are key features of this property?
    This property features: - Fully entitled, PDP shovel-ready project.; - Approximately 154 +/- acres.; - Premier mixed-use development opportunity.
    (863) 412-9288
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    724 Masterpiece Rd Lake Wales, FL 33898
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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
    724 Masterpiece Rd Lake Wales, FL 33898
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