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    620 Dr M L King Jr Blvd. Ln Lake Wales, FL 33853

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    For Sale
    $225,000

    Corner lot industrial property near Downtown Lake Wales and industrial plant.

    Lot size:
    0.34 Acres

    Property Features for 620 Dr M L King Jr Blvd. Ln

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1945

    Source: NH REALTY GROUP Agent Natalie Hawthorne

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

    Overview

    Gated Industrial Property in Lake Wales

    This gated industrial property is located on a corner lot in Historic Lake Wales, minutes from Downtown Lake Wales and near a major industrial plant. The property's location offers access to major routes and business hubs. The area is undergoing revitalization, making it an investment opportunity for businesses looking to establish themselves in a growing market.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.4384
    Latitude
    27.8661

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    FAQs

    What type of property is this?
    Industrial property - Corner lot industrial property near Downtown Lake Wales and industrial plant.
    Where is this industrial property located?
    The property is located at 620 Dr M L King Jr Blvd. Ln Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Prime corner lot location in Historic Lake Wales.; - Gated industrial property for added security.; - Minutes from Downtown Lake Wales.
    (281) 570-5798
    Request Owner's contact information
    620 Dr M L King Jr Blvd. Ln 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
    620 Dr M L King Jr Blvd. Ln Lake Wales, FL 33853
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