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    16110 Hwy 27 Lake Wales, FL 33859

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    For Lease
    $41,808

    High-visibility commercial property on US Highway 27 available for lease.

    Lot size:
    0.51 Acres

    Property Features for 16110 Hwy 27

    General Information

    Lot size
    0.51 Acres

    Building Details

    Year built
    1976

    Source: CROSBY & ASSOCIATES, INC. Agent Lorena Alvarez Cordero

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

    Overview

    Highway 27 Commercial Property

    This high-visibility commercial property is located directly on US Highway 27. The property features 3,216 square feet of office space situated on a 0.51-acre parcel that is fully fenced. Existing greenhouse infrastructure is present on the property. The property is suitable for retail, warehouse, landscaping supply, agricultural operations, or contractor yard use. An additional 2,800-square-foot warehouse may also be available for lease. The ownership is open to tenant improvements and will work with users to adapt the space for retail, commercial, or warehouse configurations. The location offers excellent access, strong traffic counts, and growth potential in a rapidly expanding corridor just south of Lake Wales.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Pharmacy Department Store Kitchen & Bath Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.588116
    Latitude
    27.854623

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial property on US Highway 27 available for lease.
    Where is this retail space located?
    The property is located at 16110 Hwy 27 Lake Wales, FL.
    What are key features of this property?
    This property features: - High-visibility location directly on US Highway 27.; - 3,216 SF office space on a fully fenced .51 acre parcel.; - Suitable for retail, warehouse, landscaping supply, agricultural operations, or contractor yard use.
    (863) 412-9288
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    16110 Hwy 27 Lake Wales, FL 33859
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    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
    16110 Hwy 27 Lake Wales, FL 33859
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