14571 US-27, Lake Wales, FL 33859
1,152 SF building on US Hwy 27, Lake Wales.
- Added:
- Jan 19, 2025
- Days on Market:
- 524
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 14571 US-27
General Information
- Standard status
- Active
- Size
- 1,152 SF
- Property subtype
- Mixed Use, Office, Retail
Listing office Cushman & Wakefield - Orlando, Florida
Listing date Jan 19, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Orlando, Florida
HighLights
- Located on US Hwy 27, the major thoroughfare of Lake Wales.
- 1,152 square foot building suitable for restaurant or retail.
- Adjacent parcel to a Circle K.
- Full access to US Hwy 27.
- Suitable for a sit‑down restaurant or bar (per restriction a).
- Space for vending machines (per restriction a).
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.4k | $18.60 |
| − Vacancy | −$1.5k | −$1.26 |
| EGI | $20.0k | $17.34 |
| − OpEx | −$5.0k | −$4.33 |
| NOI | $15.0k | $13.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5894504
- Latitude
- 27.8326368
