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    Rdg Mall Rd Lake Wales, FL 33859

    Sponsored
    For Lease
    Contact for pricing

    Prime .8-acre retail pad, buildable.

    Lot size:
    34,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property presents a rare opportunity for development in the thriving Lake Wales market. Located in a Lowe's shadow-anchored location, this .8-acre pad site offers significant potential for a variety of retail uses. The property is currently vacant, providing a clean slate for a new construction project. With a total vacant land area of 34,848 square feet, there is ample space to accommodate a substantial building. The single-tenant designation allows for streamlined development and management. The site's strategic location within Polk County ensures high visibility and accessibility, making it an ideal location for businesses seeking to capitalize on the area's growing economy and strong consumer base. This is a turnkey opportunity for developers looking to establish a new retail presence in a high-traffic area. The property's size and location make it suitable for a variety of retail concepts, from fast-casual restaurants to smaller retail stores. The existing Lowe's anchor provides a strong draw for customers, further enhancing the site's appeal. This is a unique chance to acquire a prime commercial pad site in a desirable location. Act quickly to secure this exceptional investment opportunity. All utilities are available at the site.

    Property Features for 0 Rdg Mall Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,848 SF

    Unit(s) available at that property

    Space
    Suite K1
    Size
    34,848 SF

    HighLights

    • Retail and land opportunity in Polk County.
    • Single‑tenant pad site available for development.
    • 0.8‑acre lot.
    • 34,848 square feet of vacant land.
    • Shadow‑anchored by Lowe's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.615596
    Latitude
    27.94861

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    FAQs

    What type of property is this?
    Individual retail property - Prime .8-acre retail pad, buildable.
    Where is this individual retail property located?
    The property is located at Rdg Mall Rd Lake Wales, FL.
    What are key features of this property?
    This property features: Retail and land opportunity in Polk County.; Single-tenant pad site available for development.; 0.8-acre lot.
    Request Owner's contact information
    Rdg Mall Rd 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
    Rdg Mall Rd Lake Wales, FL 33859
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