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Lake Wales Storage Development Opportunity
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900 STATE RD 60 W, Lake Wales, FL 33853

Self-storage development opportunity in Lake Wales, Florida.

Property SizeContact for details
Days on Market91

Property Features for 900 STATE RD 60 W

General Information

Standard status Active
Property subtype Self Storage

Building Details

Stories 1
Units 1
Listing Agency: Lindsey Self Storage
Listed By: Matthew Rosendale · License #SC 130383
Source: Crexi
Added: May 15 Changed: Aug 8 Last Checked: Aug 12 at 12:34PM

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 Lindsey Self Storage

Investment Insights

Based on property information with market context.

The Lake Wales Storage Development presents an opportunity to capitalize on residential growth and increasing demand for storage solutions. The project has completed zoning and pre-approval, reducing entitlement risk and streamlining development. The next phase involves submitting engineered site plans for final municipal approval. Designed as a bi-level facility, it eliminates the need for elevators, reducing construction and maintenance costs while improving operational efficiency and customer accessibility. The site is positioned within a rapidly expanding corridor, benefiting from a population base exceeding 30,000 residents within a five-mile radius, with projected growth expected. Over $2.5 billion in surrounding housing development activity is planned or underway within the immediate trade area, supporting long-term demand for self-storage. The project is positioned to serve new and existing residents seeking convenient, high-quality storage options in a growing Central Florida community. The intended use of the property is for self-storage facilities.

Key Highlights

  • Approved zoning and pre‑approval significantly reduces entitlement risk and streamlines development.
  • Located in a rapidly expanding corridor with a population exceeding 30,000 within a five‑mile radius.
  • Over $2.5 billion in surrounding housing development activity planned or underway.

Property Analytics

Current Use

Taqueria La Michuacana ... Restaurant Taqueria food truck Restaurant Chevron Gas Station Athena Bitcoin ATM Crypto Atm

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office HVAC Service Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 33853, FL

12,404
Population
5,483
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
8.7 sq mi
ZIP Area
1,426
Density / Sq Mi
$40,938
Median Household Income
$35,470
Median Earnings
$965
Median Rent
$198,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self-storage development opportunity in Lake Wales, Florida.
Where is this self storage facility located?
The property is located at 900 STATE RD 60 W Lake Wales, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approved zoning and pre‑approval significantly reduces entitlement risk and streamlines development.; Located in a rapidly expanding corridor with a population exceeding 30,000 within a five‑mile radius.; Over $2.5 billion in surrounding housing development activity planned or underway.
More about this property
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