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0 Rdg Mall Rd Lake Wales, FL 33859

OFF-MARKET Retail properties & Spaces Google Maps
Estimated value
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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