Us-27 Lake Wales, FL 33859
- Land
- 12.20 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-27
- Lot size
- 12.20 lot acres
- Property type
- Land
Description
This exceptional 12.2-acre commercial land parcel presents a remarkable investment opportunity in Lake Wales, Florida. Strategically located on US Highway 27, this property boasts 400 feet of frontage, ensuring unparalleled visibility and accessibility for any commercial venture. The high traffic count of 41,000 AADT guarantees significant exposure to potential customers. Zoned Limited Commercial Industrial (LCI) by the City of Wales, the property allows for a wide range of commercial and retail uses. The site features an estimated 2.5 to 3.0 acres of uplands, providing ample buildable space. Its prime location is directly opposite the substantial 6,100-unit Peace Crossing development, offering immediate access to a large and growing residential population. Further enhancing its appeal is a convenient left-turn median cut providing easy access from US Highway 27. The property is situated just half a mile south of Eagle Ridge Mall, adding to its strategic location within a thriving commercial corridor. Priced at $900,000, or $73,770 per acre, this land represents an exceptional value for developers and investors seeking a high-impact location in a rapidly growing area. Don't miss this chance to secure a prominent position on one of Florida's busiest highways.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.5995
- Latitude
- 27.8855
