You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

21700 Us Highway 27 Lake Wales, FL 33859

OFF-MARKET Land Google Maps
40 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 40-acre commercial parcel is strategically located on US Highway 27 South in Lake Wales, Florida, offering unparalleled access and visibility. Situated in Polk County, zip code 33859, this unplatted vacant land presents a unique investment opportunity. The property's asking price is $600,000, translating to $15,000 per acre. Its prime location boasts proximity to key infrastructure and residential areas. Less than two miles south of the Lake Wales Mall and State Road 540 West (leading to Winter Haven), it's also conveniently located under two miles from downtown Lake Wales and two miles north of State Road 60, a major east-west Florida connector. The property is surrounded by established communities including Tower Lakes, Tower Point Apartments, and Tower Woods, enhancing its appeal and potential. Across the street from The Vanguard School, an international boarding school, this location provides excellent access to various points throughout Florida. The expansive acreage offers the potential for a single secluded estate or a smaller residential development, incorporating private wooded areas and recreational land. This rare offering presents a unique opportunity for a discerning investor seeking a substantial land holding in a high-growth area. The property's size and location make it ideal for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21700 Us Highway 27?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message