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Property profile & analytics
OFF-MARKET
Office Spaces

23607 Us Highway 27 Lake Wales, FL 33859

11,760 SF 0.46 ac lot Built 2013
Property ID
Property summary
AI-generated overview

This exceptional Class A, two-story medical office building in Lake Wales, Florida, offers 11,760 square feet of space, currently entirely vacant and ready for immediate occupancy. Built in 2013, the property features two suites, with a minimum divisible space of 5,022 square feet and a maximum contiguous space of 11,760 square feet. The building boasts substantial medical interior renovations, creating a turnkey solution for medical practices. Located at 23607 US Hwy 27, the building benefits from direct highway access, high visibility with 47,500 AADT, and a shared access with Wawa at a signalized intersection. Its strategic location is close to AdventHealth Lake Wales and provides easy access to major arteries like FL-60 and FL-17 S, serving surrounding trade areas. The comprehensive medical buildout includes numerous exam rooms, procedure rooms, a surgery room, patient and staff restrooms, physician offices, a staff lounge, file room, and a large reception and waiting area. Building façade signage is available. The 0.46-acre lot provides ample parking with a 5/1000 ratio. The property is zoned C-3 and situated in Polk County, Florida, zip code 33859.

Property profile
Verified
Property type Office Spaces
Year built 2013
Total area 11,760 SF
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shield Medical Group - Lake Wales Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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