19254 Us Highway 27 Lake Wales, FL 33853
- Retail properties
- 3,770 SF
- 0.36 lot acres
Current Use by Public Records
- Retail properties
Property Details for 19254 Us Highway 27
- Year built
- 1958
- Lot size
- 0.36 lot acres
- Property size
- 3,770 SF
- Property type
- Retail properties
- Property subtype
- Gas stations
Description
This vacant, distressed commercial property in Lake Wales, Florida, presents a unique investment opportunity. Located on US Highway 27, this 0.36-acre lot features a 3,770 square foot building constructed in 1958. Currently zoned for service stations (026- Service Station), the property offers significant versatility for various commercial uses. The building, with a heated area of 3,770 square feet, provides ample space for a range of businesses. Its prime location on a major highway ensures high visibility and accessibility, maximizing exposure to a substantial daily traffic volume. The asking price is $499,000, translating to $132.36 per square foot. This represents a compelling opportunity to acquire a well-positioned commercial asset with considerable redevelopment potential in a growing Florida market. The property consists of one single-story building and is currently vacant. Its historical context, combined with its strategic location, makes it an attractive prospect for entrepreneurs and investors seeking a high-traffic location with redevelopment potential. The property's APN is 273003911000004010.
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
- -81.6004
- Latitude
- 27.8964
