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    23279 Us Highway 27 Lake Wales, FL 33859

    • Land
    • 5.70 lot acres
    For Sale
    View listing
    $2,026,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 23279 Us Highway 27

    Lot size
    5.70 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.6168
    Latitude
    27.9503

    Comparable in this City

    • Value Estimation by Request
      0.96 Acres

      23232 Us Highway 27

      Land • 0.96 Acres
      23232 Us Highway 27, Lake Wales, FL 33859
      View Details
    • Value Estimation by Request
      40.00 Acres

      21700 Us Highway 27

      Land • 40.00 Acres
      21700 Us Highway 27, Lake Wales, FL 33859
      View Details
    • Value Estimation by Request
      12.20 Acres

      Us-27

      Land • 12.20 Acres
      0 Us-27, Lake Wales, FL 33859
      View Details
    • Value Estimation by Request
      4.24 Acres

      27 And Peddlers Ln

      Land • 4.24 Acres
      27 And Peddlers Ln, Lake Wales, FL 33859
      View Details
    • Value Estimation by Request
      200.00 Acres

      Chalet Suzanne Rd

      Land • 200.00 Acres
      0 Chalet Suzanne Rd, Lake Wales, FL 33859
      View Details
    • Value Estimation by Request
      12.40 Acres

      Chalet Suzanne Rd

      Land • 12.40 Acres
      0 Chalet Suzanne Rd, Lake Wales, FL 33859
      View Details

    Similar Nearby for Sale

    • $3,000,000
      12.40 Acres

      Lake Wales Commercial Land - $3M

      12.4 Acres, High-Visibility Location
      0 Chalet Suzanne Rd, Lake Wales, FL 33859
      View Details
    • $2,026,500
      5.70 Acres

      23279 Us Highway 27

      Land • 5.70 Acres
      23279 Us Highway 27, Lake Wales, FL 33859
      View Details
    • $5,000,000
      200.00 Acres

      Lake Wales Development Land

      200 acres, mixed-use potential, prime location.
      0 Chalet Suzanne Rd, Lake Wales, FL 33859
      View Details
    • $5,500,000

      Lake Ashton Waterfront Land Parcel

      326 acres with 1,500 feet of Lake Ashton frontage.
      Hwy 27, Lake Wales, FL 33859
      View Details
    • $124,900

      Vacant Land with Utilities

      Vacant land featuring well, septic, and power poles.
      4830 Holopaw St, Lake Wales, FL 33859
      View Details
    • $95,000

      Land For Sale

      Land available for sale in Lake Wales, Florida.
      Jackson St, Lake Wales, FL 33859
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,848 SF

      Lake Wales Commercial Pad Site

      Prime .8-acre retail pad, buildable.
      0 Rdg Mall Rd, Lake Wales, FL 33859
      View Details
    • Contact for pricing

      Lake Wales Buildable Parcel

      Buildable 0.8 acre parcel in Lake Wales, Florida.
      Hwy 27, Lake Wales, FL 33859
      View Details
    • $20 SF/Yr
      1,318 SF

      Retail Space on Highway 27

      Retail space with high visibility and prominent signage available.
      24174 Hwy 27, Lake Wales, FL 33859
      View Details
    • Contact for pricing
      10,500 SF

      Retail & Restaurant Space Available

      400,000± SF retail and restaurant space for lease.
      Hwy 27, Lake Wales, FL 33859
      View Details
    • $24 SF/Yr
      11,760 SF

      Lake Wales Medical Office Building

      Class A medical office, move-in ready.
      23607 Us Highway 27, Lake Wales, FL 33859
      View Details
    • Contact for pricing
      3,655 SF

      Lake Wales Retail Space

      Retail space available for lease in Lake Wales, Florida.
      9 Eagle Ridge Dr, Lake Wales, FL 33859
      View Details
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    23279 Us Highway 27
    Lake Wales, FL 33859
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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