223 Bullard Ave Lake Wales, FL 33853
This exceptional 1.31-acre commercial land parcel, located at 223 W Bullard Ave, Lake Wales, FL 33853, presents a compelling investment opportunity. Priced at $499,000, this fee-simple property boasts a prime location between Highway 60 and Bullard Avenue, enjoying high visibility and accessibility. The property consists of five parcels totaling 57,005 square feet within the Twin Lake Park subdivision, zoned PF, allowing for diverse commercial uses including residential offices, business parks, and general commercial development. Its strategic position benefits from a significant daily traffic count of 26,500 vehicles. The site's adjacency to Manny's Chophouse further enhances its appeal. City water and sewer are readily available, simplifying infrastructure needs. This offering represents a rare chance to acquire a substantial commercial lot in a thriving area of Lake Wales, providing ample space for a variety of development projects. The property's location on a major highway ensures excellent exposure and convenient access from both Highway 60 and Bullard Avenue. This is an ideal opportunity for investors and entrepreneurs seeking a high-traffic location for their commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.