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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Hwy 60 Lake Wales, FL 33853

0.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.57-acre commercial lot is strategically located on State Road 60 in Lake Wales, Florida (APN: 28-30-06-000000-024020), offering unparalleled visibility and accessibility. Boasting approximately 125 feet of frontage on this major east-west highway connecting Florida's coasts, the property is zoned C-3 Highway Commercial, allowing for a diverse range of retail uses. The asking price is $189,000, translating to $331,579 per acre. This prime location benefits from its proximity to established businesses including Walmart, Walgreens, McDonald's, and Publix, ensuring high traffic volume and customer exposure. The property sits within Polk County, one of the nation's fastest-growing counties, presenting a significant opportunity for future appreciation. Its ideal characteristics make it particularly suitable for quick-service restaurants or drive-thru establishments. This is a rare opportunity to acquire a highly visible and well-situated commercial lot in a thriving market. The property's location within a rapidly developing area further enhances its investment potential. This is an exceptional opportunity for investors seeking high-traffic exposure and strong growth potential. The property is situated at 0 Hwy 60 E, Lake Wales, FL 33853.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.57 ac (24,829 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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