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Property profile & analytics
OFF-MARKET
Office Spaces

23607 Us-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, 11,760 square-foot medical office building is available for $3,500,000 ($297.62/sq ft). Located in Lake Wales, Florida, at 23607 US-27 (zip code 33859), this two-story, 2013-built property sits on a 0.46-acre lot zoned C-3. The building boasts substantial medical interior renovations, making it move-in ready. Enjoy direct access to Highway 27, benefiting from a high average annual daily traffic count of 47,500 vehicles, and shared access with a Wawa at a signalized intersection. Its strategic location offers excellent proximity to AdventHealth Lake Wales and is conveniently situated within five miles of major roadways FL-60 and FL-17 S, providing easy access to surrounding areas. The extensive medical build-out includes sizable exam rooms, procedure rooms, a surgery room, patient restrooms, physician offices, a staff lounge with a private restroom, a file room, and a large reception and waiting area. Building façade signage opportunities are also available. This vacant property presents a unique investment opportunity in a thriving medical market. The property consists of one building with two units.

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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