Current Use by Public Records
- Hampton Inn & Suites Lake Wales / Hotel & Motel
- Panera Bread / Bakery / Specialty Food Shop
Property Details for 22900 Us Highway 27
- Lot size
- 1.10 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 1.1-acre commercial land parcel, located at 22900 US Hwy 27 in Lake Wales, Florida (APN 272921000000014010), presents a prime opportunity for restaurant or retail development. Priced at $1,100,000 ($106.25/sq ft), this property boasts unparalleled visibility on a high-traffic stretch of Highway 27, offering excellent exposure to a large customer base. The site is ideally situated adjacent to the Hampton Inn & Suites and the new Slim Chickens restaurant, ensuring high foot traffic and brand synergy. Its proximity to other national retailers such as Publix, Lowe's, and Home Depot further enhances its desirability. This location benefits from the highest vehicle per day count in Lake Wales, guaranteeing significant potential for business success. The property is serviced by City of Lake Wales water and sewer, and Duke Energy provides electricity. The seller is open to collaborating with national tenant developers, corporate quick-service restaurants (QSRs), or franchisees, and will consider financing or constructing a building to meet specific tenant requirements, with a subsequent lease agreement. This turnkey solution minimizes upfront investment for potential buyers, making this an attractive proposition for those seeking a high-return investment in a thriving commercial corridor. Don't miss this chance to secure a premier location in a rapidly growing market.
Value Estimations
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AI approach
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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
- -81.617
- Latitude
- 27.9471
