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Property profile

1970 E State Road 60 Lake Wales, FL 33853

FOR SALE
Outlet malls
Property ID
US18-3377957
95,964 SF 9.85 ac lot Built 1994
Last sale Jan 2006 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 0.5-acre outparcel presents a remarkable investment opportunity in Lake Wales, Florida. Strategically located within the thriving East Gate shopping center, this property benefits from its proximity to a successful Rural King store and a Winn-Dixie supermarket, ensuring high visibility and consistent foot traffic. The site enjoys exceptional daily traffic counts exceeding 20,000 vehicles on SR 60, providing unparalleled exposure for any business. The surrounding area boasts…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$58k
Tax billed · 2023
Assessed value$2.67M
Assessed land$665k
Assessed improvement$2.01M
Effective rate2.16%

Value estimate

· Oct 2026
$3.73M
$3.35M – $4.10M
AI approach$4.25M
Submarket $/SF estimate$4.76M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$71/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$50 – $103

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.1
Law Firm15.1
Dental Office13.4

Location

1970 E State Road 60 Lake Wales, FL 33853
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

15 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
4 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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