Property profile

126 State Road 60 W Lake Wales, FL 33853

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US18-4717846
18,218 SF 1.17 ac Built 1988
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.
Market Trends Soon

Property summary

AI-generated overview

The property is an industrial facility with a total area of 17,600 square feet, located on State Road 60 West in Lake Wales, Florida. It is situated approximately 187 feet on the right side of the roadway at the described access point following directions via Hesperides Road and FL-60.

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?
$26k
Tax billed · 2023
Assessed value$1.27M
Assessed land$194k
Assessed improvement$1.08M
Effective rate2.04%

Value estimate

· Nov 2026
$1.88M
$1.69M – $2.07M
Submarket $/SF estimate$1.74M
NOI build-up
Gross scheduled income$335k
Vacancy & credit loss−$26k
Operating expenses−$93k
NOI · 9.03% cap applied$216k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
9.03%
$216k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2R3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.8
Bakery8.3
Storage Facility8.3

Location

126 State Road 60 W Lake Wales, FL 33853
County assessor Recorded deeds · 11 transfers 3 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Central, Lake Wales, FL 33853-4016 $3,415,200 Mar 2025 5,137 SF
247 Stuart, Lake Wales, FL 33853-3712 $320,000 Oct 2024 4,388 SF
105 Stuart, Lake Wales, FL 33853-4127 $320,000 Jun 2023 3,900 SF
224 Stuart, Lake Wales, FL 33853-3713 $325,000 Mar 2023 3,600 SF
125 Stuart, Lake Wales, FL 33853-4127 $300,000 Oct 2022 4,140 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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