1401 Resmondo Dr, Lake Wales, FL 33853-3635
This exceptional commercial property in Lake Wales, Florida, offers 12,000 square feet of versatile space ideally suited for a variety of industrial uses. Situated on 1.6 acres, the property comprises two single-story buildings constructed in 2006. The zoning is LCI (Light Commercial Industrial), allowing for flexibility in tenant operations. One available unit features 3,000 square feet, three roll-up garage doors for convenient loading and unloading, a bathroom, and allocated parking within a shared building. The property boasts a strategic location near Highways 60 and 27, providing easy access to surrounding areas. The property's single-phase power is suitable for various light industrial applications, including light manufacturing, distribution, storage, warehousing, and office space. Additional units of varying sizes are also available. This prime location and flexible space make this an excellent opportunity for businesses seeking a functional and accessible industrial property in a growing market. The property's versatility and convenient location make it an attractive option for a wide range of businesses. Don't miss this chance to secure your ideal industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.