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1750 Longleaf Blvd Lake Wales, FL 33859-2504

OFF-MARKET Industrial properties Google Maps
10,875 SF 0 ac lot Built 2006
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$380k
Range $342k – $418k (±10%)
Property ID US18-7240920

Property summary

AI-generated overview

This exceptional 5,400-square-foot flex space, part of a larger 50,000-square-foot multi-tenant industrial building in Lake Wales, Florida, presents a unique opportunity. Located at 1750 Longleaf Blvd, this single-story, Class B building boasts 23-foot ceilings and offers versatile space suitable for manufacturing, warehousing, distribution, or R&D. Built in 2006 and renovated in 2017, the property exceeds current building codes and includes a new roof and a complete sprinkler system. The space features two drive-in bay doors with accompanying man doors, allowing for easy division into two 2,700-square-foot units if needed. The property offers ample parking (100 spaces) and three drive-in doors, in addition to two loading docks and two dock-high doors. Three-phase power is available. The building enjoys a prime location on US27, across from a Love's truck stop, and is conveniently close to CSX railways. The property is zoned industrial and is part of a thriving industrial complex, currently home to established corporate tenants such as True Green, City Electric, and the Florida State Fire Marshal. This is a rare chance to secure one of the last large available spaces in Lake Wales, offering the potential for customization to meet specific business needs. The 4-acre site provides excellent frontage on US27 (500 feet).

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,875 SF
Lot 0 ac (109 SF)
APN 273014927043000010
UPID US18-7240920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Electrical Service
  • Landscaping
  • Physician
  • Physician
  • Fire Station

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
$800k
Comparable Approach Comparable
$678k
Blend (final) Blend
$380k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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