Property profile

19501 Hwy 27 Lake Wales, FL 33853

OFF-MARKET
Turn key restaurants
Property ID
US18-1814623
4,510 SF 0.71 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 4,510 SF
Lot 0.71 ac (31,084 SF)
Zoning code C-3
APN 273003000000021140
UPID US18-1814623

Cap rate & NOI

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

Location

19501 Hwy 27 Lake Wales, FL 33853-2456
Lake Wales metro Census 15500 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$584k
Blend (final) Blend
$405k

Owner & transaction history

since 2025
Last sale
$900,000
6 recorded transactions
2025
$900,000
2022
Price N/A
2004
Price N/A
2002
$500,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Lake Wales, FL
Zoning description

The purpose of C-3 zone is designed to permit the development of commercial areas in groupings on major highways and to allow medium and large-scale commercial establishments and a full range of commercial and profession…

General category COMMERCIAL

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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