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Property profile & analytics
OFF-MARKET Estimated value $1,695,000
Strip malls

2010 Sam Walton Way Lake Wales, FL 33898-5185

14,060 SF 1.42 ac lot Built 2001
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US18-3992501
Property summary
AI-generated overview

This exceptional retail opportunity is located at 2010 Sam Walton Wy, Lake Wales, FL 33898, in a vibrant shopping center situated along HWY 60. The property is a Class B strip center with multiple tenants, offering a strong existing tenant mix including Hunger Howies, H&R Block, and Hibachi Express. This "Walmart shadow center" benefits from significant visibility and high traffic counts due to its proximity to a major retailer. One retail space is currently available, measuring 1,125 square feet. The property is located in Polk County and offers excellent potential for businesses seeking a high-traffic location with established customer flow. The address is easily accessible from HWY 60, ensuring high visibility and convenient access for customers. This space presents a unique opportunity to establish or expand a business in a thriving retail environment. The property's location within a well-established shopping center provides a built-in customer base and synergistic opportunities with existing tenants. The available space is ideal for a variety of retail uses, offering a flexible layout and ample space for business operations. Serious inquiries are encouraged to explore this promising retail investment. The property's APN is HWY 60.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 14,060 SF
Lot 1.42 ac (61,725 SF)
APN 283007940853000040
UPID US18-3992501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hibachi Express Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M
Owner & transaction history
Lake Wales Corners LLC · 14 yrs held
Lake Wales Corners LLC
since 2011
4 recorded transactions
2011
$1.1M
2009
Price N/A
2004
$2.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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