2505 State Rd 60th E Lake Wales, FL 33898-5124
This exceptional commercial property, located at 2505 State Rd 60 in Lake Wales, Florida, offers three available office suites ranging from 550 to 2,638 square feet within a 4,448 square foot building. The property is ideally situated adjacent to a Walmart Supercenter, providing unparalleled visibility and access to high traffic volume on State Road 60, averaging 24,000 vehicles daily. The versatile space is suitable for various office uses, including traditional, executive, coworking, medical, and creative office setups. Its multi-tenant configuration allows for flexibility in lease terms and space requirements. The location benefits from proximity to other major retailers such as Winn-Dixie, Rural King, Walgreens, Wendy's, Taco Bell, and McDonald's, ensuring high foot traffic and customer convenience. Furthermore, significant residential growth is anticipated in Lake Wales, with over 15,660 new homes approved, projecting a substantial population increase. This presents a unique opportunity for businesses to establish themselves in a rapidly expanding market with exceptional visibility and accessibility. The property is located in Polk County, Florida, zip code 33898.
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E & G Commercial Doors Co. Hardware & Home Improvement Production Facility
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Brentwood Garage Doors Svc. Building Supply General Contractor
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E&G Garage Doors Inc Building Supply General Contractor
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
C-3 · Lake Wales, FLLake Wales. Always verify with local authorities before improvements.
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.