4025 State Rd 60th W, Lake Wales, FL 33859-8297
This exceptional investment opportunity presents a 273,384-square-foot Class B industrial warehouse situated on a 50.95-acre lot in Lake Wales, Florida. Built in 1985 and extensively renovated in 2018, this property boasts six buildings and features ten dock-high doors, facilitating efficient loading and unloading. The warehouse benefits from a strategic location on State Road 60 E, providing convenient access to major transportation arteries including US Highway 27, 17, I-95, and Florida's Turnpike. Its GI/IND zoning permits a variety of uses, making it suitable for manufacturing, distribution, or agricultural support operations. Modern amenities include updated LED lighting, a comprehensive 256,000-gallon fire suppression sprinkler system, fiber optics, and a 100-ton compressed air system. Further enhancing its functionality are two rail spurs and a robust power supply of 3-phase, 480 Volts, 4600 Amps. The property also includes 380 tons of water chilling capacity, two chillers, five roof fans, and ample outdoor storage. Column spacing is 40' x 50'. The roof was repaired in 2018. This property is ideally positioned to serve the entire Southeast United States, benefiting from Polk County's robust growth and a highly skilled workforce in close proximity to Orlando and Tampa. The asking price is $23,850,000, translating to $87.24 per square foot. The APN is 27-30-06-000000-014020.
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Fence Outlet MDC Building Supply Big Box & Wholesale Store
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
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