612 State Road 60 W Lake Wales, FL 33853
This exceptional 3,288-square-foot retail space, located at 612 E State Rd 60 in Lake Wales, Florida, presents a unique opportunity for a discerning business owner. Situated on a 0.45-acre lot, this single-tenant building boasts ample parking with 26 spaces, ensuring convenient access for customers. The property is zoned C-3 (Highway Commercial), ideal for a variety of commercial uses, particularly restaurants given its previous use as a Popeye's. The entire 3,288 square feet is currently vacant and ready for immediate occupancy. The building's location on State Road 60 provides excellent visibility and accessibility, guaranteeing high traffic volume. This property is situated in Polk County, Florida, with a zip code of 33853. The convenient location and ample parking make this a highly desirable space for a restaurant or other commercial enterprise seeking a strong presence in a busy area. The property's size and zoning offer flexibility for various business models. This is a rare opportunity to secure a well-located, spacious commercial building in a thriving community. Don't miss out on this chance to establish your business in a prime location.
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Popeyes Louisiana Kitchen Restaurant
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Arby's Restaurant Take-out & Catering
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 professional use
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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Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Lake Wales, FLThe 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 professional use
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.