758 Scenic Hwy Babson Park, FL 33827-8719
This exceptional 1.48-acre commercial property, located at 758 Scenic Highway North in Babson Park, Florida (zip code 33827), presents a unique investment opportunity. The property encompasses 7,980 square feet of land and is ideally situated just south of Webber International University's entrance, offering high visibility and convenient access. Its strategic location next to the Polk County Fire Rescue station ensures a high traffic count and prominent presence. The property benefits from a recently resealed and restriped parking lot. The area is experiencing significant growth with numerous new homes under development, promising increased foot traffic and potential for future development. This property is currently configured as a retail strip center with below-market rents, presenting a substantial opportunity for increased revenue. The seller is motivated and ready to retire, making this a compelling opportunity for a discerning investor. The property's location between Lake Wales and Frostproof further enhances its accessibility and market appeal. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Polk County.
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Babson Park's Family Barbershop Barber Shop
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
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.