$5,400,000
Active21280 Hwy 27, Lake Wales, FL 33859
5,400 sq ft
Listing courtesy of GULF COAST EXECUTIVE REALTY Β· MLS# W7890168
1 day on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
Exceptional commercial real estate opportunity offering a unique combination of improved property and substantial acreage. This versatile property features multiple existing buildings situated on a spacious tract of land, providing flexibility for a variety of commercial, investment, or redevelopment opportunities. The property is zoned Limited Commercial Industrial (LCI) by the city of Lake Wales. Permitted use include: Construction support-light & heavy, laboratory, research, landscaping service, mini-storage, professional, public facilities, farming, crop or nursery, catering facility, food processing, health service, hospitals, veterinary, animal hospital, assembly & fabrication, laundry & dry cleaning, warehouse, auto rental, auto dealer, auto parking, recreational vehicle, mobile home, or boat dealers. The property's feature building is the complete auto dealership and includes approximately 11,876 SF of gross building area; 5,400 SF is finished office/showroom space, the remainder is a mix of garage, storage, and auto service area. Thereβs an additional 2,344 SF of canopies and an additional 4,125 SF service department in the rear. The interior front of the building features an open showroom and offices, the rear houses the shop and service department area and was remodeled in 2004. All of the out-buildings have electricity and water. Other site improvements include approximately 50,000 SF of concrete paving as well as signage typical of auto dealerships. The property has approximately 10.96 acres with total developable area is approximately 9.69 acres. 1.27 acres is submerged, low or inaccessible
Facts
- Property type
- Mixed Use
- Year built
- 1989
- Flood zone
- X
- Annual taxes
- $23,924/yr
- Listed
- Oct 7, 2026
- MLS #
- W7890168
Commercial details
Building & site
- Building size
- 11,876 SF
- Lot size
- 11 acres (477,417 SF)
- Zoning
- XX
- Road frontage
- Highway
- Buildings
- 3
Investor metrics
- Price per SF (MLS)
- $454.70/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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21280 Hwy 27, Lake Wales, FL 33859
Listing courtesy of GULF COAST EXECUTIVE REALTY Β· MLS# W7890168 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
