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Lasbury Tracy Realty Inc
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$5,400,000

Active

21280 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 listing’s 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. There’s 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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Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

21280 Hwy 27, Lake Wales, FL 33859

Listing courtesy of GULF COAST EXECUTIVE REALTY Β· MLS# W7890168 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Fri, Oct 9 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 8, 2026, 5:14 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]