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23700 U.S. 27 Hwy - Hwy 27- 4.1 acres - SALE or LEASE 4.08 Acres of Commercial Land Offered at $5,046,125 CAD in Lake Wales, FL 33859

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INVESTMENT HIGHLIGHTS

  • Strategic location between Winter Haven and Lake Wales
  • Surrounded by top national restaurant and retail brands
  • Room to stretch your legs and relax your design constraints with this spacious 4-acre property.
  • Dual access from Hwy 27 and Thompson Nursery Road

EXECUTIVE SUMMARY

Situated at the high-traffic intersection of U.S. Highway 27 and Thompson Nursery Road, this 4.1-acre site offers a rare opportunity to capitalize on one of Central Florida’s fastest-growing corridors. Located on the border of Winter Haven and Lake Wales, two thriving cities experiencing rapid residential and commercial expansion, the property benefits from both independent and shared access to major thoroughfares, ensuring exceptional visibility and connectivity.
This property is for sale or lease, with leasing being the preferred option.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,046,125 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Bank
  • Bar
  • Carwash
  • Department Store
  • Drugstore
  • Fast Food
  • Healthcare
  • Health Club
  • Hold For Development
  • Hotel
  • Medical
  • Parking Garage
  • Police or Fire Station
  • Post Office
  • Research and Development
  • Regional Mall
  • Restaurant
  • Self Storage
  • Service Station
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Trailer or Camper Park
  • Utility Substation
Total Lot Size 4.08 AC
Zoning Regional Activity Center - Shopping centers, other regional attractors, and community facilities-

1 LOT AVAILABLE

Lot

Price $5,046,125 CAD
Price Per AC $1,236,795.39 CAD
Lot Size 4.08 AC

Two lots totaling 4.1 acres, with independent and shared access to Hwy 27 and Thompson Nursery Road. The back side (west lot) includes 2.9 acres low grade wetlands that, according to staff, could probably be released from wetland constraints.

DESCRIPTION

This property, located on the border of two dynamic and growing cities (Winter Haven and Lake Wales), is a former roadside motel that was cleared to make way for an Aldi Grocery Store. The newly constructed Panera Bread is right next door with Chick-Fil-A under construction right across the highway. With Slim Chickens, Wawa, McDonalds, Freddy's Frozen Custard, IHOP, Bob Evans, Chili's, Wendy's, Dunkin, and mom and pop stores galore, it looks like restaurant row is taking shape here, but there is room on these four acres for much more than that. With over 40,000 new residential units approved within a 10-mile radius, the property is ideally positioned to serve the needs of a growing population and capitalize on sustained demand for retail, dining, and service-oriented uses. Whether envisioned as a multi-tenant retail center, freestanding restaurant pads, or a mixed-use concept, this site offers unmatched visibility, access, and momentum in a market on the rise.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-29-16-000000-042160
  • 27-29-16-000000-042170
Land Assessment
$74,840 CAD
Improvements Assessment
$0 CAD
Total Assessment
$441,525 CAD
  • Listing ID: 35383484

  • Date on Market: 2025-04-04

  • Last Updated:

  • Address: 23700 U.S. 27 Hwy, Lake Wales, FL 33859

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