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About this home
Us-27 is a home Lake Wales. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Located in the rapidly growing city of Lake Wales, Florida, this ±3.15-acre commercial development site sits prominently along the bustling US 27 corridor. US 27 is a major north–south artery running from Fort Wayne, Indiana, to Miami, Florida, serving as a vital connection for both regional and local transportation. This premium property offers 450 feet of high-visibility frontage on US 27 and is zoned by Polk County as a Linear Commercial Corridor, allowing for a wide range of uses including childcare, medical office, clinic, office park, professional services, restaurant, retail, and veterinary services. The surrounding area is experiencing significant growth and residential expansion, with recent developments including the Alera at Hunters Glen apartment complex, KB Homes’ Forest Lake Townhomes, and Lennar’s Leoma’s Landing single-family community. Public utilities are available nearby within these residential neighborhoods, further supporting development potential.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,600,000
Time on market
410 days
Monthly payment
About $9,596/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,412 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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