Land at US-27, LAKE WALES
Land at US-27, LAKE WALES, photo 2 of 7
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Land at US-27, LAKE WALES, photo 7 of 7
7 photos

$1,600,000

US-27
LAKE WALES, FL 33859
Listed by David Reyes · KELLER WILLIAMS REALTY SMART 1
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS #
MFRP4936152
Property type
Land
Subdivision
N/A
Status
Active
Days on market
236
On market date
September 3, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
3.15 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
GARDEN GROVE ELEMENTARY SCHOOL
2.42 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
601
Student:teacher ratio
16.7:1
District
POLK
Middle
DUNDEE RIDGE MIDDLE ACADEMY
3.72 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
761
Student:teacher ratio
19.5:1
District
POLK
High
DON E WOODS OPPORTUNITY CENTER
3.73 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
31
Student:teacher ratio
2.4:1
District
POLK

Walkability

Blended score for LAKE WALES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
5.8 / 20 -- Below average walkable
Google Places amenity density
25 / 100
Restaurants & cafes0
Grocery stores1
Parks2
Schools0
Transit stops7
Pharmacies0

Market position

How this listing compares to current activity in LAKE WALES, from live MLS data.

On the market 236 days -- 71 more days than LAKE WALES's current average of 165 days.
For reference, the median list price across 799 active listings in LAKE WALES right now is $175,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,785/mo
$320,000 down
$1,280,000 loan
Principal & interest$8,302
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.