Mixed Use at 16311 HWY 27, LAKE WALES
Mixed Use at 16311 HWY 27, LAKE WALES, photo 2 of 6
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6 photos

$2,250,000

16311 HWY 27
LAKE WALES, FL 33859
Listed by Gregory Karlson · ADVANTAGE REALTY 1
Bedrooms
N/A
Bathrooms
N/A
Living area
2,304 sqft
Year built
1970

About this home

HIGH-VISIBILITY US HWY 27 C-STORE + BUSINESS + REAL ESTATE — MAJOR UPSIDE POTENTIAL Excellent opportunity to acquire an established convenience store, fuel operation, and real estate positioned directly on US Highway 27 in Lake Wales, near the Longleaf Business/Industrial area and the growing South Lake Wales commercial corridor. The offering includes the operating business and real estate, with seller-reported convenience-store sales of approximately $55,000 per month, plus approximately 25,000 gallons of gasoline/diesel volume per month. This existing operation provides a foundation for an owner/operator or investor seeking to reposition and expand a strategically located highway property. The property's real potential may be in its future redevelopment and expansion possibilities. A buyer could explore modernization of the existing store and fuel operation, potential branded fuel and/or quick-service restaurant concepts, and the addition of a modern car wash, subject to franchise approval, zoning, permitting, and other applicable requirements. Seller represents that the underground fuel tanks are currently compliant; buyer should independently verify all environmental, regulatory, and equipment matters during due diligence. The property is located along the heavily traveled US 27 corridor, with convenient access to nearby industrial and commercial activity. As additional businesses and industrial users locate in the South Lake Wales area, this site offers an opportunity to serve employees, commercial traffic, local residents, and highway travelers. Purchase the business and real estate with approximately 1 acre, or inquire about the potential acquisition of additional surrounding acreage (approximately 4.5 acres) for a larger commercial vision. Additional land could create opportunities to explore truck-oriented services, expanded fueling, truck parking, scales, food service, car/truck wash facilities, or other highway-commercial uses, subject to governmental approvals. This is more than the purchase of an existing C-store—it is an opportunity to control a strategically positioned US 27 commercial site with an established business today and multiple potential avenues for future expansion. Business + Real Estate | US Hwy 27 Frontage | Existing Fuel Sales | Established C-Store | Expansion Potential | Additional Acreage Potentially Available

Property details

MLS
Stellar MLS
MLS #
MFRL4965194
Property type
Mixed Use
Subdivision
ACREAGE
Status
Active
Days on market
N/A
On market date
October 16, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1 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.

ElementaryCharter
POLK AVENUE ELEMENTARY SCHOOL
2.72 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
544
Student:teacher ratio
16.5:1
District
POLK
Middle
MCLAUGHLIN MIDDLE SCHOOL AND FINE ARTS ACADEMY
2.14 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
449
Student:teacher ratio
12.5:1
District
POLK
High
ROOSEVELT ACADEMY
3.79 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
274
Student:teacher ratio
9.4:1
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).

19
Very car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 163 fewer days than LAKE WALES's current average of 163 days.
For reference, the median list price across 838 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
$13,700/mo
$450,000 down
$1,800,000 loan
Principal & interest$11,675
Property tax (est.)$1,875
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 4 days ago.

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.