Commercial Sale · Retail
20600 HWY 27, LAKE WALES, FL, 33853
Active103 days on marketListed Apr 27, 2026MLS #TB8501712
About this property
The property at a glance
Exceptional opportunity in Highly trafficked Highway 27. Unique an lucrative opportunity, perfect for business owners, investors and entrepreneurs. Wheather you are looking to open your own car dealership, service shop or retail business, this location offers unparalleled visibility and accessibility. Completely renovated with spacious layout ideal for showcasing vehicles or setting up service bays, this property will ensure your business stand out to the steady stream of poential customers traveling along this mayor highway. Ample parking space and easy access. The area is thriving with growing population and increasing demand for automotive services, making this ideal spot for a business to flourish. Dont miss this chance to secure a strategic investment position in a bustling market. Schedule your showing today. * Virtual Tour Available.
18,000
Building sq ft
$30
Price / sq ft
0.42
Lot acres
1957
Year built
1
Building
C-3
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,689/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
12,385
Population
$40,938
Median income
37.3
Median age
2.57
Avg household
$198,100
Median home value
$965/mo
Median rent
1,565
Households w/ kids
Recent sales
What actually sold near 20600 HWY 27
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$400,000
19254 HWY 27 UNIT S
1,400 sqft · $286/sqft · Sold Dec 16, 2024
$24,000
214 DOMARIS AVENUE
2,368 sqft · $10/sqft · Sold Feb 1, 2026
$495,000
603 N SCENIC HIGHWAY
2,989 sqft · $166/sqft · Sold May 27, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 20600 HWY 27 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 20600 HWY 27.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of CANVAS REAL ESTATE · Rebeca Lopez. MLS #TB8501712.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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