RARE DEVELOPMENT OPPORTUNITY IN LAKE WALES! Offered at $499,900, this versatile property presents an exciting opportunity for investors, developers, owner-users, or those looking for space and flexibility in a growing area of Polk County. Formerly used as a faith-based facility, the property features an existing approximately 3,460 SF building with substantial parking and a large site marketed at approximately 6.73 acres. The existing structure offers an excellent starting point for a variety of potential uses, while the expansive property provides room to explore future redevelopment opportunities. Whether you’re considering an agricultural use, multifamily concept, community-oriented project, profitable investment project, or another permitted use, this property offers a unique combination of an existing building, open land, and strategic location. Located in unincorporated Polk County near Lake Weohyakapka, the property provides convenient access to Lake Wales and surrounding communities. Bring your vision and explore the possibilities! Don’t miss out on an exceptional opportunity to acquire a property with significant potential at an attractive price point.
Property Details
Price:
$499,900
MLS #:
TB8552487
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
33898lakewales
Listed Date:
Sep 30, 2026
Finished Sq Ft:
3,460
Total Sq Ft:
21,989
Lot Size:
293,345 sqft / 6.73 acres (approx)
Year Built:
1979
See this Listing
Schools
Interior
Cooling
Central Air
Exterior
Building Features
Bathrooms, Extra Storage, Reception, Seating
Construction Materials
Concrete, Wood Frame
Other Structures
Storage
Parking Features
Over 30 Spaces
Roof
Shingle
Financial
Tax Year
2025
Taxes
$2,387
Map
Community
- Address10721 LEISURE LANE E LAKE WALES FL
- CityLAKE WALES
- CountyPolk
- Zip Code33898
Subdivisions in LAKE WALES
Market Summary
Current real estate data for Commercial in LAKE WALES as of Oct 19, 2026
19
Commercial Listed
178
Avg DOM
362
Avg $ / SqFt
$1,191,342
Avg List Price
Property Summary
- 10721 LEISURE LANE E LAKE WALES FL is a Commercial for sale in LAKE WALES, FL, 33898. It is listed for $499,900 To schedule a showing of MLS#tb8552487 at 10721 LEISURE LANE E in LAKE WALES, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of DALTON WADE INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 10721 LEISURE LANE E
LAKE WALES, FL
