Commercial Sale · Industrial
620 DOCTORS LANE, LAKE WALES, FL, 33853
Active126 days on marketListed Apr 2, 2026MLS #S5144955
About this property
The property at a glance
Discover the potential of this gated industrial property, perfectly situated on a corner lot in the heart of Historic Lake Wales. Located just minutes from Downtown Lake Wales and near a Major Industrial Plant, this property offers a strategic location with easy access to major routes and business hubs. Its prime location in an area undergoing exciting revitalization makes it an exceptional investment opportunity. With ongoing development efforts breathing new life into the historic district, this space is ideal for businesses looking to establish themselves in a growing and evolving market. Schedule an appointment today!
15,002
Building sq ft
$13
Price / sq ft
0.34
Lot acres
1945
Year built
1
Building
IND
Zoning
Industrial
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
$1,097/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 John 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 620 DOCTORS LANE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$24,000
214 DOMARIS AVENUE
2,368 sqft · $10/sqft · Sold Feb 1, 2026
$282,700
207 E PARK AVENUE
2,340 sqft · $121/sqft · Sold Aug 23, 2024
$330,000
299 E STUART AVENUE
2,283 sqft · $145/sqft · Sold Dec 15, 2025
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about 620 DOCTORS LANE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 620 DOCTORS LANE.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of NH REALTY GROUP · Natalie Hawthorne. MLS #S5144955.
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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