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- LoopNet Team
0 US Highway 92 West / Lakeshore Way
Lake Alfred, FL 33850
Lake Shore Way Commercial Development Land · Land For Sale
·
9.90 AC
INVESTMENT HIGHLIGHTS
- Almost 10 Acres on Busy US 92 W and Hwy 17 - 1135' of Frontage - 13 Total Parcels
- AADT - 33,000 Along US 92 W, 25,000 Along Hwy 17
- Two Current MTM Tenant - $42,000 Annual Rent
- Across from Jarrett Ford Dealership, Close to Amenities Along Hwy 17/6th St. Winter Haven
- Highest and Best Use - Grocery Store, Auto Dealership, Gas Station, Other Retail.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 9.90 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Cross Streets | US Highway 17 | |
| Zoning | C-1, C-3 & VRN - City of Lake Alfred | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 9.90 AC |
| No. Stories | 1 |
| Cross Streets | US Highway 17 |
| Zoning | C-1, C-3 & VRN - City of Lake Alfred |
DESCRIPTION
Located in Lake Alfred, FL, on the Winter Haven border, this property boasts 1,135 FT of frontage on US Hwy 92 which has a traffic count of 33,000 cars/day. The property is located northeast of the Winter Haven airport, close to retail and restaurants along Hwy 17 in Winter Haven and directly west of Walmart and Sherwin Williams distribution centers. The property is prime for a retail site - uses include automobile dealership, grocery store, gas stations, retail or office center. City water and sewer to part of the property, other sewer nearby. The majority of this property is zoned commercial C2 And C3, City of Lake Alfred (7.15 +/- acres) with a section in the back that is zoned residential (2.76 +/- acres). The most easterly and westerly parcels of the site have month to month tenants in place, bringing in approx. $42,000 annually. Property sale could possibly be split into three zones comprising the easterly parcel, westerly parcel and middle parcels. Westerly parcel comprising 1.39 Acres at $385,000. Easterly Parcels comprising approx. 1.84 Acres at $689,000 and Middle Parcels comprising approx. 6.24 Acres at $1,125,814. Closings however would all have to be simultaneous.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $302,293 | Total Assessment | $668,215 |
PROPERTY TAXES
