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O State Road 60 - 4.2 AC COMM. LAND HIGH TRAFFIC, LAKE WALES 4.2 Acres of Commercial Land Offered at $475,000 in Lake Wales, FL 33853
INVESTMENT HIGHLIGHTS
- Zoned LLC, Unincorporated Polk County. Uses includes retail, restaurant, office, childcare, personal service, warehousing.
- Annexing into the City of Lake Wales could be beneficial in regards to utility availability and expanded uses.
- The lot has been partially cleared. A Buyer may walk from the front to the back of the property without impediment.
- 26,500 Vehicles Per Day. Long term billboard lease in place, $7,000 per year income.
- Within 10 minutes of downtown Lake Wales. 20 minutes to Bartow and 35-40 minutes to Lakeland.
PROPERTY FACTS Under Contract
| Price | $475,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.20 AC |
| Property Type | Land | ||
| Zoning | LCC - Linear Commercial Corridor - Unincorporated Polk County | ||
| Price | $475,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.20 AC |
| Zoning | LCC - Linear Commercial Corridor - Unincorporated Polk County |
1 LOT AVAILABLE
Lot
| Price | $475,000 | Lot Size | 4.20 AC |
| Price Per AC | $113,095.24 |
| Price | $475,000 |
| Price Per AC | $113,095.24 |
| Lot Size | 4.20 AC |
Partially cleared lot - access available for walk through on foot.
DESCRIPTION
Super 4.2 acre vacant commercial land site in Lake Wales at State Road 60 and US 27. This property produces $7,000 in annual billboard revenue. Recently reconstructed in a huge Florida Department of Transport project, the State Road 60 and US Highway 27 interchange has been completed, and this area has rejuvenated the area with much smoother and efficient traffic flows. This site is currently zoned LCC in unincorporated Polk County - a common and expansive classification which would allow retail, office, restaurant, personal service, warehousing and many other. The City of Lake Wales would happily annex this property, allowing for access to available water and sewer at the site and potentially opening up a few more uses, including light industrial. Within minutes of Publix and downtown Lake Wales, and a short trip to Bartow and Lakeland.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $5,749 | Total Assessment | $188,243 |
PROPERTY TAXES
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O State Road 60 - 4.2 AC COMM. LAND HIGH TRAFFIC, LAKE WALES
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