550 E State Rd 60 Lake Wales, FL 33853
4.30+/- acre commercial land with highway frontage.
Type:Land
Lot size:
4.30 Acres- Added:
- Oct 4, 2019
- Days on Market:
- 2401
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 550 E State Rd 60
General Information
- Standard status
- Active
- Lot size
- 4.30 Acres
- Property subtype
- Land
Listing agent Ray Turchi License #FL BK3015549
Listing office Marcus & Millichap - Orlando
Listing date Oct 4, 2019
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orlando
Overview
Lake Wales Commercial Land Parcel
This sale consists of a 4.30+/- acre parcel in Lake Wales, Florida, serving as an outparcel to Lake Wales Plaza, a retail center anchored by Save-A-Lot, situated on approximately 15 acres. The parcel features direct frontage on State Road 60, benefiting from average daily traffic counts of 27,000 vehicles. It is located just 2,000 feet from US 27, which experiences traffic counts of 29,500 vehicles daily. Improvements are underway around the US 27 at SR 60 interchange to enhance highway operations, safety, and regional mobility. The property is situated 1.6 miles from Lake Wales Municipal Airport and 2.7 miles from Lake Wales Medical Center. Additionally, it is 5.2 miles from Bok Tower Gardens. Zoned C-3 (Highway Commercial District), the parcel is designed for commercial areas along major highways, accommodating medium and large-scale commercial establishments and a range of commercial and professional uses. Permitted uses include restaurants, hospitals, hotels and motels, auto service stations, religious establishments, cultural facilities, schools, banks, mini-storage facilities, professional offices, convenience stores, and retail stores. The subject property has a future land use designation of Community Activity Center, intended to encourage a variety of commercial and professional uses in shopping plazas, serving the city and surrounding residential areas, and to allow residential uses in planned mixed-use developments. Typical uses include supermarkets, department stores, drug stores, movie theaters, home improvement centers, professional offices, and personal services.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.6025586
- Latitude
- 27.8988451
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 4.30+/- acre commercial land with highway frontage.
Where is this commercial land located?
The property is located at 550 E State Rd 60 Lake Wales, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High Traffic Location: Direct frontage on SR 60 (27,000 vehicles daily) and proximity to US 27 (29,500 vehicles daily).; Favorable Zoning: C‑3 (Highway Commercial District) allows for a wide range of commercial and professional uses.; Future Land Use: Designated as Community Activity Center, encouraging diverse commercial and residential development.
