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    Alfred St Lake Alfred, FL 33850

    For Sale
    $880,000

    9.5 Acres, Prime Location, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9.5-acre commercial land parcel presents a remarkable investment opportunity in Lake Alfred, Florida. Strategically located on US Highway 17/92 (Alfred Drive) in Polk County, this property boasts approximately 750 feet of frontage and benefits from a high average annual daily traffic count of 26,500 vehicles. Situated on Lake Haines within the city limits, the land is zoned C-2 (Mixed-Use Corridor), offering a wide array of potential development options. Envisioned uses include daycare centers, offices, restaurants, retail spaces, light industrial facilities, assisted living facilities (ALFs), multi-family dwellings, storage units, schools, hotels, medical offices, and even truck stops. The property's accessibility is further enhanced by a median opening allowing for convenient left-in/left-out access. Sewer access is readily available on-site, while water access is conveniently located approximately 750 feet to the west on Ramona Avenue. Site analysis indicates approximately four to five acres of uplands, with an estimated two acres falling completely outside the floodplain. The property's prime location between Ramona Avenue and Mosley Road ensures high visibility and accessibility. The asking price for this exceptional commercial land is $880,000. Don't miss this chance to acquire a highly versatile and strategically positioned property in a thriving Florida market.

    Property Features for 0 Alfred St

    General Information

    Property type
    Land
    Lot Size
    413,820 SF

    HighLights

    • 9.5‑acre commercial land parcel in Lake Alfred, Florida.
    • 750 ft of frontage on US Hwy 17/92 (Alfred Drive), Polk County, with 26,500 AADT.
    • C‑2 (Mixed‑Use Corridor) zoning allows diverse development options.
    • Median opening provides convenient access.
    • On‑site sewer; water access approx. 750 ft away.
    • Approx. 4‑5 acres uplands; est. 2 acres outside floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Alfred
    County
    Polk
    State
    Florida
    Longitude
    -81.715732194935
    Latitude
    28.096624633493

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    FAQs

    What type of property is this?
    Land - 9.5 Acres, Prime Location, High Traffic
    Where is this land located?
    The property is located at Alfred St Lake Alfred, FL.
    What is the asking price?
    The asking price for this property is $880,000.
    What are key features of this property?
    This property features: 9.5-acre commercial land parcel in Lake Alfred, Florida.; 750 ft of frontage on US Hwy 17/92 (Alfred Drive), Polk County, with 26,500 AADT.; C-2 (Mixed-Use Corridor) zoning allows diverse development options.
    (813) 287-8787
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    Alfred St Lake Alfred, FL 33850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Alfred St Lake Alfred, FL 33850
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