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    Wales Stembridge Rd & Hwy 60 Lk Lake Wales, FL 33898

    For Sale
    Contact for pricing

    Prime Industrial Land - Hwy 60 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 75-acre commercial land parcel presents a unique investment opportunity in Lake Wales, Florida. Strategically located near the Industrial Zoning District (IND), this property boasts convenient access to Highway 60 East, ensuring excellent visibility and accessibility for businesses. The expansive lot size offers significant development potential for a wide range of industrial or commercial uses, subject to local zoning regulations. A full median cut provides easy ingress and egress, enhancing the property's functionality and appeal. The property's address is Stembridge Rd & Hwy 60 E, Lake Wales, FL 33898, situated at latitude 27.8868478 and longitude -81.4654769. Its location within Lake County, Florida, offers access to a growing regional economy and a skilled workforce. The "IND" zoning designation suggests suitability for various industrial applications, though prospective buyers are strongly encouraged to conduct their own due diligence and verify zoning compliance with the relevant local authorities before making any purchase decisions. This significant landholding represents a rare chance to acquire a substantial parcel in a desirable location with excellent transportation links, making it an attractive proposition for developers, investors, and businesses seeking to establish a presence in this dynamic area. The property is being offered for sale as a whole.

    Property Features for Wales Stembridge Rd & Hwy 60 Lk

    General Information

    Property type
    Land
    Lot Size
    3,267,000 SF

    HighLights

    • 75‑acre land parcel available for sale.
    • Conveniently located near an industrial zoning district.
    • Features a full median cut.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Wales
    County
    Lake Wales
    State
    Florida
    Longitude
    -81.4654769
    Latitude
    27.8868478

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land - Hwy 60 Access
    Where is this land located?
    The property is located at Wales Stembridge Rd & Hwy 60 Lk Lake Wales, FL.
    What are key features of this property?
    This property features: 75-acre land parcel available for sale.; Conveniently located near an industrial zoning district.; Features a full median cut.
    (904) 899-0310
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    Wales Stembridge Rd & Hwy 60 Lk Lake Wales, FL 33898
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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
    Wales Stembridge Rd & Hwy 60 Lk Lake Wales, FL 33898
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