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    Property profile

    Lake Bella Rd Lake Wales, FL 33898

    OFF-MARKET
    Agricultural land / Farmland
    Property ID
    US18-7178851
    Entity Owned
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    Property summary

    AI-generated overview

    The property consists of approximately 20 acres of agricultural land planted with all-round oranges (citrus grove). It is currently zoned for agricultural use, with future land use permitting residential density of 1 unit per 5 acres. The site is suited for development into 5-acre lots, and additional density may be possible through a Planned Unit Development (PUD). Public water service is available nearby, and the property is located with convenient access to shopping and restaurants.

    Property profile

    Verified
    Property type Agricultural land / Farmland
    UPID US18-7178851

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    Lake Bella Rd Lake Wales, FL 33898
    Lake Wales metro
    Google Maps

    Value estimations

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    Owner & transaction history

    since 2026
    2 recorded transactions
    2026
    Price N/A
    2024
    $320,000

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      $169,900
      5.11 Acres
      Citrus Grove Land Parcel
      5.11 acre citrus grove near Lake Wales, Florida.
      GILBERT Rd, Lake Wales, FL 33898
      View Details
    • New
      $215,000
      6.29 Acres
      Fenced Agricultural Land
      Fenced corner acreage includes stall-style agricultural structures and open land.
      MAMMOTH GROVE Road, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      1.25 Acres
      Agricultural Land with No Wetlands
      A 1.25-acre Frostproof parcel with no wetlands, described as suitable for recreational or light agricultural uses.
      Xeriscape Nursery Road, Frostproof, FL 33898
      View Details
    • New
      $395,000
      Hydroponic Farm With Greenhouses
      Established agricultural property with hydroponic infrastructure, specialty crops, processing improvements, and room for expanded production.
      3510 WALK IN WATER ROAD, Lake Wales, FL 33898
      View Details
    • New
      $395,000
      4.99 Acres
      Farm with Hydroponic Greenhouses
      Established agricultural property with crop production, irrigation infrastructure, and expanding controlled-environment facilities.
      3510 WALK IN WATER Road, Lake Wales, FL 33898
      View Details
    • New
      $299,000
      5.73 Acres
      Corner Development Land with Retail Potential
      Corner lot with 381 feet of frontage on SR 60 and access from Doherty Drive for flexible development under ARR zoning.
      DOHERTY Drive, Lake Wales, FL 33898
      View Details

    Similar Nearby for Sale

    • New
      $169,900
      5.11 Acres
      Citrus Grove Land Parcel
      5.11 acre citrus grove near Lake Wales, Florida.
      GILBERT Rd, Lake Wales, FL 33898
      View Details
    • New
      $215,000
      6.29 Acres
      Fenced Agricultural Land
      Fenced corner acreage includes stall-style agricultural structures and open land.
      MAMMOTH GROVE Road, Lake Wales, FL 33898
      View Details
    • New
      $395,000
      4.99 Acres
      Farm with Hydroponic Greenhouses
      Established agricultural property with crop production, irrigation infrastructure, and expanding controlled-environment facilities.
      3510 WALK IN WATER Road, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      1.25 Acres
      Agricultural Land with No Wetlands
      A 1.25-acre Frostproof parcel with no wetlands, described as suitable for recreational or light agricultural uses.
      Xeriscape Nursery Road, Frostproof, FL 33898
      View Details
    • New
      $395,000
      Hydroponic Farm With Greenhouses
      Established agricultural property with hydroponic infrastructure, specialty crops, processing improvements, and room for expanded production.
      3510 WALK IN WATER ROAD, Lake Wales, FL 33898
      View Details
    • New
      $299,000
      5.73 Acres
      Corner Development Land with Retail Potential
      Corner lot with 381 feet of frontage on SR 60 and access from Doherty Drive for flexible development under ARR zoning.
      DOHERTY Drive, Lake Wales, FL 33898
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      0.50 Acres
      Retail Pad on SR-60
      Retail pad site available for ground lease or build-to-suit.
      2231 State Rd 60 E, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      6,500 sqft
      Warehouse
      Sprinklered warehouse with loading docks and grade level doors near the Hwy 60 and 27 intersection.
      2404 Hunt Brothers Rd, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      9,350 sqft
      Warehouse with Cooler and Docks
      Industrial warehouse features 15,850 SF of cooler space, 20' clear height, and five loading docks.
      2404 Hunt Brothers Rd, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      108,984 sqft
      Lake Wales Warehouse with Storage
      108,984 SF warehouse with cold storage and yard.
      2404 Hunt Brothers Rd, Lake Wales, FL 33898
      View Details
    • New
      Contact for pricing
      108,984 sqft
      Warehouse with Cooler Space
      108,984 SF warehouse includes 15,850 SF of cooler space, 20' clear height, and five loading docks.
      2404 Hunt Brothers Rd, Lake Wales, FL 33898
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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