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    Chalet Suzanne Rd Lake Wales, FL 33859

    For Sale
    $3,000,000

    12.4 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12.4-acre commercial land parcel presents a remarkable investment opportunity in Lake Wales, Florida. Strategically located on Chalet Suzanne Road in Polk County (zip code 33859), this C-3 Highway Commercial zoned property boasts 1,275 feet of road frontage, offering unparalleled visibility and accessibility. The site benefits from its prime location along the US Hwy 27 corridor, an area experiencing significant commercial and residential growth. Directly adjacent to a Publix supermarket, Home Depot, Kohl's, numerous restaurants, and the 600,000 square foot Eagle Ridge Mall, this property enjoys exceptional proximity to established retail and entertainment destinations. Furthermore, it's situated next to a new, 335-unit Class A apartment complex, ensuring a robust and growing customer base. A new road is under construction, creating a lighted corner intersection with a proposed traffic light, significantly enhancing visibility and accessibility. Water and sewer services are readily available. This location offers less than a 10-minute drive to Legoland, further enhancing its appeal. Ideal for retail, multifamily, or hotel development, this property represents a rare chance to capitalize on a thriving market. The asking price is $3,000,000.

    Property Features for 0 Chalet Suzanne Rd

    General Information

    Property type
    Land
    Lot Size
    540,144 SF

    HighLights

    • High‑traffic location adjacent to Publix supermarket and Class A apartments.
    • Zoned for commercial use.
    • New traffic signal planned for installation.
    • 1,275 feet of frontage on Chalet Suzanne Road.
    • Water and sewer utilities available on‑site.
    • Less than 10‑minute drive to LEGOLAND Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.6185996
    Latitude
    27.95708588

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    FAQs

    What type of property is this?
    Land - 12.4 Acres, High-Visibility Location
    Where is this land located?
    The property is located at Chalet Suzanne Rd Lake Wales, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: High-traffic location adjacent to Publix supermarket and Class A apartments.; Zoned for commercial use.; New traffic signal planned for installation.
    Request Owner's contact information
    Chalet Suzanne Rd Lake Wales, FL 33859
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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
    Chalet Suzanne Rd Lake Wales, FL 33859
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