550 E State Rd 60, Lake Wales, FL 33853

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.