200 Acres Development
For Sale
Contact for pricing
Chalet Suzanne Rd, Lake Wales, FL 33859
200 acres for mixed-use or residential development in Lake Wales.
Property SizeContact for details
Lot Size200.00 Acres
Days on Market2795
Property Features for Chalet Suzanne Rd
General Information
Standard status
Active
Lot size
200.00 Acres
Property subtype
Land
Zoning
MF,SF, Commercial
Listing Agency:
Crosby & Associates Inc Corporate
(863) 412-9288
Listed By:
Benjamin Crosby · License #FL
Source:
Crexi
Added: Dec 13, 2018
Changed: Aug 8
Last Checked: Aug 8 at 4:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crosby & Associates Inc Corporate
Investment Insights
Based on property information with market context.
This approximately 200-acre property presents an opportunity for a large mixed-use, multifamily, or single-family residential development. The site benefits from two existing traffic lights, with a third planned for installation to enhance access. The future land use designation is Medium Density Residential, with R-3 zoning. Situated along the US Hwy 27 corridor, the location is experiencing significant commercial and residential growth. The property is directly adjacent to established retailers such as Publix, Home Depot, and Kohl's, and is located across the street from the 600,000 square foot Eagle Ridge Mall. A new 260-unit apartment complex, achieving high rental rates, is located on the site. The southern portion of Star Lake Blvd. will be constructed to provide access to the apartments, terminating at the new traffic light. The maximum density allowed is 1,650 units.
Key Highlights
- Prime location along US Hwy 27 corridor in a rapidly developing commercial and residential area.
- Development potential for a large Mixed Use, Multifamily, or Single Family Residential project.
- High‑density zoning (R‑3) allows for a maximum of 1,650 units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 33859, FL
10,866
Population
5,739
Households
1.9
Avg Household Size
52
Median Age
23%
College-Educated
89%
High-School Grad
45.5 sq mi
ZIP Area
239
Density / Sq Mi
$61,871
Median Household Income
$32,943
Median Earnings
$1,232
Median Rent
$200,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 200 acres for mixed-use or residential development in Lake Wales.
Where is this residential land & home lot located?
The property is located at Chalet Suzanne Rd Lake Wales, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Prime location along US Hwy 27 corridor in a rapidly developing commercial and residential area.; Development potential for a large Mixed Use, Multifamily, or Single Family Residential project.; High‑density zoning (R‑3) allows for a maximum of 1,650 units.
