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    Chalet Suzanne Rd Lake Wales, FL 33859

    For Sale
    $5,000,000

    200 acres, mixed-use potential, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 200-acre parcel presents a remarkable opportunity for large-scale commercial and residential development in Lake Wales, Florida. Located in Polk County, with APN 27-29-16-000000-011000 & 27-29-15-000000-033010, this property boasts multiple zoning designations (MF, SF, Commercial), allowing for diverse project types. The land offers 1400 feet of frontage on Chalet Suzanne Road, which sees 10,500 AADT, and enjoys proximity to US Highway 27, a high-traffic corridor with 40,500 AADT. Its strategic location places it adjacent to major retailers including Publix, Home Depot, and Kohl's, and directly across from the 600,000 square foot Eagle Ridge Mall. Further enhancing its appeal, the property is situated next to a new 260-unit apartment complex experiencing high rental rates, and a third traffic light is planned for improved access. City water and sewer are available on-site. The property's zoning allows for a maximum density of 1,650 units, making it an ideal location for a mixed-use development, multifamily housing, or single-family residential projects. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with exceptional visibility and access. The asking price is $5,000,000.

    Property Features for 0 Chalet Suzanne Rd

    General Information

    Property type
    Land
    Lot Size
    8,712,000 SF

    HighLights

    • High‑traffic retail location on US Hwy 27.
    • City of Lake Wales water and sewer available.
    • Chalet Suzanne Road boasts 10,500 AADT.
    • 1,400 feet of frontage on Chalet Suzanne Road.
    • Flexible zoning allows diverse development options.
    • Excellent location near Publix, Home Depot, Kohl's, and Eagle Ridge Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Wales
    County
    Polk
    State
    Florida
    Longitude
    -81.6191428
    Latitude
    27.9618067

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    FAQs

    What type of property is this?
    Land - 200 acres, mixed-use potential, prime 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 $5,000,000.
    What are key features of this property?
    This property features: High-traffic retail location on US Hwy 27.; City of Lake Wales water and sewer available.; Chalet Suzanne Road boasts 10,500 AADT.
    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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