Lake Wales Development
For Sale
Contact for pricing
Burns Ave, Lake Wales, FL 33853
Land for residential and commercial development in Lake Wales, FL.
Property SizeContact for details
Lot Size3.03 Acres
Days on Market780
Property Features for Burns Ave
General Information
Standard status
Active
Lot size
3.03 Acres
Property subtype
Land
Zoning
R-3 - PD (Planned Development)
Listing Agency:
SVN | Saunders Ralston Dantzler
(863) 648-1528
Listed By:
Clay Taylor · License #FL 3189841
Source:
Crexi
Added: Jun 20, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:27AM
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 SVN | Saunders Ralston Dantzler
Investment Insights
Based on property information with market context.
This property on Burns Ave in Lake Wales, FL, presents a development opportunity with 326 total units, including 226 single-family lots and 100 townhome units. The property also includes 3.03 acres of commercial land, allowing for a potential of 26,000 square feet of retail space. Zoned R-3 - PD (Planned Development), the site is located in an area experiencing growth and excellent residential development, offering proximity to shopping and essential amenities. This location is suitable for a residential venture within a growing and active community.
Key Highlights
- 326 total residential units available, featuring 226 Single Family Lots and 100 Townhome Units.
- 3.03 acres of commercial land offering the potential for 26,000 SF of retail space.
- Zoned R‑3 - PD (Planned Development).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 33853, FL
12,404
Population
5,483
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
8.7 sq mi
ZIP Area
1,426
Density / Sq Mi
$40,938
Median Household Income
$35,470
Median Earnings
$965
Median Rent
$198,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land for residential and commercial development in Lake Wales, FL.
Where is this residential land & home lot located?
The property is located at Burns Ave Lake Wales, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 326 total residential units available, featuring 226 Single Family Lots and 100 Townhome Units.; 3.03 acres of commercial land offering the potential for 26,000 SF of retail space.; Zoned R‑3 - PD (Planned Development).
