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Property profile & analytics
OFF-MARKET
Land

0 Lk Bella Rd Lake Wales, FL 33853

9.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.84-acre parcel presents a unique residential development opportunity in Lake Wales, Florida. Located on Lake Bella Road, approximately one mile east of Highway 27, this property boasts a prime location near significant ongoing developments. Currently utilized as a Hamlin grove, the land features an existing well and electric pump. The property's Agricultural Rural Residential (A/RR) zoning permits one dwelling unit per five acres, offering immediate development potential. Its proximity to the Lake Wales city limits presents the possibility of annexation and potentially higher density zoning in the future. Convenient access to water is available along US 27, while sewer infrastructure is located approximately 1.5 miles north on Scenic Highway, anticipated to extend as development progresses. The strategic location near US 27 and State Road 60 provides excellent accessibility and visibility, making this a highly attractive investment for developers seeking to capitalize on the growth trajectory of the Lake Wales area. The APN is 27-30-23-000000-011040. This is a rare opportunity to acquire a sizable tract of land with significant upside potential in a rapidly developing region. The sale price is subject to offer. Contact us for pricing per acre.

Property profile
Verified
Property type Land
Lot 9.84 ac (428,630 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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