000 Rocker Rd Lake Wales, FL 33830
This 59.06-acre agricultural property in Polk County, Florida, presents a unique investment opportunity. Located near Bartow and Lake Wales, the land boasts 1,971 feet of road frontage on Rocker Road, offering excellent accessibility. The mostly level terrain slopes gently downward towards a small pond in the southeast corner, providing a valuable irrigation source for livestock and crops. The soil is well-drained Candler Sand, ideal for various agricultural uses, including hay production and row crops. Currently used for hay and row crops, the property's zoning (AR-1) allows for continued agricultural pursuits or potential subdivision into multiple acreage homesites. Its location within a predominantly agricultural area, surrounded by citrus groves and pastures, further enhances its value. The property's high, dry land and convenient access to nearby towns make it suitable for a variety of uses, offering significant potential for long-term growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.