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0 Chalet Suzanne Rd Lake Wales, FL 33859

OFF-MARKET Land Google Maps
12.4 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 12.4-acre commercial land parcel presents a remarkable investment opportunity in Lake Wales, Florida. Strategically located on Chalet Suzanne Road in Polk County (zip code 33859), this C-3 Highway Commercial zoned property boasts 1,275 feet of road frontage, offering unparalleled visibility and accessibility. The site benefits from its prime location along the US Hwy 27 corridor, an area experiencing significant commercial and residential growth. Directly adjacent to a Publix supermarket, Home Depot, Kohl's, numerous restaurants, and the 600,000 square foot Eagle Ridge Mall, this property enjoys exceptional proximity to established retail and entertainment destinations. Furthermore, it's situated next to a new, 335-unit Class A apartment complex, ensuring a robust and growing customer base. A new road is under construction, creating a lighted corner intersection with a proposed traffic light, significantly enhancing visibility and accessibility. Water and sewer services are readily available. This location offers less than a 10-minute drive to Legoland, further enhancing its appeal. Ideal for retail, multifamily, or hotel development, this property represents a rare chance to capitalize on a thriving market. The asking price is $3,000,000.

Property profile

Verified
Property type Land
Lot 12.4 ac (540,144 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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