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Wales Stembridge Rd & Hwy 60 Lk Lake Wales, FL 33898

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

Property summary

AI-generated overview

This exceptional 75-acre commercial land parcel presents a unique investment opportunity in Lake Wales, Florida. Strategically located near the Industrial Zoning District (IND), this property boasts convenient access to Highway 60 East, ensuring excellent visibility and accessibility for businesses. The expansive lot size offers significant development potential for a wide range of industrial or commercial uses, subject to local zoning regulations. A full median cut provides easy ingress and egress, enhancing the property's functionality and appeal. The property's address is Stembridge Rd & Hwy 60 E, Lake Wales, FL 33898, situated at latitude 27.8868478 and longitude -81.4654769. Its location within Lake County, Florida, offers access to a growing regional economy and a skilled workforce. The "IND" zoning designation suggests suitability for various industrial applications, though prospective buyers are strongly encouraged to conduct their own due diligence and verify zoning compliance with the relevant local authorities before making any purchase decisions. This significant landholding represents a rare chance to acquire a substantial parcel in a desirable location with excellent transportation links, making it an attractive proposition for developers, investors, and businesses seeking to establish a presence in this dynamic area. The property is being offered for sale as a whole.

Property profile

Verified
Property type Land
Lot 75 ac (3,267,000 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

Realmo proprietary · 4 methods
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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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