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    Land

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

    75 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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