21700 Us Highway 27 Lake Wales, FL 33859
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 21700 Us Highway 27
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre commercial parcel is strategically located on US Highway 27 South in Lake Wales, Florida, offering unparalleled access and visibility. Situated in Polk County, zip code 33859, this unplatted vacant land presents a unique investment opportunity. The property's asking price is $600,000, translating to $15,000 per acre. Its prime location boasts proximity to key infrastructure and residential areas. Less than two miles south of the Lake Wales Mall and State Road 540 West (leading to Winter Haven), it's also conveniently located under two miles from downtown Lake Wales and two miles north of State Road 60, a major east-west Florida connector. The property is surrounded by established communities including Tower Lakes, Tower Point Apartments, and Tower Woods, enhancing its appeal and potential. Across the street from The Vanguard School, an international boarding school, this location provides excellent access to various points throughout Florida. The expansive acreage offers the potential for a single secluded estate or a smaller residential development, incorporating private wooded areas and recreational land. This rare offering presents a unique opportunity for a discerning investor seeking a substantial land holding in a high-growth area. The property's size and location make it ideal for a variety of commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Wales
- County
- Polk
- State
- Florida
- Longitude
- -81.6145
- Latitude
- 27.8687
