00 Chalet Suzanne Rd Lake Wales, FL 33859
- Retail properties
- 12.40 lot acres
Current Use by Public Records
- Retail properties
Property Details for 00 Chalet Suzanne Rd
- Lot size
- 12.40 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 12.4-acre commercial development site presents a compelling investment opportunity in the thriving Lake Wales, Florida market. Located on Chalet Suzanne Road, this property boasts 1275 feet of frontage and benefits from a C-3 Highway Commercial zoning designation, allowing for a diverse range of uses including retail, multifamily, and hospitality developments. The site enjoys a prime location along the high-traffic US Hwy 27 corridor, experiencing over 40,500 daily vehicle trips on US Hwy 27 and over 9,600 on Chalet Suzanne Road. Its strategic position offers unparalleled visibility and accessibility. The property is situated directly adjacent to major retailers such as Publix, Home Depot, and Kohl's, and across from the 600,000 square foot Eagle Ridge Mall, ensuring high foot traffic and consumer density. Further enhancing its appeal, a new 335-unit luxury apartment complex is adjacent, and a new road with a proposed traffic light will create a highly visible, lighted corner lot. Water and sewer services are readily available from the City of Lake Wales. The entire parcel is upland, eliminating any drainage concerns. The asking price for this exceptional property is $3,000,000, and the owner may consider dividing the land. This presents a rare chance to capitalize on the significant growth and development occurring in this dynamic area. The property's APN is 27-29-16-000000-011000.
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
- -81.6208
- Latitude
- 27.9573
