Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.