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Property profile & analytics
OFF-MARKET
Land

0 State Road 60 Lake Wales, FL 33853

30.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30.88-acre commercial land parcel, located on East State Road 60 in Lake Wales, Florida (zip code 33853), presents a compelling investment opportunity. Currently zoned BPC-1 for light industrial use, the property offers significant potential for diverse development projects. Its strategic location provides outstanding visibility from Highway 60 and convenient access, being only a quarter-mile from the Highway 27 interchange, ensuring high traffic exposure. The property's size and zoning make it suitable for a range of commercial or industrial uses, subject to necessary approvals. Furthermore, the possibility of city annexation presents an additional avenue for value enhancement and increased utility. This prime location in the rapidly growing eastern Polk County area makes this a strong investment prospect for both developers and investors seeking high-return opportunities. The APN numbers are 273003000000024030 and 273003000000023070. The asking price is $1,100,000.

Property profile
Verified
Property type Land
Lot 30.88 ac (1,345,133 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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