Property summary
This exceptional 10-acre parcel in Lake Wales, Florida, presents a compelling investment opportunity for residential development. Located on Lewis Griffin Road, Polk County, zip code 33898 (APN 283008000000043030), this property is zoned A/RR, offering significant potential. The asking price is $500,000, translating to $50,000 per acre, reflecting the land's high value. The property's peaceful setting offers a desirable location for residential development, while its proximity to established communities adds to its appeal. Specifically, the DR Horton Taylor Groves Residential Development is situated approximately 700 feet to the Northwest, indicating a strong existing residential presence in the immediate vicinity. This land presents a unique chance to capitalize on the growing Lake Wales market, creating a thriving residential community or developing individual homes. The property's size and zoning make it suitable for a variety of residential projects, catering to diverse needs and preferences. This is a rare opportunity to acquire a substantial land holding in a desirable location with excellent development potential. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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