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0 Adams Ave Lake Wales, FL 33859

OFF-MARKET Land Google Maps
1.25 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 1.25-acre residential lot, located on Adams Ave in Lake Wales, Florida (zip code 33859, Polk County), presents a fantastic opportunity for residential development. The property, identified by APN 27-30-26-000000-044040, boasts a sizable 54,450 square feet and is zoned for residential use. Utilities such as water and electricity are readily available, although a septic tank will be required. Importantly, this property is situated outside of flood zones and wetlands, minimizing potential development complications. Its oversized nature offers the potential for subdivision into multiple residential building sites. The convenient location provides easy access to nearby shopping centers, supermarkets, and schools, enhancing its appeal and potential value. This vacant lot represents a prime opportunity for building single-family homes in a desirable area. The asking price is $39,000.

Property profile

Verified
Property type Land
Lot 1.25 ac (54,450 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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