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$2,115,000
Est. payment /mo
8.99 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID L4959988
HOA Y/N No
Annual Tax Amount $297
Lot Size 8.990 Acres
Acres 8.99
Lot Dimensions 370.16x1312x1312x291
Property Sub-Type Commercial
Source Stellar MLS
Property Description
This ± 9-acre commercial site sits within one of Lake Wales' most active retail growth areas. The property carries a CEX (Commercial Enclave-X) future land use designation, supporting commercial development within an established retail concentration—ideal positioning for neighborhood and regional-serving retail. Annexation opportunity: City of Lake Wales Growth Management indicates the property may be eligible for annexation with potential C-3 Commercial zoning (buyer to verify annexation eligibility, zoning, and allowable uses).
The surrounding US-27 corridor is already functioning as a proven national-brand cluster anchored by ALDI and complemented by strong restaurant and service-retail co-tenancy, including Panera. The combination of grocery-driven daily traffic and established restaurant draw creates durable retail fundamentals—high trip frequency, strong tenant-to-tenant cross-shopping, and consistent US-27 visibility.
The surrounding US-27 corridor is already functioning as a proven national-brand cluster anchored by ALDI and complemented by strong restaurant and service-retail co-tenancy, including Panera. The combination of grocery-driven daily traffic and established restaurant draw creates durable retail fundamentals—high trip frequency, strong tenant-to-tenant cross-shopping, and consistent US-27 visibility.
Location
State FL
County Polk
Area 33859 - Lake Wales
Zoning XX
Exterior
Utilities Available Electrical Nearby, Sewer Nearby, Water Available
Water Access No
Building
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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Listed by Lorena Alvarez Cordero CROSBY & ASSOCIATES, INC.