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6685420
6685422

550 E State Rd 60, Lake Wales, FL 33853

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando
$1,500,000
2437 days on market
Updated 94 days ago

4.30 AC Lake Wales Plaza Outparcel

Details
APN 273003000000023020
Property Type Land
Sub Type Development Site
Price Per Acre $325,000
Acreage 4.300
Zoning C-3 (Highway Commercial)

Land | 4.3 acres

Marketing description

Sale consists of 4.30+/- acres in Lake Wales, Florida. It is an outparcel to Lake Wales Plaza, a Save-A-Lot anchored retail center situated on approximately 15 acres. The parcel has direct frontage on SR 60, which benefits from average daily traffic counts of 27,000 vehicles, and is only 2,000 feet from US 27, which has traffic counts of 29,500 vehicles daily. Improvements to and around the US 27 at SR 60 interchange are being made in order to improve highway operations, safety, and regional mobility.


Located just 1.6 miles from Lake Wales Municipal Airport and 2.7 miles from Lake Wales Medical Center. It is also 5.2 miles from Bok Tower Gardens, a national historic landmark that has attracted more than 23 million visitors since 1929.

C-3 (Highway Commercial District) – This district is designed to permit the development of commercial areas in groupings on major highways and to allow medium and large-scale commercial establishments and a full range of commercial and professional uses. Some permitted uses include but are not limited to restaurants, hospitals, hotels and motels, auto service stations, religious establishments and cultural facilities, schools, banks, mini-storage facilities, professional offices, convenience stores and retail stores.

Subject has future land use of Community Activity Center. This primary function of the Community Activity Center classification is to encourage a variety of commercial and professional uses in shopping plazas to serve the city as well as surrounding residential areas and to allow residential uses in planned mixed-use developments. Typical uses: Supermarket, department store, drug store, movie theater, home improvement center, professional offices and personal services.

Investment highlights

  • Sale Includes One Outparcel to a Save-A-Lot Anchored Center
  • Approximately 4.30 Acres Zoned Commercial
  • Some Permissible Uses Include: Restaurants, Hospitals, Hotels, Motels, Professional Offices, Auto Service Stations, Convenience Stores and Retail Stores
  • On SR 60 Near Intersection With US 27
  • SR 60 has Traffic Counts of 27,000 Vehicles Daily
  • 1.6 Miles From Lake Wales Municipal Airport
  • 2.7 Miles From Lake Wales Medical Center

Listing Contacts

RT
FL BK3015549
Marcus & Millichap - Orlando
DV
FL SL3294062
Marcus & Millichap - Orlando
Listed by Marcus & Millichap - Orlando

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Additional Information

Name
Ryan Nee
License
FL BK3154667
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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