Underpass Road 74 ± Acre Land Opportunity — Sale in Lake Wales, FL

  • Price: $2.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lake Wales, FL 33898

Description

The subject property consists of approximately 74 ± acres located in South Lake Wales. Previously used as a citrus grove, the property is all uplands and features gently rolling topography, offering an opportunity for continued agricultural use or future residential development. The site is made up of six parcels, with five contiguous parcels making up the majority of the site and one separate parcel located to the west. There is approximately 2,670 ± feet of frontage along Underpass Road and about 980 ± feet of the east boundary adjacent to railroad tracks. Improvements include a 1,500 ± square foot pole barn located on the east side of the property, two irrigation wells, and electricity. The north side of the property is served by a 10 inch well while the southwest side is served by an 8 inch well. Location Description The property is located in South Lake Wales, approximately 2 miles south of State Road 60 with access via Underpass Road. US Highway 27 and Scenic Highway are just over 2 miles west of the property. To the north of the property there is a residential neighborhood while the remainder of the property is surrounded by agricultural land. Downtown Lake Wales is also just a 10 to 15 minute drive northwest and nearby major retailers include Walmart, Publix, Tractor Supply, and many more. Highlights Potential for continued agricultural use or future residential development Located in a growing area with multiple developments nearby All upland acreage with gently rolling topography For more information please visit: https://land.saundersrealestate.com/land-for-sale/underpass-rd-lake-wales-sale/ Land Size: 73.98 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Lake Wales, FL is listed for sale at $2,220,000. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Lake Wales, FL — view the full market.

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