516-D LAKE WALES -Hwy. 60 West of US 27-former Captain D’s Restaurant

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Property Detail

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  • Price

    : $199,000.00 

  • Location

    : FL

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  • Price/Acre :


Property Description

This property has 193.4 ft. frontage on 4 lane Hwy 60 and is about 1/4 mile west of the major intersection of Hwy. 60 and 6 lane US 27.

There is a deeded joint 50’ access easement to SR 60. This 50’ easement serves Kentucky Fried Chicken and this parcel.

The property is a former Captain D’s restaurant and it was destroyed by fire several years ago. There is still paved areas on the property and the former retention area is just to the east of the paved area.

The property is within the city limits of Lake Wales . The land use is C-3 Highway Commercial.

There is 12” water main fronting the property. This was disconnected when the building was demolished. There is a 2” force main fronting the parcel at the NW corner.

One of the great features of this property is the fact that it adjoins 32 acres of pasture with beautiful Oaks that would appear to have potential for residential development, specialty farming or greenhouses, commercial or industrial development. This 32 acres has over 900 ft. frontage on Hwy. 60 R/W and wraps around this 2.13 acres. Great potential for a package. Current taxes are about $ 3,500. There are signs on the property. PRICE ON THE 2.13 ACRES IS $ 199,000.

PRICE ON THE ADJOINING  32 ACRES IS                   $ 575,000.




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