148-A RESIDENTIAL, COMMERCIAL OR INDUSTRIAL- WEST OF US 27/60, LAKE WALES, FL
Price: 575,000
Acres: 32.7
Category: Commercial/Industrial
Waterfront: No
Address: 885 State Road 60 W, Lake Wales fl 33853
Details: This property has 900 ft. +- on highway frontage for a total of 32.7 acres. It is currently leased for cattle and the FL Dept. of Transportation is in the process of making changes to Hwy. 60 in this area. The 27/60 overpass is being changed and Hwy. 60 will be 6 lane for a distance going West toward Bartow. These changes will result in more potential for development of this area. The property West gate area has a planned stop light and there will be a portion of this property purchased by DOT for additional right of way. Negotiations are in process. Public water is available in this area from the City of Lake Wales 12 “ water line and sewer can be available with a lift station. The property has a future land use of A/RR (Agricultural/Rural Residential) and any division must be at least 5 acres per parcel. The property has great potential for Commercial or Industrial use if annexed into the City of Lake Wales. Elevations range from 130’ at the highest and dropping to about 118’ to the South near the Lake Wales Water plant.
Additional Features:
State Road 60 is a major East/West corridor to either Florida coast.
Great potential for annexation in to the City of Lake Wales and would seem to have potential for Industrial or Commercial uses and should also be considered or Residential development site with recreation areas, Mobile Home or RV Park, Recreation business, etc.