Exciting opportunity for a retail or hospitality project. Lighted corner at new road that is under construction. Property is approximately 12.4 acres and is zoned C-3 Highway Commercial. Located along US Hwy 27 corridor in an area of booming commercial and residential development. This property offers an excellent opportunity for retail, multifamily, and hotel development. It is located directly adjacent to Publix, Home Depot, Kohl's, and many other stores and restaurants. Additionally, it is directly across the street from the 600,000 square foot Eagle Ridge Mall. There is a proposed traffic light and new road which will give this site a lighted hard commercial corner. Also adjacent to this site is a 335 unit apartment complex currently under construction. The southern portion of Star Lake Blvd. will be constructed for access to the apartments and will terminate and the new traffic light to be installed.
Sold for $8,900,000
$8,900,000
931 Chalet Suzanne Rd, Lake Wales, FL 33859
--beds
0baths
12.4Acres
Commercial
Built in ----
12.4 Acres Lot
$-- Zestimate®
$--/sqft
$1,923 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,923/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Property
Lot
- Size: 12.40 Acres
- Features: Street Paved, Flood Plain, Buildable, Wetlands, Irregular Lot
Details
- Additional structures: Billboard
- Parcel number: 272915000000043050
- Zoning: RC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Lake Wales
Other
Other facts
- Property Type: Land
- Total Acreage: 10 to less than 20
- Lot Features: Street Paved, Flood Plain, Buildable, Wetlands, Irregular Lot
- Utilities: Public, Sewer Available, Water Available
- Current Adjacent Use: Commercial, Multi-Family
- Other Structures: Billboard
- Additional Parcels YN: 0
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront YN: 0
- Water View YN: 0
- Number Of Lots: 1
- Flood Zone Code: AE
- Waterfront Feet Total: 0
- Public Survey Range: 27
- Public Survey Section: 16
- Zoning: RC
- Tax Year: 2018
- Flood Zone Panel: 12105C0555H
- For Lease YN: 0
- Front Footage: 1275
- Property Sub Type: Commercial
- Road Frontage Type: Main Throrughfare
- Water Source: Public
- Sewer: Public Sewer
- Future Land Use: RAC
- Lot Size Dimensions: IRREGULAR
- Flood Zone Date: 2016-12-22
- Tax Annual Amount: 648.00
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | $8,900,000+1235.7% |
Source: Public Record Report a problem | ||
| 11/17/2022 | Sold | $666,300-72.8% |
Source: Public Record Report a problem | ||
| 9/21/2020 | Listing removed | $2,450,000 |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 8/20/2020 | Price change | $2,450,000+84.2% |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 8/6/2020 | Listed for sale | $1,330,000+284.4% |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,548 -1.3% | $550,273 |
| 2023 | $10,686 +106.6% | $550,273 +100% |
| 2022 | $5,172 -4.8% | $275,108 |
Find assessor info on the county website
Neighborhood: 33859
Nearby schools
GreatSchools rating
- 2/10Spook Hill Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 1/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-10Distance: 5 mi
- 3/10Winter Haven Senior High SchoolGrades: 9-12Distance: 7.7 mi