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Income Producing Development Land

  SOLD September 2022 for $1,750,000

518 W. Lake Wales Road N., Lake Wales, Florida 33859


Land Size69.57 Acres
ZoningA/RRX
WaterWELL

PROPERTY SUMMARY

- Income Producing Citrus Grove!
- 6” Irrigation Well & Three Irrigation Power Pumps
- Close Access to S.R. 60 and US Hwy 27
- Residential or Industrial Development Potential!
- Growing Area!
- Location near CSX Intermodal Terminal!
- Current land use allows 1 unit per 5 acres but a PD zoning may allow more units per acre for any proposed residential development.

LOT SIZES & R. E. TAXES:
Lot 011060 = 22.30 Acres (2021 Tax $304.12)
Lot 011150 = 7.31 Acres (2021 Tax $113.50)
Lot 013020 = 20.61 Acres (2021 Tax $386.89)
Lot 013030 = 1.55 Acres (2021 Tax $26.77)
Lot 011070 = 46.08 Acres (2021 Tax $44.37)
Lot 011090 = 15.23 Acres (2021 Tax $262.11)
Total = 69.57 Acres

ZONING: A/RRX - Agriculture
UTILITIES: Well
SALE PRICE: $2,434,950


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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