Property ID: 2302187 -
Property ID: 2302187
Type: Farms, Ranches, Undeveloped Land
Address: 245 W Lake Wales Rd S
City: Lake Wales
Directions: About 4 miles West of the City limits of Lake Wales on the North and South sides of the highway-at the intersection of Hwy.60 and West Lake Wales Rd.
Description: 198 +- acres Central Florida. Industrial and commercial land use designation on 3 sides. 3,359 ft. frontage on State Highway 60, a major East/West corridor in Florida which will be scheduled for future 6 lanes of traffic. 3,441 ft. frontage on paved West Lake Wales Road, a rural minor collector road. 2,300 frontage on Florida Midland Rail connecting to CSX rail. There is also 564 ft. frontage on the North side of Hwy.60.
The property includes a beautiful 3,228 sq. ft. under roof home built in 1948 which has been completely updated, yet still retaining the historic features. Detailed information is available on this for a qualified buyer. There are several other service buildings including cattle pens, a 2 car garage located to the South of the residence which was originally the site of parents residence. (the electric service pole and well are still there) There are 5 wells on the property servicing former grove areas, residence, pasture, etc. 4 of these are connected. Detail available.
The pasture is leased and there is also income from 2 large billboard signs on Hwy. 60. This income information is available to a qualified buyer but certainly is not adequate to amortize the purchase of the land. Real estate taxes are currently about $ 2,000. per year.
There is an underground natural gas transmission line going through the property and this would be a distinct advantage to a large company needing the availability of this resource.
The electric service for this site is Duke Electric, Telephone service is Verizon, Satellite and numerous wireless services are available. The residence includes an active security system. Polk County provides garbage collection and this is included in the real estate tax notices.
This property has very distinct advantages as to location and easy accessibility. The industrial land use classifications on 3 sides, the active rail on the South side, high visibility, convenient access to highway 60 from the West Lake Wales Road intersection, close proximity to the Lake Wales Airport which can accommodate small jets, City of Lake Wales city limits on East boundary, approximately 4 miles by rail to the new CSX Integrated Logistics Center, Highway 60 will be one of the major access routes to this CSX development and this site for sale could accommodate one or more of the service areas for this facility. This is an informative information link as to the CSX site.
The proposed Central Polk Parkway design currently shows it intersecting Hwy. 60 near the East border of this property and going North from there to I-4. This current design appears to impact this property in a positive way and would make very convenient access from Hwy. 60 North and from I-4 or US 27 South to Hwy. 60. Funding has not been obtained for this project at this point. Recent neighborhood construction includes a truck transfer terminal which is used in conjunction with the CSX rail intermodal site.
The property is shown by appointment only to a qualified buyer. OWNER WILL NOT DIVIDE THE PROPERTY. BROKER PARTICIPATION IS ENCOURAGED.
Contact Name: Mary L Adsit, Realtor
Phone Number: 863-285-7118 / 863-698-5377 cell
Address1: 5757 Trask Rd.
City: Ft. Meade
NOTE: The information contained herein is provided as general information only and has been obtained
from sources deemed reliable. It is provided without any guaranty, warranty or representation,
expressed or implied, made by
Lands of America
who specializes in land for sale, or any related entity, as to the accuracy
or completeness of the information. The information is presented subject to errors, omissions,
change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers
should make their own investigations, projections and conclusions concerning the information.