Income Producing Development Land
518 W. Lake Wales Road N., Lake Wales, Florida 33859
Sold: $1,750,000
Property Details
Property Type
Land
Building Type
Freestanding
Land Size
69.57 acres
Water
WELL
Zoning
A/RRX
Property Description
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
