Investment Overview
The subject property consists of approximately 74 ± acres located in South Lake Wales. Previously used as a citrus grove, the property is all uplands and features gently rolling topography, offering an opportunity for continued agricultural use or future residential development.
The site is made up of six parcels, with five contiguous parcels making up the majority of the site and one separate parcel located to the west. There is approximately 2,670 ± feet of frontage along Underpass Road and about 980 ± feet of the east boundary adjacent to railroad tracks.
Improvements include a 1,500 ± square foot pole barn located on the east side of the property, two irrigation wells, and electricity. The north side of the property is served by a 10 inch well while the southwest side is served by an 8 inch well.
Investment Highlights
- Potential for continued agricultural use or future residential development
- Located in a growing area with multiple developments nearby
- All upland acreage with gently rolling topography