Exciting opportunity for a large Mixed Use, Multifamily or Single Family Residential Development. 2 traffic lights and a third installed soon for access. Property is approximately 200 acres and has future land use of Medium Density Residential and zoning of R-3. Located along US Hwy 27 corridor in an area of booming commercial and residential development. It is located directly adjacent to Publix, Home Depot, Kohl's, and much more. It is directly across the street from the 600,000 SF Eagle Ridge Mall. This site surrounds a new 260 unit apartment complex which has enjoyed record rental rates in the City of Lake Wales. 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. Much of the site is in floodplains and/or wetlands. We estimate approximately 27 upland acres.
Courtesy of Crosby & Associates, Inc.
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