200 Acres Lake Wales Development

Property Description

This ±200-Acre mixed-use development opportunity is located along the US Highway 27 growth corridor in Lake Wales, Florida and carries Future Land Use designations of Medium Density Residential and Regional Activity Center (Rac). The site features 1,401.30 linear feet of frontage on Chalet Suzanne Rd, creating the potential for an approximately ±15-Acre commercial frontage band suitable for neighborhood-serving retail, pads, and service-oriented users, while the balance of the property provides depth for a master-planned residential program including multifamily and single-family components. The property is positioned in a proven daily-needs retail node anchored by Publix, with nearby national and regional users including Aldi, Chili's, Freddy's, Sherwin-Williams, Planet Fitness, Lowe's, and ABC Fine Wine & Spirits, and continued corridor momentum supported by Hampton Inn, a completed Chipotle, Slim Chickens, Starbucks, and a newly completed CubeSmart self-storage facility, along with multiple auto dealerships along US 27. As part of a coordinated development plan, a traffic signal and roadway connection may be achievable, and a prospective buyer is encouraged to meet with the City early to evaluate feasibility, access management criteria, alignment, and timing to maximize commercial exposure and internal circulation. The site is also associated with an approved PDP allowing up to 1,650 dwelling units and an approved 552-Unit apartment project, with wetlands described as carrying 6 du/acre density treatment that may allow for density clustering onto uplands (buyer to verify)

Maximum Density of 1,650 units

Hwy 27 Corridor

Across from Eagle Ridge Mall