1405 Lake Shore WayLake Alfred, FL 33850

  • Land
  • 26,992 SF
For Sale
$2,750,000 View listing

Property Details for 1405 Lake Shore Way

Year built
1983
Lot size
4.54 AC
Property size (Sq ft)
26,992 SF
Zone code
C-3
Property type
Land
Property subtype
Commercial land
APN
262805526000000070
APU
262805526000000070

Description

This exceptional 9.91-acre commercial land parcel in Lake Alfred, Florida, presents a unique development opportunity. Located at 1405 S Lake Shore Way, 33850, this property boasts ±900 feet of highway frontage along US-17 and US-92, a high-traffic area with approximately 50,000 cars daily. The strategic location offers easy access to Downtown Winter Haven, just three miles south. Multiple access points enhance convenience and visibility. The property is zoned C-3 & R-1A (Lake Alfred), allowing for diverse development options including retail, office, service, self-storage, hospitals, warehouses, and light industrial uses. The asking price is $2,750,000, translating to $277,778 per acre. The APN numbers are 262805526000000070, 00150, 00031, 00041, 00052, 00054, 00015, 00055, 00014, 00011, 00101, 00051, and 00053. This prime location and flexible zoning make this an ideal investment for developers seeking high visibility and diverse development potential. The property's excellent highway exposure and multiple access points ensure maximum visibility and accessibility for any future development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,029,662
    Hospitality
    $8,271,122
    Educational
    $6,881,476
    Medical
    $7,118,141
    Retail
    $10,704,519
1405 Lake Shore Way, Lake Alfred, Florida

Location Insight

City
Lake Alfred
County
Polk
State
Florida
Latitude
28.0759
Longitude
-81.7337
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,438
$227,408
-
$227,408
-
$227,408
-
$227,408

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