Land in Lake Wales, Florida № 2329026

Property description

This ± 9-acre commercial site sits within one of Lake Wales’ most active retail growth areas. The property carries a CEX (Commercial Enclave-X) future land use designation, supporting commercial development within an established retail concentration—ideal positioning for neighborhood and regional-serving retail. Annexation opportunity: City of Lake Wales Growth Management indicates the property may be eligible for annexation with potential C-3 Commercial zoning (buyer to verify annexation eligibility, zoning, and allowable uses). The surrounding US-27 corridor is already functioning as a proven national-brand cluster anchored by ALDI and complemented by strong restaurant and service-retail co-tenancy, including Panera. The combination of grocery-driven daily traffic and established restaurant draw creates durable retail fundamentals—high trip frequency, strong tenant-to-tenant cross-shopping, and consistent US-27 visibility.