Exciting opportunity for a retail or hospitality project. Lighted corner at new road that is under construction. Property is approximately 12.4 acres and is zoned C-3 Highway Commercial. Located along US Hwy 27 corridor in an area of booming commercial and residential development. This property offers an excellent opportunity for retail, multifamily, and hotel development. It is located directly adjacent to Publix, Home Depot, Kohl's, and many other stores and restaurants. Additionally, it is directly across the street from the 600,000 square foot Eagle Ridge Mall. There is a proposed traffic light and new road which will give this site a lighted hard commercial corner. Also adjacent to this site is a 335 unit apartment complex currently under construction. 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.
Sold for $8,900,000
$8,900,000
931 Chalet Suzanne Rd, Lake Wales, FL 33859
--beds
0baths
12.4Acres
Commercial
Built in 2024
12.4 Acres Lot
$-- Zestimate®
$554/sqft
$1,923 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,923/mo
Zestimate® history
Owner options
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$1,923/mo
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$58,956/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Interior area
- Total interior livable area: 16,066 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 12.4 Acres
- Features: Street Paved, Flood Plain, Buildable, Wetlands, Irregular Lot
Details
- Additional structures: Billboard
- Parcel number: 272915000000043050
- Zoning: RC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public, Sewer Available, Water Available
Community & HOA
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $554/sqft
- Tax assessed value: $6,949,557
- Annual tax amount: $140,062
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | $8,900,000+1235.7%$554/sqft |
Source: Public Record Report a problem | ||
| 11/17/2022 | Sold | $666,300-72.8%$41/sqft |
Source: Public Record Report a problem | ||
| 9/21/2020 | Listing removed | $2,450,000$152/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 8/20/2020 | Price change | $2,450,000+84.2%$152/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 8/6/2020 | Listed for sale | $1,330,000+284.4%$83/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 3/11/2020 | Sold | $346,000-85.9%$22/sqft |
Source: Public Record Report a problem | ||
| 12/29/2019 | Price change | $2,450,000+84.2%$152/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 11/21/2019 | Price change | $1,330,000-45.7%$83/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 11/16/2019 | Price change | $2,450,000+84.2%$152/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 11/12/2019 | Price change | $1,330,000-45.7%$83/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 8/2/2019 | Price change | $2,450,000-23.4%$152/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 7/24/2019 | Listed for sale | $3,200,000$199/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 5/13/2019 | Listing removed | $3,200,000$199/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 1/5/2019 | Price change | $3,200,000+814.3%$199/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4902888 Report a problem | ||
| 11/7/2018 | Price change | $350,000-89.1%$22/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4903329 Report a problem | ||
| 10/8/2018 | Listed for sale | $3,200,000$199/sqft |
Source: CROSBY & ASSOCIATES, INC. #P4903329 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $140,062 +1227.9% | $6,949,557 +1162.9% |
| 2024 | $10,548 -1.3% | $550,273 |
| 2023 | $10,686 +106.6% | $550,273 +100% |
| 2022 | $5,172 -4.8% | $275,108 |
| 2021 | $5,434 +175.7% | $275,108 +177.8% |
| 2020 | $1,971 -2.7% | $99,039 |
| 2019 | $2,026 -1.1% | $99,039 |
| 2018 | $2,048 -1.4% | $99,039 |
| 2017 | $2,077 -1.3% | $99,039 |
| 2016 | $2,103 -1.9% | $99,039 |
| 2015 | $2,144 -1.1% | $99,039 |
| 2014 | $2,168 +18.3% | $99,039 |
| 2006 | $1,833 | -- |
| 2005 | -- | -- |
| 2004 | $1,854 | -- |
| 2003 | $1,854 | $71,030 |
Find assessor info on the county website
Neighborhood: 33859
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Nearby schools
GreatSchools rating
- 2/10Spook Hill Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 2/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-11Distance: 5 mi
- 3/10Winter Haven Senior High SchoolGrades: 9-12Distance: 7.7 mi
- Florida
- Polk County
- Lake Wales
- 33859
- 931 Chalet Suzanne Rd