5027 State Rd 557, Lake Alfred, FL 33850 - Polk County

PROPERTY DESCRIPTION - Introducing an exceptional investment opportunity located at 5027 State Road 557, Lake Alfred, FL, 33850. The property was recently annexed into the City of Lake Alfred and the upland area of the property of approximately 23 acres is anticipated to be zoned I1 (light industrial), providing an ideal canvas for a prospective land or residential investor looking to capitalize on the thriving market in the Lake Alfred area. However, as of the date of this offering, the zoning and future land use designation has not yet been assigned. With its strategic location and anticipated light industrial zoning, this property offers an enticing prospect for development or investment.

LOCATION DESCRIPTION -Nestled on the northern side of the charming community of Lake Alfred, this area offers a serene and inviting environment for a small industrial development. Boasting easy access and just 1.25 miles south of the newly reconfigured I-4 and CR 577 interchange with a new diamond configuration with dual teardrop shaped roundabouts. It should be noted that CR 577 is being widened from two to four lanes from Interstate 4 south to U.S. 17/92 in Lake Alfred and is funded for FY 2026. This location would be ideal for a service or distribution company that could serve both Tampa and Orlando MSA's and capture more revenue potential.

PROPERTY SIZE - 145.0 Acres

ZONING - I1 (Light Industrial)

PARCEL ID - 26-27-05-000000-014010

PRICE - $275,000 per buildable acre