David Ramirez
Agriculture

Commercial Sale · Agriculture

$395,000$599,9994,348 sq ft$91 /sq ft4.99 acres113.9% cap

3510 WALK IN WATER ROAD, LAKE WALES, FL, 33898

Active110 days on marketListed Apr 30, 2026MLS #O6403600

About this property

The property at a glance

Rare 5-acre previously certified organic farm opportunity in the Lake Wales area featuring extensive infrastructure, established crop production, and exceptional expansion potential. A major highlight of the property is the newly built 2026 five (5) Controlled Environment Agriculture (CEA) greenhouse structures currently reported to be approximately 85% complete, utilizing Nutrient Film Technique (NFT) and Deep Water Culture (DWC) hydroponic systems widely used for high-yield, year-round production. At full capacity, the hydroponic expansion is designed to support approximately 65,000 plants, creating immediate functionality with substantial future production upside. The existing farm features a diversified portfolio of organically maintained specialty crops, many of which are processed into premium teas, creating a value-added revenue stream aligned with the growing health and wellness market. Current plant inventory includes approximately 30,000 Insulina plants, 8,000 blueberry plants with annual fruit harvests and crop insurance, 600 Fig trees, 600 Passion Fruit plants, and 250 Moringa trees. Total plant count is approximately 39,450 plants, all figures approximate. The farm is exceptionally well-equipped with 9 wells onsite, a zoned irrigation system, and approximately 18,000 feet of PVC piping rated at 550 PSI. Additional utility improvements include a 10x10 pumphouse, 15 HP pump system, 16KW Generac generator, and 550-gallon propane tank. Improvements include an 18x30 processing/wine room on slab with air conditioning, 80x20 washing and drying greenhouse, multiple existing greenhouses, storage buildings, support structures, and a 20x60 open metal building. Existing infrastructure represents a substantial investment and may significantly reduce startup costs, time, and development risk for growers, investors, operators, or agribusiness entrepreneurs seeking an active agricultural footprint with expansion potential. Strategically located near Highway 60 with strong access to Orlando, Tampa, and markets throughout Central and South Florida. A rare opportunity to acquire established agricultural acreage with infrastructure, hydroponic expansion, production capacity, and future upside. Previously certified organic farm; new owner may have the opportunity to reapply for organic certification subject to applicable requirements and approval. Lot dimensions approximate; buyer to verify. All measurements, crop counts, acreage, certifications, construction status, equipment, improvements, and property details are believed to be accurate but should be independently verified by Buyer. Any information regarding agricultural operations, production capacity, business use, or income potential is not guaranteed.

4,348

Building sq ft

$91

Price / sq ft

4.99

Lot acres

2014

Year built

8

Buildings

Agriculture

Property type

Building size4,348 sq ft
Lot size4.99 acres
Year built2014
Buildings8
ConstructionBlock · Metal Frame · Vinyl Siding · Wood Frame
CoolingA/C - Office Only
UtilitiesElectricity Available
Annual taxes$101

The numbers

Investment snapshot

113.9%

Cap rate

$450,000

Net operating income

Estimated payment (illustrative)

Down payment25% · $98,750
Interest rate6.00%
Loan term

Estimated payment

$1,945/mo

Principal & interest$1,776
Property taxes (actual bill)$8
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

5-min drive10-min drive15-min drive

The area

Who's around this property

18,426

Population

$54,778

Median income

46.9

Median age

2.51

Avg household

$161,500

Median home value

$1,122/mo

Median rent

1,790

Households w/ kids

Recent sales

What actually sold near 3510 WALK IN WATER ROAD

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

500 CLUB CIRCLE

$7,200

500 CLUB CIRCLE

Sold Mar 24, 2025

500 CLUB CIRCLE UNIT J

$14,400

500 CLUB CIRCLE UNIT J

1,152 sqft · $13/sqft · Sold Jul 1, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 3510 WALK IN WATER ROAD — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 3510 WALK IN WATER ROAD.

See it in person

Schedule a tour

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Listing courtesy of LPT REALTY, LLC · Keigan Lewis. MLS #O6403600.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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