1,619 +/- Acres in Polk County Sold for $6.3 Million by Coldwell Banker Commercial Saunders Real Estate

FOR IMMEDIATE RELEASE (LAKELAND, FL – April 25, 2014) Coldwell Banker Commercial Saunders Real Estate in Lakeland, FL (CBCSRE) announces the recent sale of Lake Hatchineha Ranch, totaling 1,619 +/- acres and closing for $6,315,790. The property is located in Lake Hamilton, Florida in Polk County. Richard Dempsey, ALC from Coldwell Banker Commercial Saunders Real Estate, represented the seller. The buyer was separately represented.

The property is uniquely surrounded by state-owned and privately-protected tracts of land with 750 feet of water frontage and the Riparian rights to 4,500 +/- feet of lake frontage. The land was used as a cattle ranch and recreational property.

Dempsey is a 25-year veteran of the real estate appraisal industry and currently specializing in all types of agricultural land, citrus groves, large acreage tracts, ranches, hunting/recreational tracts, and commercial/development land.

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate is regarded as an authority on all types of Florida land, transacting over $1 billion in sales from 1996 through 2013. Expanded in 2013 adding the CBC Saunders Real Estate | Forestry Group with advanced timberland expertise, the Saunders team of foresters and land real estate professionals offers advisory and transactional services through the home office in Lakeland, FL and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide.

CBC Saunders Real Estate offers a broad range of services to meet the real estate needs of Florida landowners. Through long-held relationships with key government and industry decision makers, the firm provides consulting on government issues both locally and on state and national levels. For more information, please visit SaundersRealEstate.com.

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