1,619 +/- Acres in Polk County Sold for $6.3 Million

FOR IMMEDIATE RELEASE

Photo of Richard Dempsey

Richard Dempsey, ALC

LAKELAND, FL April 25, 2014 – Coldwell Banker Commercial Saunders Real Estate(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 (CBCSRE) is regarded as an authority on all types of Florida land and conservation easements, transacting over $1 billion in sales from 1996 through 2013. Offering land, forestry, and conservation easement real estate services through CBC Saunders Real Estate and the CBC Saunders Real Estate |Forestry Group, the Saunders team of land professionals and foresters offers advisory and transactional services through the home office in Lakeland, FL, the North Florida office in High Springs, FL, and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide. We provide services to land and commercial clients through both CBCSRE and our commercial real estate brokerage, Coldwell Banker Commercial Saunders Ralston Dantzler Realty.