Richard Dempsey Sells 2,235 +/- Acres in Polk County for $7.6 Million

FOR IMMEDIATE RELEASE

Photo of Richard Dempsey

Richard Dempsey, ALC

LAKELAND, FL February 11, 2013 – Coldwell Banker Commercial Saunders Real Estate in Lakeland, FL (CBCSRE) announces the recent sale of 2,235 +/- acres closing for $7,600,000. The large-acreage property is located in Lake Wales, Florida in Polk County. Richard Dempsey, ALC, from Coldwell Banker Commercial Saunders Real Estate, represented the seller.

The property, known as Walk-in-the-Water Ranch, sits on the 7,528 +/- acre Lake Walk-in-the Water and is a perfect recreation and hunting property due to the abundant wildlife. Today the property is primarily used for cattle production, along with a 35 +/- acre citrus grove.

Dempsey is a 25-year veteran of the real estate industry in both appraisal and the buying and selling of land. Most recently recognized as the Realtor® of the Year by the Lakeland Association of Realtors® in 2011 and in the top 2% of all CBC associates in 2010, Dempsey continues to earn a variety of awards from Coldwell Banker Commercial and regional Realtors® associations.

He currently specializes in large acreage tracts, citrus groves, and development properties in Central Florida.

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. 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.