2,235 +/- Acres in Polk County Sold for $7.6 Million by SVN Saunders Real Estate

FOR IMMEDIATE RELEASE (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 is regarded as an authority on all types of Florida land, transacting over $1 billion in sales from 1996 through 2012. The Saunders team of land real estate professionals offers advisory and transactional services through its 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 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 www.saundersrealestate.com.