Jane Ketover - Coldwell Banker Tony Hubbard
1025 Lakeland Park Center Drive
LAKELAND, FL 33809

Description

The subject properties are 3 individual parcels, each to be sold separately. Formerly had an RAC, but subsequently annexed in the City of Lakeland, the zoning is still to be determined, but likely to be C2 or C5. Single family homes presently reside on each lot, and are all income producing and 100% occupied. The properties are located in the new Lakeland Park Center retail community, anchored by Old Navy, Ross and Dick's Sporting Goods, with a number of other large national retailers, and restaurants close by. Further development is imminent in the area. There is also a high traffic entrance at Exit 32 (US Highway 98 North) on Interstate 4, located between Orlando and Tampa, with several hotels and the Lakeland Mall very close by. 46,000 AADT on US 98 North, and 95,500 AADT on Interstate 4. The eventual highest and best use would be retail or hotel. Assembling the other properties on this block will be essential to realize this opportunity's full potential.

Details

MLS#L4903597
StyleIndustrial
Sub-TypeResale
StatusActive
Year1956
Days On Site78

Features

SQ Feet1,225
Story(s)1
ZoningC-3

Market Activity 33809

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Area Information

StateFL
CountyPolk
CityLAKELAND
Zip Code33809
Area33809 - Lakeland / Polk City
Listing VS Median (in 33809)
Price:
$350,000
low | high
Med:
$179,900
98.6% of Average
SqFt:
1,225
low | high
Med:
2,028
15.551020408163% of Average
$ / SqFt:
$286
low | high
Med:
$89
100% of Average
On Site:
78
low | high
Med:
6
100% of Average
Listing Updated: 12/17/2018
MLS Number: L4903597
Listing Provided By:
Craig Morby  of  COLDWELL BANKER RESIDENTIAL RE

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