$900,000 1025 Lakeland Park Center Drive Lakeland, FL

MLS: L4903597   Type: Commercial   County: Polk   City: Lakeland   Area: Lakeland - Polk City   Zip: 33809   Style: Retail     Taxes: $2,838

Mortgage $4,225 /mo



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PRICE REDUCTION! INCLUDES 3 SEPARATE PROPERTIES! The subject properties are 3 individual parcels, each to be sold separately. Formerly had an RAC zoning classification, 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.

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Price History

2/2/2020 Listed $900,000

Business Type Commercial, Hotel/Motel, Restaurant, Retail
MLS Area 33809 - Lakeland / Polk City
New Construction No
Property SubType Retail
Property Type Commercial
Special Listing Conditions None
Status Active
Total Num Buildings 3
Township 27
Year Built 1956
Zoning RAC

Interior Features

Cooling Central Air
Living Area 3237.00

Exterior Features

Building Area Total 3237.00
Construction Materials Block
Lot Size Acres 0.75
Lot Size Square Feet 33670
Number of Lots 3
Road Frontage Type City Street
Water Access Y/N No
Water Extras Yn No
Water View Y/N No
Waterfront Feet Total 0
Waterfront Y/N No

Property Schools

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Property vs Zip Code Avg (33809)

Price 900K Avg 1.10M

Sqr Feet 3,237 Avg 3,437

Cost / Sqr Ft $278 Avg $322

Taxes $2,838 Avg $1,794

Acres 0.75 Avg 22.64

Visits 2 Avg 50

Days on Site 556 Avg 392

Walkscore® 54 Avg 54

Data Provided by Walkscore ® not using MLS data

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Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL