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2135 US 98 N hwy

1.85 Acres of Commercial Land Offered at $1,650,000 in Lakeland, FL 33805

Investment Highlights

  • Zoning: C-1
  • 1.85 acres
  • 35,500 VPD
  • CRA District: Midtown
  • 360' Frontage on 98 North

Property Facts

Price $1,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.85 AC

1 Lot Available

Lot

Price $1,650,000
Price Per AC $891,892
Lot Size 1.85 AC

Description

Property: This property’s strategic location in the heart of Lakeland, Florida, a prime commercial site that presents an exceptional redevelopment opportunity. This property, zoned as C- 1 and FLU of mixed commercial corridor (MCC) land use, is situated within the thriving Midtown Community Redevelopment Area (CRA), with attractive development incentives available. The property benefits from Lakeland Electric service for both water and electricity, sewer and is within the city limits. The 1.85-acre parcel includes a 1,440 square foot warehouse, making it ready to uses for various commercial uses. Located outside the historic district but within the census tract 114.00 and enterprise zone, this property’s Future Building Code (FBC) is designated as Urban Corridor, adding to its strategic value. With the Midtown CRA incentives this location is poised to become a cornerstone of Lakeland's commercial landscape. Location: This site is located just 1.9 miles to I-4 in a heavily populated residential area with 154,769 people within a 10-minute drive time. Site is located at the corner of US Hwy 98 N and Tucker Street within the Midtown CRA with 35,500 VPD. Area Information: Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-28-01-018000-010010
Land Assessment
$403,763
Improvements Assessment
$100,411
Total Assessment
$504,174
  • Listing ID: 34094115

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 2135 US 98 N hwy, Lakeland, FL 33805

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