Catylist ID:
#30757615
| Catylist Listing ID: | 30757615 |
| Property Subtypes: | Office, Retail, Other |
| Gross Land Area: | 1.76 Acres |
| Sale Price: | $399,000 |
| Unit Price: | $226,704 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/12/2022 |
Overview / Comments
|
PROPERTY DESCRIPTION - The opportunity is to purchase 1.76 acres of commercial land in Lakeland, FL. The property is zoned PD Planned Development and has a future land use of LCC (Linear Commercial Center), which allows a wide variety of general commercial uses. Developed in conjunction with the Princeton Manor residential subdivision, the subject benefits from being part of the master stormwater retention. Therefore, the entire site is "usable" up to the maximum FAR of .7 (up to 70% of the site to be impervious). LOCATION DESCRIPTION - The property is located along US Highway 98 N at Princeton Manor Lane in north Lakeland, FL. Zoning and Future Land Use are LCC (Linear Commercial Center). The purpose of this district is to recognize existing linear concentrations of commercial, office, institutional, and industrial uses along roadways. They LCC land use also allows for multi-famiy residential development on the second floor or higher. MUNICIPALITY - Lakeland PROPERTY SIZE - 1.76 Acres ZONING - LCC Linear Commercial Center |
Additional Details
| Nearest MSA: | Lakeland-Winter Haven |
| County: | Polk |
| Tax ID/APN: | 232712000895000940 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,713 | 44,819 | 80,214 |
| Median Age: | 35.89 | 42.77 | 41.52 |
| Households: | 2,348 | 17,604 | 30,979 |
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