KATHLEEN ROAD/NORTH LAKELAND DEVELOPMENT PARCEL 2

Vacant Land for Sale
Catylist Listing ID: 30005088
Property Subtypes: Retail
Gross Land Area: 3.06 Acres
Sale Price: $745,000
Unit Price: $243,464 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Site:2 - 3.06 acres - $745,000.00
Excellent development opportunity in fast growing area of North Lakeland with close proximity to the US 98 North/Lakeland Regional Mall / I-4 corridor market. NAC Neighborhood Activity Center Transit Supportive Development Area allows a broad range of commercial/retail uses. Located next to the new family Dollar.

Access through shared driveway at the corner of Kathleen and Galloway Roads at lighted intersection. Large pylon available for all business.

Surrounded by major residential developments such as Terra Largo, a 580-unit upscale residential subdivision with homes from $200,000.00 to $5M - Hampton Hills - Sunset Lakes, etc. Located approx 2 miles West of US 98 North/I-4, Lakeland Square Mall (1.2 M square feet) and new Lakeland Park Center (210,000 SF) with major national retailers.

Contiguous to sites 3 (5.98 acres zoned residential) and 4 (16 acres conservation) which are available for separate purchase.

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Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Taxing Authority: POLK COUNTY
Tax ID/APN: 232727010505000030
Zoning: NAC
Property Located Between: Lakeland and Tampa
Property Visibility: Excellent
Largest Nearby Street: Kathleen Road and Galloway Road
Feet of Frontage: 179
Traffic/Vehicle Count: 16,500
Highway Access: Kathleen Road East to Interstate-4 Tampa International Airport - Lakeland Linder Airport - Orlando International Airport.
Airports: Lakeland Linder International - Tampa and Orlando International Airports.
Site Description: Gently Sloping with great frontage and visibility. Access through rear shared driveway with Family Dollar and other potenial development. Some Trees.
Area Description: Outskirts of Terra Largo a 580-unit upscale residential development complex and close proximity to the US 98 North/I-4 quadrant with major retail, commercial and residential.
Lot Frontage: 179
Zoning Description: NAC Neighborhood Activity Center - Transit Support Development Area
Part of Planned Development?: Yes
Development Name: Transit Supportive Development Area
Topography: Gently Sloping
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,870 47,567 112,022
Median Age: 41.05 38.08 39.11
Households: 1,880 18,113 43,077

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