15.73+- ac for Res or School in Lakeland

Vacant Land for Sale
Catylist Listing ID: 30462568
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 15.73 Acres
Sale Price: $900,000
Unit Price: $57,215 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2019

Overview / Comments

PROPERTY DESCRIPTION The opportunity is for a developer or investor to purchase a prime 15.73 acre site that could be developed for school or residential uses. The current land use allows for single family home construction, though the site has an expired PUD which was previously approved for a 64 unit townhouse project which has the potential to be re-approved. The site has 1.91 acres of wetlands on it that previously were approved for removal, though any buyer will need to likely renew this approval should they wish to impact it. Water is to the property line with sewer being approx. 1,000 Ft north of the parcel.

LOCATION DESCRIPTION The property is located in the south east quadrant of E. CR 540A and Lakeland Highlands Rd in unincorporated Polk County. It sits on the south side of the road directly across the street from the newly constructed 35,000 SF state of the art Watson Health Clinic at a major retail node.

PROPERTY SIZE 15.73 Acres

ZONING RL-1

PARCEL ID 242921000000033010

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Tax ID/APN: 242921287000000500

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,827 43,310 99,271
Median Age: 40.62 40.7 40.49
Households: 626 15,764 39,028

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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