Catylist ID:
#30462568
| 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: | 1/15/2021 |
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 |
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 |
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