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0 N Citrus Grove Blvd - Polk City Development Land 0.45 Acres of Commercial Land Offered at $1,600,000 in Polk City, FL 33868
Investment Highlights
- There is water is on site and sewer nearby
- Located a couple of miles north of Florida Polytechnic University
- Road frontage on both State Road 33 and Citrus Grove Blvd N
- Sandy soils drain north into wetland areas
Executive Summary
This is a unique opportunity to acquire sizable development land in one of Florida’s quickest growing corridors. This 18.7 ± acre (15.8 ± upland) site previously held a PUD for 168 multifamily units, and the City has shown openness to alternative commercial uses, providing flexibility for development. The property also supports potential for a manufactured housing community, meeting growing demand for attainable housing. Its value is further enhanced by strong local and regional growth, driven by Florida Polytechnic University and the rapid expansion of Polk County, one of the fastest growing MSA's in the United States.
Property Facts
| Price | $1,600,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-4 - Mixed Residential Use | ||
| Price | $1,600,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.45 AC |
| Opportunity Zone |
Yes |
| Zoning | R-4 - Mixed Residential Use |
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.45 AC |
| Price Per AC | $3,524,229.07 |
| Price | $1,600,000 |
| Price Per AC | $3,524,229.07 |
| Lot Size | 0.45 AC |
This 18.7 ± acre (15.8 ± upland) site previously held a PUD for 168 multifamily units, and the City has shown openness to alternative commercial uses, providing flexibility for development.
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $157,576 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$157,576
Contacts
-
David Hungerford -
Joey Hungerford -
Frederic Thiriez -
Saunders Ralston Dantzler Commercial Real Estate
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0 N Citrus Grove Blvd - Polk City Development Land
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