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2820 US Highway 98 Hwy - Vacant Commercial Property 1.85 Acres of Commercial Land Offered at $750,000 in Lakeland, FL 33805
Investment Highlights
- Prime Location: Situated on US-98N in Lakeland, FL, a major commercial corridor with high traffic counts.
- Visibility & Exposure: Excellent road frontage providing maximum visibility for businesses.
- Versatile Usage: Suitable for retail, office space, medical facilities, automotive, service businesses, and more.
- Size & Zoning: 1.85 acres of commercially zoned land, ideal for various business opportunities.
- Strong Growth Area: Surrounded by established businesses, residential communities, and future development.
- Easy Accessibility: Convenient access to major roadways, making it a prime investment opportunity.
Executive Summary
Selling Price: $750,000.00
Down Payment: 10% or $75,000.00
Loan Amount: $675,000.00
20-years
Interest Rate: 8.95%
Monthly Payments:
$6,561.00/month
NO PENALTY FOR EARLY PAY OFF
Down Payment: 10% or $75,000.00
Loan Amount: $675,000.00
20-years
Interest Rate: 8.95%
Monthly Payments:
$6,561.00/month
NO PENALTY FOR EARLY PAY OFF
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.85 AC |
| Property Type | Land | ||
| Zoning | C-4 - Commercial | ||
| Price | $750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.85 AC |
| Zoning | C-4 - Commercial |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.85 AC |
| Price Per AC | $405,405.41 |
| Price | $750,000 |
| Price Per AC | $405,405.41 |
| Lot Size | 1.85 AC |
Size: 1.85 acres Location: High-traffic corridor on US-98N, Lakeland, FL Annual Average Daily Traffic: 35,500 Zoning: Commercial Accessibility: Direct highway frontage with easy access Nearby: Established businesses, residential communities
Description
Prime 1.85-acre commercial lot on US-98N in Lakeland, FL, offering high visibility, heavy traffic exposure, and excellent accessibility. Positioned in a rapidly growing area, this lot provides a strong investment opportunity for future development.
Property Taxes
| Parcel Number | 23-28-01-016500-000320 | Improvements Assessment | $681,368 |
| Land Assessment | $243,393 | Total Assessment | $243,393 |
Property Taxes
Parcel Number
23-28-01-016500-000320
Land Assessment
$243,393
Improvements Assessment
$681,368
Total Assessment
$243,393
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2820 US Highway 98 Hwy - Vacant Commercial Property
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