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550 State Road 540 - Christina Commercial Development Land 0.85 Acres of Commercial Land Offered at $1,000,000 in Lakeland, FL 33813
INVESTMENT HIGHLIGHTS
- 28.86 Acres (.85 buildable)
- Near Many Big Box Retails
- Busy Area of High Income Households
EXECUTIVE SUMMARY
One major development just across the subject site at the northeast corner of Hwy 540A and S Florida Ave is a Lakeland Regional Health Emergency Department. The new facility is part of the hospital's plan to expand healthcare options in Lakeland, adding significant value to the area. Not only will the facility broaden healthcare options but it will also bridge the gap between physicians and patients in the community. The proposed plans of the facility are a one-story 24,500 SF medical building.
PROPERTY FACTS
| Price | $1,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.85 AC |
| Property Type | Land | ||
| Zoning | CAC - community activity center | ||
| Price | $1,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.85 AC |
| Zoning | CAC - community activity center |
1 LOT AVAILABLE
Lot
| Price | $1,000,000 | Lot Size | 0.85 AC |
| Price Per AC | $1,176,470.59 |
| Price | $1,000,000 |
| Price Per AC | $1,176,470.59 |
| Lot Size | 0.85 AC |
Just under an acre of usable land, this prime real estate is located on a hard signalized corner of two highly traveled highways - South Florida Ave and County Road 540-A.
DESCRIPTION
Just under an acre of usable land, this prime real estate is located on a hard signalized corner of two highly traveled highways - South Florida Ave and County Road 540-A. The site is situated within the County's most affluent submarket, with a median household income of nearly $80,000 within a 2-mile radius. A brand new large ER facility will soon begin construction directly across from the site, bringing even more traffic and customers to the area. Because of the high-profile traffic and small size of the site, this location is perfect for a small free-standing retail space, including drive-thru-only concepts. Price Per Acre $1,176,471
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $451,372 | Total Assessment | $451,372 |
PROPERTY TAXES
CONTACTS
-
David Hungerford -
Joey Hungerford -
Jim Allen -
Saunders Ralston Dantzler Commercial Real Estate
Presented by
550 State Road 540 - Christina Commercial Development Land
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