Your email has been sent.
5510 S Florida Ave 4.13 Acres of Commercial Land Offered at $7,290,000 in Lakeland, FL 33813
INVESTMENT HIGHLIGHTS
- Full median cut for all direction (in and out)
- Located in a prime location with heavy foot traffic
- Traffic count for vehicles per day is 42,056
PROPERTY FACTS
| Price | $7,290,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.13 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | LCC | ||
| Price | $7,290,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.13 AC |
| No. Stories | 1 |
| Zoning | LCC |
1 LOT AVAILABLE
Lot 1
| Price | $7,290,000 | Lot Size | 4.13 AC |
| Price Per AC | $1,765,133.17 |
| Price | $7,290,000 |
| Price Per AC | $1,765,133.17 |
| Lot Size | 4.13 AC |
This 4.13-acre lot is well located along well trafficked S Florida Ave. This corridor boasts a broad array of powerful national retail brands. There is a full median cut along SR 37 allowing for all directional access, with 270 linear ft frontage.
DESCRIPTION
This land site is powerfully positioned along the West side of S Florida Ave located near the SEC of Fitzgerald Rd and S Florida Ave. At the SEC is a newer Wawa, on the Wawa's South Side is a newly developed Car Wash situated on just over 1 ac of land. The 4.13 ac +/- Subject Property (5510 S Florida Ave) has its northern boundary abutting the southern property line of the new Car Wash. Just south of the Subject Property is a 5 ac + parcel of land, recently purchased by Lakeland Regional Medical Center (LRMC). LRMC plans to deliver a large medical facility on this new campus site. Just to the south of this new medical campus is a Miller Ale plus other fine national retailers lining up going south all the way to a Walmart Super Center (2.3 miles south). On the opposing side of S Florida Ave, just across from the Subject Property, is a 2 ac property (5501 S Florida Av) purchased, entitled, made pad ready, then placed back on the market for an asking price of $3.5M - this real estate asset is UNDER CONTRACT. Zoning/FLU = LCC allowing for the possibility of a broad array of retail uses. The 3/5 mile radius Avg HH income show at $98,285 / $85,942 - a stong household income base.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $225,051 | |
| Land Assessment | $627,915 | Total Assessment | $852,966 |
PROPERTY TAXES
Presented by
5510 S Florida Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.