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8418 US HIGHWAY 98 N

Lots/Land For Sale
$3,999,000

BTC: 50.30188679

ETH: 1,644.32565789

3 days
0 room(s)

Overview

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY ON US HIGHWAY 98 NORTH IN LAKELAND! Discover 10.13 contiguous acres offering outstanding highway visibility, approximately 325 feet of frontage along US Highway 98 North, and a strategic location in one of Lakeland's established commercial corridors. This unique offering consists of two adjoining parcels totaling approximately 7.92 acres and 2.21 acres, providing an opportunity for investors, developers, and businesses seeking substantial acreage along a major Central Florida transportation corridor. The property benefits from its location along a heavily traveled roadway surrounded by established commercial activity and growing residential communities. The existing Linear Commercial Corridor (LCC) future land-use boundary extends beyond the 2.21-acre commercial parcel and into the adjoining 7.92-acre residential parcel, presenting an opportunity to pursue additional commercial land-use and zoning approvals within the established corridor. The MLS reflects a county-imported C-3 zoning designation; however, zoning and land-use classifications may differ between the parcels. Any proposed changes in use, rezoning, or development are subject to Polk County review and applicable governmental approvals. The property features direct frontage along US Highway 98 North and access from Banana Road, offering multiple points of connectivity. Preliminary utility research has identified nearby public water infrastructure and potential service connection opportunities, subject to utility provider confirmation, engineering requirements, available capacity, and associated improvements. The substantial acreage and highway exposure make this an attractive opportunity to explore a variety of development concepts, including potential phased development, subject to applicable land-use regulations and site-specific feasibility. Two existing manufactured homes used as rentals are located on the property and are included in the sale, although the property is being marketed primarily for its land value and development potential. Conveniently located in North Lakeland with access to surrounding residential neighborhoods, established businesses, and major transportation routes, this offering presents an opportunity to secure a sizable landholding in the Lakeland market. Buyer and buyer's representatives are responsible for independently verifying zoning, future land use, utilities, access, permitted use, environmental conditions, development feasibility, and all applicable governmental requirements.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
10.13 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Highlights

Annual tax
$7,935
2025
All facts and features
  • Lot

    • Lot: 10.13 Acres

    Other Property Information

    • Parcel Number: 232711000000012020

    • Zoning: C-3

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Sewer Nearby

    • Water Nearby

  • Other financial information

    • Annual tax amount: $7,935

  • Source details

    • MLS ID: L4965818

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: Irregular

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP