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1025 LAKELAND PARK CENTER DRIVE

Commercial Recently Sold
$850,000

BTC: 8.85987944

ETH: 250.96177409

Sold on: 2022-03-28
1206 days
0 room(s)
3,237 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

PRICE REDUCTION! INCLUDES 3 SEPARATE PROPERTIES! The subject properties are 3 individual parcels, each to be sold separately. Formerly had an RAC zoning classification, but subsequently annexed in the City of Lakeland, the zoning is still to be determined, but likely to be C2 or C5. Single family homes presently reside on each lot, and are all income producing and 100% occupied. The properties are located in the new Lakeland Park Center retail community, anchored by Old Navy, Ross and Dick's Sporting Goods, with a number of other large national retailers, and restaurants close by. Further development is imminent in the area. There is also a high traffic entrance at Exit 32 (US Highway 98 North) on Interstate 4, located between Orlando and Tampa, with several hotels and the Lakeland Mall very close by. 46,000 AADT on US 98 North, and 95,500 AADT on Interstate 4. The eventual highest and best use would be retail or hotel. Assembling the other properties on this block will be essential to realize this opportunity's full potential.

Location

Florida • LAKELAND • 33809 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
0.75 Acres
Heating:
No Data
Price/sqft:
$297
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Cooling

    • Central Air

  • Lot

    • Lot: 0.75 Acres

    Other Property Information

    • Parcel Number: 232736015700001040

    • Zoning: RAC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $1,024

  • Source details

    • MLS ID: L4903597

    Other facts

    • Construction Materials: Block

    • Living Area: 3237

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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 ©2024-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: COLDWELL BANKER REALTY