1 ACRE + ON US 92 AND SR 563.

Vacant Land for Sale
Call for Offers
Catylist Listing ID: 30797323
Property Subtypes: Industrial, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 48,352 SF
Sale Price: $1,919,000
Unit Price: $39.69 PSF
In Opportunity Zone? Yes
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Purchase Money Mortgage, Other
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 5/11/2022

Overview / Comments

HIGHLIGHTS FOR THE LOTS:
THE CURRENT LISTING IS FOR 5 LOTS TOGETHER.
THERE ARE TOTAL OF 7 LOTS, IN WHICH 5 LOTS ARE SITUATED TOGETHER, THE OTHER 2 LOTS ARE ADJACENT TO THE MAIN BIG LOTS. PLEASE SEE THE OTHER LISTINGS MENTIONED IN THE REALTOR REMARKS ATTACH.
1. LOTS ARE SITUATED ON THE INTERSECTION OF GEORGE JENKINS BLVD. AND MARTIN L KING JR. AVE. (SR 563 / US 92).
2. HEAVY TRAFFIC, WITH VEHICLES DAILY COUNT OF 22,000 + 8000 = 30,000.
3. LOCATED IN OPPORTUNITY ZONE, POSSIBILITY OF REZOING FOR COMBINED UNDERDEVELOPED LAND PARCELS.
4. COMBINED 5 PARCELS OF THE BIG LOTS HAS 118 FEET OF PRIME FRONTAGE ON U S 92 AND 393 FEET OF PRIME FRONTAGE ON GEORGE JENKINS BLVD.
5. GREAT LOCATION FOR MEDICAL BUILDING, GAS STATION, RESTAURANT AND VARIETY OF POSSIBLE USES.
6. EXCELLENT VISIBILITY AND EASY ACCESS FROM US 92 AND GEORGE JENKINS BLVD.

PLEASE DO DUE DILIGENCE ABOUT THE INFORMATION PROVIDED AND CONFIRM WITH THE APPROPRIATE AUTHORITIES.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $1,050 (Annual)

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Taxing Authority: POLK
Tax ID/APN: 232813061500012020,232813061500012010,232813061500012030,232813061500012040,232813061500011020
Zoning: MF-22
Property Located Between: GEORGE JENKINS BLVD. AND MARTIN L. KING JR. AVE (SR 563/ US 92)
Property Visibility: Excellent
Legal Description: MCRAE & BRYANTS ADD RESUB PB 1 PG 44A & PB 2 PG 64 -------- BLK 12 LOT 2 LESS DAKOTA AVE R/W & LESS R/W FOR SR 548 DESC IN OR 6222 PG 1313 & W1/2 OF VACATED RD LYING E OF ABOVE, MCRAE & BRYANTS ADD RESUB PB 1 PG 44A & PB 2 PG 64 BLK 12 LOT 1 & W1/2 OF VACATED N VIRGINIA AVE LYING E OF SAME & E1/2 OF VACATED RD LYING W OF SAME, MCRAE & BRYANTS ADD RESUB PB 1 PG 44A & PB 2 PG 64 BLK 12 LOT 3 LESS DAKOTA AVE R/W & LESS R/W FOR SR 548 AS DESC IN OR 6222 PG 1313 & W1/2 OF VACATED RD LYING E OF ABOVE, MCRAE & BRYANTS ADD RESUB PB 1 PG 44A & PB 2 PG 64 BLK 12 LOT 4 & E1/2 OF VACATED RD LYING W OF SAME & W1/2 OF VACATED N VIRGINIA AVE LYING E OF SAME, MCRAE & BRYANTS ADD RESUB PB 1 PG 44A & PB 2 PG 64 BLK 11 LOTS 2 & 3 & E1/2 OF VACATED N VIRGINIA AVE LYING W OF SAME.
Largest Nearby Street: GEORGE JENKINS BLVD. AND MARTIN L. KING JR. AVE. (SR 563/US 92)
Feet of Frontage: 118
Traffic/Vehicle Count: 22,000
Highway Access: THE LAND IS SITUATED IN THE INTERSECTION OF ( SR 563 / US 92) GEORGE JENKINS BLVD. AND MARTIN L. KING JR. AVE.
Rail Access: Yes
Airports: LAKELAND LINDER INTERNATIONAL AIRPORT
Site Description: HIGHLIGHTS FOR THE LOTS: THE CURRENT LISTING IS FOR 5 LOTS TOGETHER. THERE ARE TOTAL OF 7 LOTS, IN WHICH 5 LOTS ARE SITUATED TOGETHER, THE OTHER 2 LOTS ARE ADJACENT TO THE MAIN BIG LOTS. PLEASE SEE THE OTHER LISTINGS MENTIONED IN THE REALTOR REMARKS ATTACH. 1. LOTS ARE SITUATED ON THE INTERSECTION OF GEORGE JENKINS BLVD. AND MARTIN L KING JR. AVE. (SR 563 / US 92). 2. HEAVY TRAFFIC, WITH VEHICLES DAILY COUNT OF 22,000 + 8000 = 30,000. 3. LOCATED IN OPPORTUNITY ZONE, POSSIBILITY OF REZOING FOR COMBINED UNDERDEVELOPED LAND PARCELS. 4. COMBINED 5 PARCELS OF THE BIG LOTS HAS 118 FEET OF PRIME FRONTAGE ON U S 92 AND 393 FEET OF PRIME FRONTAGE ON GEORGE JENKINS BLVD. 5. GREAT LOCATION FOR MEDICAL BUILDING, GAS STATION, RESTAURANT AND VARIETY OF POSSIBLE USES. 6. EXCELLENT VISIBILITY AND EASY ACCESS FROM US 92 AND GEORGE JENKINS BLVD. 7. AIR RIGHTS AVAILABLE AND CAN HAVE WATER VIEW OF LAKE WIRE. PLEASE DO DUE DILIGENCE ABOUT THE INFORMATION PROVIDED AND CONFIRM WITH THE APPROPRIATE AUTHORITIES.
Area Description: THROUGH TRAFFIC FOR INDUSTRIAL OR BUSINESS SPACE. WITH AIR RIGHTS, IF MULTI STOREY BUILDING THEN LAKE WIRE WATER VIEW WILL BE VIEWED.
Lot Frontage: 118 AND 393
Lot Depth: 393 AND 118
Zoning Description: CURRENTLY ZONED MF-22. AS THE PROPERTY IS ALSO IN POLK COUNTY OPPORTUNITY ZONE, IT HAS POTENTIAL OF REZONING.
Easements: Ingress/Egress
Easements Description: THE STREET ACCESS IS FOR THE 3 LOTS IN THE OFFERED PROPERTY.
Soil Type: Mixed
Available Utilities: Other
Water Service: Municipal, None
Sewer Type: Municipal, None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,026 76,945 136,290
Median Age: 38.52 37.9 39.48
Households: 4,244 30,421 54,831

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