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    3954-3970 Us Highway 98 N Lakeland, FL 33809

    For Sale
    $5,486,804

    Retail property with national tenants and below market rents.

    Property size:
    8,239 SF
    Lot size:
    0.94 Acres

    Property Features for 3954-3970 Us Highway 98 N

    General Information

    Size
    8,239 SF
    Lot size
    0.94 Acres

    Source: Katz & Associates | Boca Raton Agent Daniel Solomon, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property Near Lakeland Square

    This retail property is located on an outparcel directly in front of the Lakeland Square Mall. The property benefits from strong visibility to US Hwy. 98 N and features a prominent freestanding multi-tenant pylon sign. The location experiences heavy traffic, with 62,000 AADT on US Hwy. 98 N. The property has a strong tenant mix of all national brands and below market rents. The property size is 8,239 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9753586
    Latitude
    28.0928955

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    FAQs

    What type of property is this?
    Strip mall - Retail property with national tenants and below market rents.
    Where is this strip mall located?
    The property is located at 3954-3970 Us Highway 98 N Lakeland, FL.
    What is the asking price?
    The asking price for this property is $5,486,804.
    What are key features of this property?
    This property features: - Strong tenant mix of all national brands; - Located on an outparcel directly in front of the Lakeland Square Mall; - Heavy traffic counts with 62,000 AADT on US Hwy. 98 N.
    (561) 361-7232
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    3954-3970 Us Highway 98 N Lakeland, FL 33809
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3954-3970 Us Highway 98 N Lakeland, FL 33809
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