Infill Commercial Land with PUD
New
For Sale
$1,750,000
1506 OLIVE, Lakeland, FL 33815
Five-parcel infill assemblage with PUD zoning and substantial planning, engineering, environmental, and site-study work completed.
Property SizeContact for details
Days on Market3
Property Features for 1506 OLIVE
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,530
Listing Agency:
Engel & Volkers Lakeland
Listed By:
Emily Lietz
(863) 266-9961
Source:
Elliman
Added: Sep 6
Last Checked: Sep 7 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Engel & Volkers Lakeland
Investment Insights
Based on property information with market context.
This commercial land offering comprises a five-parcel infill assemblage at 1506 Olive Street, including an existing approximately 1,472-SF improvement. City of Lakeland Ordinance 5946 established Planned Unit Development zoning for a multifamily residential concept with three stories and up to 96 dwelling units, subject to applicable conditions and further approvals.
Pre-development materials include boundary and topographic surveys, a tree survey, geotechnical investigation, soil borings, Phase I and Phase II environmental assessments, civil engineering, utility coordination, easement and utility mapping, conceptual site planning, and related development documentation. Additional market, stormwater, and construction-cost materials are available for qualified buyers to review.
Seller-provided materials also identify Qualified Opportunity Zone, Qualified Census Tract, and Targeted Employment Area designations, along with potential workforce-housing and impact-fee benefits for eligible projects. The current concept includes workforce and veteran housing; all designations, incentives, approvals, and eligibility requirements require independent verification.
Pre-development materials include boundary and topographic surveys, a tree survey, geotechnical investigation, soil borings, Phase I and Phase II environmental assessments, civil engineering, utility coordination, easement and utility mapping, conceptual site planning, and related development documentation. Additional market, stormwater, and construction-cost materials are available for qualified buyers to review.
Seller-provided materials also identify Qualified Opportunity Zone, Qualified Census Tract, and Targeted Employment Area designations, along with potential workforce-housing and impact-fee benefits for eligible projects. The current concept includes workforce and veteran housing; all designations, incentives, approvals, and eligibility requirements require independent verification.
Key Highlights
- Five‑parcel commercial land assemblage at 1506 Olive Street
- Existing approximately 1,472‑SF improvement included
- PUD framework supports a three‑story multifamily concept with up to 96 dwelling units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 33815, FL
15,681
Population
7,646
Households
2.1
Avg Household Size
40
Median Age
11%
College-Educated
80%
High-School Grad
7.4 sq mi
ZIP Area
2,119
Density / Sq Mi
$36,445
Median Household Income
$32,637
Median Earnings
$1,078
Median Rent
$42,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Five-parcel infill assemblage with PUD zoning and substantial planning, engineering, environmental, and site-study work completed.
Where is this commercial land located?
The property is located at 1506 OLIVE Lakeland, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Five‑parcel commercial land assemblage at 1506 Olive Street; Existing approximately 1,472‑SF improvement included; PUD framework supports a three‑story multifamily concept with up to 96 dwelling units
