Multifamily Development Site on
For Sale
Contact for pricing
5010 New Tampa Hwy, Lakeland, FL 33815
7.06-acre site with plans for 105-unit development.
Property Size105,768 SF
Lot Size7.06 Acres
Price / SF$9.93
Days on Market244
Property Features for 5010 New Tampa Hwy
General Information
Standard status
Active
Size
105,768 SF
Total Parking Spaces
212
Lot size
7.06 Acres
Property subtype
Land, Multifamily
Zoning
RL-4 & LCC (Polk County)
Building Details
Units
105
Listing Agency:
Saunders Real Estate
Listed By:
David Hungerford · License #FL 3281084
(863) 272-7156
Source:
Crexi
Added: Feb 17
Changed: Oct 16
Last Checked: Oct 19 at 6:11AM
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 Saunders Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7.06-acre multifamily development site has advanced plans for a 105-unit project, including architectural and MEP sets. The property has frontage on Old Tampa Highway, providing visibility and connectivity to Galloway/Airport Road, the Polk Parkway, and I-4, placing Tampa and Orlando within reach. The site is located in a high-demand employment area, offering residents a commute to Southern Glazer’s Wine & Spirits, Rooms To Go, and the Amazon Fulfillment Center. Its proximity to the industrial and logistics corridor near the airport positions this project to capture the area's workforce.
Key Highlights
- 7.06‑acre development site with substantial frontage on Old Tampa Highway
- Advanced plans in place for a 105‑unit multifamily project, including architectural and MEP sets
- Strategically located in a high‑demand employment pocket near major employers (Southern Glazer’s, Rooms To Go, Amazon)
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
177
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Land - 7.06-acre site with plans for 105-unit development.
Where is this land located?
The property is located at 5010 New Tampa Hwy Lakeland, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 7.06‑acre development site with substantial frontage on Old Tampa Highway; Advanced plans in place for a 105‑unit multifamily project, including architectural and MEP sets; Strategically located in a high‑demand employment pocket near major employers (Southern Glazer’s, Rooms To Go, Amazon)
