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    1801 Old Dixie Hwy Auburndale, FL 33823

    For Sale
    $1,499,950

    9.1 Acres, Approved 85-Room Hotel

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9.1-acre commercial/industrial zoned land parcel in Auburndale, Florida, presents a unique investment opportunity. Located at the intersection of Old Dixie Highway and the Polk Parkway, this site boasts 2.38 acres of upland, ready for immediate development. Already approved for an 85-room hotel, with potential expansion to 100 rooms, this property offers significant upside. Existing water and sewer infrastructure simplifies the development process. The strategic location, just three miles from the Lake Myrtle Sports Complex and within a 30-60 minute drive of major theme parks like Legoland, Walt Disney World, and Universal Studios, ensures high occupancy potential. An economic study supports the significant demand for additional hotel accommodations in the area, highlighting the need for five new hotels. The property's APN is 25-28-05-000000-042010, and it is owned by Auburn Lakes LLC. The asking price is $1,499,950, translating to approximately $164,830 per acre. This prime location and pre-approved hotel plan make this a truly exceptional investment opportunity in a rapidly growing Central Florida market. This is a chance to build a landmark hotel in a thriving community.

    Property Features for 1801 Old Dixie Hwy

    General Information

    Property type
    Land
    Lot Size
    396,396 SF

    HighLights

    • 9.1‑acre commercial/industrial land parcel in Auburndale, FL, at Old Dixie Hwy & Polk Parkway intersection.
    • 2.38 acres of upland, ready for development.
    • Approved for an 85‑room hotel, with potential expansion to 100 rooms.
    • Existing water and sewer infrastructure.
    • Excellent location, 3 miles from Lake Myrtle Sports Complex and within a 30‑60 minute drive of major theme parks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Pharmacy Auto Parts Store Department Store Kitchen & Bath Convenience Store Barber Shop Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburndale
    County
    Polk
    State
    Florida
    Longitude
    -81.83587
    Latitude
    28.0731

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    FAQs

    What type of property is this?
    Land - 9.1 Acres, Approved 85-Room Hotel
    Where is this land located?
    The property is located at 1801 Old Dixie Hwy Auburndale, FL.
    What is the asking price?
    The asking price for this property is $1,499,950.
    What are key features of this property?
    This property features: 9.1-acre commercial/industrial land parcel in Auburndale, FL, at Old Dixie Hwy & Polk Parkway intersection.; 2.38 acres of upland, ready for development.; Approved for an 85-room hotel, with potential expansion to 100 rooms.
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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
    1801 Old Dixie Hwy Auburndale, FL 33823
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