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    Old Kathleen Rd Lakeland, FL 33810

    Sponsored
    For Sale
    $1,000,000

    2.56 Acres, Flexible Zoning, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2.56-acre commercial parcel in Lakeland, Florida, presents a compelling investment opportunity. Located on Old Kathleen Rd, in Polk County (zip code 33810), this property boasts a prime location with flexible Commercial - CE zoning. The asking price is $1,000,000, translating to $390,625 per acre. The land is comprised of two separate parcels, offering potential for diverse development strategies. Pre-approved plans for a 21,000+ square foot shopping center are available to the buyer upon request, providing a solid foundation for immediate development. Beyond a traditional cash or loan sale, the seller is open to exploring alternative transaction structures, including seller financing, lease options, and potential joint ventures. This property's strategic location and flexible options make it an ideal investment for developers seeking a high-return opportunity in a thriving Lakeland market. The APN is 23-27-34-000000-033120. This is a rare chance to acquire a significant commercial land holding in a desirable area.

    Property Features for 0 Old Kathleen Rd

    General Information

    Property type
    Land
    Lot Size
    111,514 SF

    HighLights

    • 2.56‑acre commercial parcel in Lakeland, Florida.
    • Located on Old Kathleen Rd, Polk County (zip code 33810), with Commercial - CE zoning.
    • $1,000,000 asking price ($390,625 per acre).
    • Comprises two separate parcels.
    • Pre‑approved plans for a 21,000+ sq ft shopping center available.
    • Seller open to alternative financing options, including seller financing and joint ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -82.004309
    Latitude
    28.0993791

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    FAQs

    What type of property is this?
    Land - 2.56 Acres, Flexible Zoning, Development Potential
    Where is this land located?
    The property is located at Old Kathleen Rd Lakeland, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 2.56-acre commercial parcel in Lakeland, Florida.; Located on Old Kathleen Rd, Polk County (zip code 33810), with Commercial - CE zoning.; $1,000,000 asking price ($390,625 per acre).
    Request Owner's contact information
    Old Kathleen Rd Lakeland, FL 33810
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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
    Old Kathleen Rd Lakeland, FL 33810
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