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    Hughes St Lakeland, FL 33801

    For Sale
    $1,107,150

    Prime Lakeland residential land, 20 acres, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 20.13-acre parcel of land presents a unique investment opportunity in Lakeland, Florida. Currently zoned RL-1, allowing for one single-family residence per acre, the property offers significant potential for residential development. The expansive lot provides ample space for a variety of building plans, catering to diverse needs and preferences. Its location in Polk County, with the address listed as Hughes St, Lakeland, FL 33801 (APN: 24-28-03-165000-001490), offers convenient access to local amenities and services. Nature lovers will appreciate the close proximity to Saddle Creek Park, a recreational area providing opportunities for fishing, hiking, and picnicking. Families will find the location particularly appealing due to its proximity to Tenoroc High School, situated just 2 miles away. The asking price for this substantial land holding is $1,107,150. This property represents a rare chance to acquire a significant tract of residential land in a desirable Lakeland location, offering both immediate development potential and long-term investment value. The latitude and longitude coordinates are 28.070674863708476, -81.89194448601584 respectively. Serious inquiries only.

    Property Features for 0 Hughes St

    General Information

    Property type
    Land
    Lot Size
    876,863 SF

    HighLights

    • $1,107,150 asking price for 20.13 acres of residential land.
    • Located in Lakeland, FL, Polk County, zip code 33801.
    • Residential zoning (RL‑1), allowing one single‑family home per acre.
    • APN: 24‑28‑03‑165000‑001490.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.891944486016
    Latitude
    28.070674863708

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    FAQs

    What type of property is this?
    Land - Prime Lakeland residential land, 20 acres, ideal for development.
    Where is this land located?
    The property is located at Hughes St Lakeland, FL.
    What is the asking price?
    The asking price for this property is $1,107,150.
    What are key features of this property?
    This property features: $1,107,150 asking price for 20.13 acres of residential land.; Located in Lakeland, FL, Polk County, zip code 33801.; Residential zoning (RL-1), allowing one single-family home per acre.
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    Hughes St Lakeland, FL 33801
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    Lakeland, FL 33801
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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
    Hughes St Lakeland, FL 33801
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