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    37 & Drane Fld Rd Lakeland, FL 33803

    Sponsored
    For Lease
    Contact for pricing

    High-demand shopping center space in South Lakeland.

    Lot size:
    236,522 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Merchants Walk offers exceptional retail and restaurant space in a thriving South Lakeland location. This premier power center boasts a total of 236,522 square feet, featuring a diverse tenant mix. Currently, there is 2,888 square feet of vacant space available, divisible into units ranging from a minimum of 1,088 square feet to a maximum contiguous space of 1,800 square feet. The property is conveniently situated at the intersection of S. Florida Ave. (SR 37) and Drane Field Rd in Lakeland, Florida, zip code 33803. Ample parking is provided with 1,126 spaces available for customers and employees. The property is classified as a shopping center and is located in Polk County. This high-traffic location presents a unique opportunity for businesses seeking visibility and accessibility within a well-established retail environment. The available space is ideal for a variety of retail or restaurant concepts. Contact us today to learn more about this exciting opportunity.

    Property Features for 37 & Drane Fld Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    236,522 SF

    Unit(s) available at that property

    Space
    Suite 10
    Size
    1,800 SF

    HighLights

    • 236,522 square feet of retail/restaurant space in a Lakeland, FL power center.
    • 1,126 parking spaces.
    • 4.8 parking spaces per 1,000 square feet.
    • Located in the Lakeland‑Winter Haven MSA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.959288
    Latitude
    27.998479

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    FAQs

    What type of property is this?
    Lifestyle center - High-demand shopping center space in South Lakeland.
    Where is this lifestyle center located?
    The property is located at 37 & Drane Fld Rd Lakeland, FL.
    What are key features of this property?
    This property features: 236,522 square feet of retail/restaurant space in a Lakeland, FL power center.; 1,126 parking spaces.; 4.8 parking spaces per 1,000 square feet.
    Request Owner's contact information
    37 & Drane Fld Rd Lakeland, FL 33803
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    Lakeland, FL 33803
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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
    37 & Drane Fld Rd Lakeland, FL 33803
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