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    37 Ewell Rd & Old Hwy Lakeland, FL 33811

    For Sale
    $1,975,000

    Prime 3.35-acre commercial site in South Lakeland, FL.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.35-acre commercial land parcel presents a remarkable investment opportunity in South Lakeland, Florida. Located at the intersection of Ewell Road and Old Highway 37, this property boasts a highly desirable LCC-Linear Commercial Corridor zoning designation, opening doors to a wide array of commercial and office development possibilities. The site's strategic location offers unparalleled visibility and accessibility, situated near major retail anchors such as Home Depot and in close proximity to the new Lake Regional Medical facility currently under construction. This prime location ensures high traffic volume and strong potential for attracting a diverse range of businesses. The property's expansive 3.35 acres provide ample space for a variety of development projects, catering to the growing needs of the South Lakeland community. With its convenient access to major roadways and its proximity to established businesses and a new medical facility, this land parcel represents a unique chance to capitalize on the area's robust economic growth and burgeoning commercial sector. The parcel's APN is 232914000000022090. The asking price for this exceptional property is $1,975,000. Don't miss this opportunity to secure a prime piece of South Lakeland real estate.

    Property Features for 37 Ewell Rd & Old Hwy

    General Information

    Property type
    Land
    Lot Size
    145,926 SF

    HighLights

    • 3.35‑acre commercial land parcel in South Lakeland, FL.
    • LCC‑Linear Commercial Corridor zoning allows for diverse commercial/office development.
    • High visibility location at Ewell Road and Old Highway 37, near Home Depot and a new medical facility.
    • High traffic volume and strong potential for attracting various businesses.
    • Asking price: $1,975,000. APN: 232914000000022090.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9731464
    Latitude
    27.9533717

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    FAQs

    What type of property is this?
    Land - Prime 3.35-acre commercial site in South Lakeland, FL.
    Where is this land located?
    The property is located at 37 Ewell Rd & Old Hwy Lakeland, FL.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: 3.35-acre commercial land parcel in South Lakeland, FL.; LCC-Linear Commercial Corridor zoning allows for diverse commercial/office development.; High visibility location at Ewell Road and Old Highway 37, near Home Depot and a new medical facility.
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    Lakeland, FL 33811
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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 Ewell Rd & Old Hwy Lakeland, FL 33811
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