0 State Road 33, Lakeland, FL 33805
This exceptional 1.4-acre commercial land parcel presents a remarkable investment opportunity in Lakeland, Florida. Situated at the southwest corner of I-4 and State Road 33, this property benefits from a high-traffic location within the established Firstpark at Bridgewater commercial park. Existing tenants include prominent businesses such as Haverty's, HD Supply, Walmart, and Empire Flooring, ensuring a thriving and established commercial environment. The parcel is fully developed, featuring completed site work including clearing, filling, road infrastructure, curb installation, and offsite retention. Each pad site includes a 50-trip count allocation, with additional trip counts available for purchase. This location boasts exceptional visibility and accessibility, with over 100,000 vehicles passing daily. The property's zoning (MPUD) allows for C-2 uses within the City of Lakeland, making it ideal for a variety of commercial developments, including retail and hospitality. Its proximity to the new Florida Polyphonic Connector Road further enhances its appeal. The asking price starts at $20 per square foot, offering a compelling return on investment. The property is conveniently accessible from both SR 33 and the lighted intersection of Firstpark Boulevard and SR 33. Parcel ID is 24-27-15-161082-000010. Individual lot MLS numbers are available upon request. This is a rare opportunity to acquire a ready-to-develop commercial site in a high-growth area. The property size ranges from 1.1 to 8 acres.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.