0 Old Kathleen Rd Lakeland, FL 33810
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.
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
Similar Nearby for Sale
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.