Technical
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Property profile

1472 Airport Rd Lakeland, FL 33811

OFF-MARKET
Land
11.45 ac lot
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Property summary

AI-generated overview

This exceptional 11.45-acre industrial land parcel, located at 1472 Airport Rd, Lakeland, FL 33811, presents a significant investment opportunity. Strategically situated between Interstate 4 and the Polk Parkway, this property boasts unparalleled access to major transportation arteries. The site's proximity to established distribution centers serving major corporations like Publix, Amazon, and Nestle underscores its prime location within a high-growth area. Currently zoned BPC-1 (Business Park Center-1) in Polk County, the property offers 498,762 square feet of development potential. City of Lakeland utilities are readily available. A conceptual plan envisions a 117,000 square foot standalone building and ample parking for 337 commercial vehicles. The property is currently undergoing site plan review with the Florida Department of Transportation (FDOT), with revisions underway to accommodate a requested right-turn lane on Airport Road. There's a strong possibility of annexation into the City of Lakeland and rezoning to I-2 (Medium Industrial District), further enhancing its value. This property is available for sale or lease, offering a compelling opportunity for warehousing, distribution, research and development, office space, or commercial vehicle parking. The asking price is $4,000,000.

Property profile

Verified
Property type Land
Lot 11.45 ac (498,762 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1472 Airport Rd Lakeland, FL 33811
Lakeland metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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