0 Hughes St Lakeland, FL 33801
This exceptional 20.13-acre parcel of land presents a unique investment opportunity in Lakeland, Florida. Currently zoned RL-1, allowing for one single-family residence per acre, the property offers significant potential for residential development. The expansive lot provides ample space for a variety of building plans, catering to diverse needs and preferences. Its location in Polk County, with the address listed as Hughes St, Lakeland, FL 33801 (APN: 24-28-03-165000-001490), offers convenient access to local amenities and services. Nature lovers will appreciate the close proximity to Saddle Creek Park, a recreational area providing opportunities for fishing, hiking, and picnicking. Families will find the location particularly appealing due to its proximity to Tenoroc High School, situated just 2 miles away. The asking price for this substantial land holding is $1,107,150. This property represents a rare chance to acquire a significant tract of residential land in a desirable Lakeland location, offering both immediate development potential and long-term investment value. The latitude and longitude coordinates are 28.070674863708476, -81.89194448601584 respectively. Serious inquiries only.
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.