1002 Hwy 17-92 Davenport, FL 33837
- Retail properties
- 7.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1002 Hwy 17-92
- Lot size
- 7.20 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 7.2-acre commercial property in Davenport, Florida, presents a unique investment opportunity. Located at 1002 U.S. Hwy 17-92 N, this prime site boasts a highly desirable C-2 zoning designation, recently approved in 2023, reflecting the city's commitment to commercial growth. The property comprises three parcels and benefits from a significant 400-foot frontage on US Hwy 17-92 and over 600 feet of frontage along the soon-to-be-completed Power Line Road extension, creating a signalized, hard-corner intersection with exceptional visibility. Currently generating nearly $160,000 in annual rental income from five single-family homes and one warehouse, this property offers immediate cash flow while providing ample space for future development. The existing structures and open land provide flexibility for a variety of commercial ventures. This strategic location in Polk County, with its zip code 33837, offers unparalleled access and exposure to a growing market. The asking price is $1,999,999. This is a rare opportunity to acquire a substantial commercial property with immediate income and significant long-term potential in a thriving Florida community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Polk
- State
- Florida
- Longitude
- -81.5971
- Latitude
- 28.1703
