0 Carter Rd Lakeland, FL 33830
This exceptional 0.55-acre commercial land parcel presents a unique investment opportunity in Mulberry, Florida. Situated in a thriving retail environment, this outparcel boasts excellent visibility and accessibility due to its frontage along heavily trafficked State Road 37. The property's strategic location just south of Lakeland ensures a robust customer base drawn to the area's strong demographics and economic activity. The site benefits from its proximity to a Walmart Supercenter, a significant anchor tenant driving substantial foot traffic and consumer spending. This ensures a consistent flow of potential customers for any business established on the property. Furthermore, the property enjoys the presence of several established neighboring businesses, including Zaxby's, AT&T, GameStop, O'Reilly Auto Parts, and AutoZone, creating a synergistic retail environment. This established commercial cluster enhances the overall appeal and value of the land parcel. The property is zoned for commercial use, making it ideal for a variety of retail or service-oriented businesses seeking a high-visibility location with strong existing infrastructure and a proven track record of success. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area. The property is located in Polk County, Florida, with the address being W Carter Rd, Mulberry, FL 33830.
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.