98 Princeton Mnr Ln & Us Hwy Lakeland, FL 33809
This 1.76-acre commercial land parcel is strategically located on Princeton Manor Lane and US Highway 98 in Lakeland, Florida (zip code 33809), within Polk County. The property, identified by APN 232712000895000940, boasts Commercial Zoning, specifically situated within the Linear Commercial Corridor (LCC). This prime location offers a wide array of development possibilities. The plat has already received county approval, allowing for up to 70% impervious surface on the site. Importantly, all future development's retention is handled off-site, and utilities are conveniently stubbed to the property. The entire 1.76 acres are uplands, eliminating wetland concerns and ensuring a high and dry building site. The surrounding area features a diverse mix of commercial uses, including anchored and un-anchored shopping centers, freestanding retail buildings, office developments, gas stations, and restaurants, creating a vibrant and established commercial environment. The asking price for this exceptional opportunity is $799,000.
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.