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Property profile & analytics
OFF-MARKET
Land

98 Princeton Mnr Ln & Us Hwy Lakeland, FL 33809

1.76 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.76 ac (76,666 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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