4300 Kathleen Rd Lakeland, FL 33810
This exceptional investment opportunity encompasses a 28-acre development portfolio ideally situated in the rapidly expanding North Lakeland area. The property consists of four contiguous parcels totaling 28 acres, with APNs: 23-27-34-000000-031010, 23-27-27-010505-000030, 23-27-27-010505-000040, and 23-27-27-000000-044030. The land is zoned for Commercial/Residential use, allowing for a density of 12 units per acre, presenting significant potential for mixed-use development. The parcels are strategically located at the signalized intersection of Galloway and Kathleen Roads, providing excellent visibility and accessibility. Direct access is available via Kathleen Road, with a median cut and access across Old Kathleen Road. This prime location offers close proximity to US 98 North, Lakeland Regional Mall, and the I-4 corridor, ensuring high visibility and convenient access to major transportation arteries. The property is adjacent to Terra Largo, a 580-unit upscale community, and nearby commercial developments include AutoZone and Family Dollar. The individual parcel sizes are 16.30 acres, 2.61 acres, 5.98 acres, and 3.06 acres. The asking price for this entire portfolio is $3,000,000. This is a rare opportunity to acquire a substantial land holding in a high-growth area with significant development potential. The property is currently located in unincorporated Polk County, Florida, but is contiguous to Lakeland's city limits.
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.