Current Use by Public Records
- Land
Property Details for 0 Princeton Manor Ln
- Lot size
- 1.76 lot acres
- Property type
- Land
Description
This exceptional 1.76-acre commercial land parcel presents a remarkable investment opportunity in Lakeland, Florida. Strategically located on US Highway 98 North, just north of I-4, this property boasts a prime location within the thriving Princeton Manor subdivision, a well-established 90-home community. The site benefits from Linear Commercial Corridor (LCC) zoning, permitting a wide array of commercial uses, including retail, restaurants, self-storage facilities, car washes, medical offices, and banks. A county-approved plat allows for up to 70% impervious surface, simplifying development. Importantly, all necessary utilities are already stubbed to the site, and off-site retention is in place, eliminating potential development hurdles. The entire 1.76 acres are uplands, free from wetlands, ensuring a straightforward and cost-effective development process. This high-and-dry parcel offers unparalleled access to US Highway 98 North, providing exceptional visibility and convenient access for future businesses. The surrounding area features a diverse mix of commercial establishments, including shopping centers, freestanding retail buildings, office developments, gas stations, and restaurants, creating a vibrant and established commercial environment. The property's APN is 232712000895000940. The asking price for this exceptional opportunity is $799,000. This is a rare chance to acquire a well-situated, ready-to-develop commercial lot in a rapidly growing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9738
- Latitude
- 28.1428
