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Princeton Manor Ln Lakeland, FL 33809

  • Land
  • 1.76 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
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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

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.9738
Latitude
28.1428
More about this property
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