37 Old Hwy Bartow, FL 33830
This exceptional 16.5-acre industrial land parcel presents a significant investment opportunity in Mulberry, Florida. Located on Old Highway 37 in Polk County, the property boasts a Future Land Use designation of Industrial (IND), making it ideally suited for heavy industrial development. Its strategic location just south of Mulberry and State Road 60 provides excellent access to major transportation arteries, facilitating efficient distribution. A key advantage is the property's direct frontage along CSX rail lines, offering potential for rail spur access, subject to CSX availability. The asking price is $2,640,000, translating to $160,000 per acre. The property's APN numbers are 233026000000022070, 233025000000044030, 233035000000011030 (portion of), and 233036000000031010 (portion of). While no current design exists, the potential for a rail spur adds significant value for businesses requiring direct rail access. The seller is open to discussions regarding the potential acquisition of additional contiguous acreage to accommodate larger-scale projects. This prime industrial land offers a rare combination of location, zoning, and rail access, making it an attractive proposition for discerning investors seeking a foothold in Florida's thriving industrial market. The property is zoned for industrial use and is located in the 33830 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.