187 Lake Morton Dr Lakeland, FL 33801
- Commercial land
- 2,759 SF
- 0.56 lot acres
Current Use by Public Records
- Hill-Watson Diane E / Legal Services
- Southwell Steven / Consultant
Property Details for 187 Lake Morton Dr
- Year built
- 1938
- Lot size
- 0.56 lot acres
- Property size
- 2,759 SF
- Zone code
- O-1
- Property type
- Commercial land
- APN
- 242819235000000060
- APU
- 242819235000000060
Description
This exceptional 0.56-acre development site is located at 187 Lake Morton Drive in Lakeland, Florida's vibrant downtown. Boasting 40 feet of lake frontage on Lake Morton, this property offers unparalleled development opportunities. Its prime location provides easy walking access to a bustling area filled with shopping, dining, and entertainment options. Currently zoned O-1 (Office), the site is easily re-zoneable for multifamily use, offering flexible development potential to suit various needs. Lakeland's impressive growth trajectory is undeniable, recognized as the #1 Fastest Growing City in the US by Bloomberg.com and the #36 Best Performing City by the Milken Institute. The property benefits from high visibility and accessibility, with an impressive Average Annual Daily Traffic (AADT) of 23,000 vehicles. This presents a unique chance to capitalize on Lakeland's thriving market and contribute to its exciting future. The asking price for this remarkable property is $999,000. This is a truly exceptional opportunity for investors seeking a prime location in a rapidly growing city.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.956
- Latitude
- 28.0373
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
