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5510 S Florida Ave

4.13 Acres of Commercial Land Offered at £5,759,173 in Lakeland, FL 33813

Investment Highlights

  • Full median cut for all direction (in and out)
  • Located in a prime location with heavy foot traffic
  • Traffic count for vehicles per day is 42,056

Property Facts

Price £5,759,173
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Medical
Total Lot Size 4.13 AC

1 Lot Available

Lot 1

Price £5,759,173
Price Per AC £1,394,473
Lot Size 4.13 AC

This 4.13-acre lot is well located along well trafficked S Florida Ave. This corridor boasts a broad array of powerful national retail brands. There is a full median cut along SR 37 allowing for all directional access, with 270 linear ft frontage.

Description

This land site is powerfully positioned along the West side of S Florida Ave located near the SEC of Fitzgerald Rd and S Florida Ave. At the SEC is a newer Wawa, on the Wawa's South Side is a newly developed Car Wash situated on just over 1 ac of land. The 4.13 ac +/- Subject Property (5510 S Florida Ave) has its northern boundary abutting the southern property line of the new Car Wash. Just south of the Subject Property is a 5 ac + parcel of land, recently purchased by Lakeland Regional Medical Center (LRMC). LRMC plans to deliver a large medical facility on this new campus site. Just to the south of this new medical campus is a Miller Ale plus other fine national retailers lining up going south all the way to a Walmart Super Center (2.3 miles south). On the opposing side of S Florida Ave, just across from the Subject Property, is a 2 ac property (5501 S Florida Av) purchased, entitled, made pad ready, then placed back on the market for an asking price of $3.5M - this real estate asset is UNDER CONTRACT. Zoning/FLU = LCC allowing for the possibility of a broad array of retail uses. The 3/5 mile radius Avg HH income show at $98,285 / $85,942 - a stong household income base.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 23-29-13-140800-001080
  • 23-29-13-000000-013050
  • 23-29-13-140800-001070
Land Assessment
£276,103
Improvements Assessment
£135,139
Total Assessment
£621,477

zoning

Zoning Code LCC
LCC
  • Listing ID: 29951818

  • Date on Market: 02/11/2023

  • Last Updated:

  • Address: 5510 S Florida Ave, Lakeland, FL 33813

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