Land - Real Estate in Lakeland
Listing Price: $849,999
Description of Property
Fronting US Highway 98 North, one of Lakeland’s most heavily traveled major roadways, this 7.11± acre development opportunity offers exceptional visibility, accessibility, and entitlement flexibility in one of Central Florida’s fastest-growing markets. The property is level and dry and benefits from Public Utilities, with Electric located directly in front of the site, helping to reduce future development costs. The parcel is zoned RL-2 and LCC and lies within a Transit Corridor Overlay and TSDA area which allows for up to 10 dwelling units per acre by residential development by right.The zoning would allow for a mixed use development concept, with commercial or neighborhood along the US-98 frontage and residential development toward the rear of the property, or the RL-2 zone can be applied to the entire site allowing for a full residential development per county code. Residential density allows up to 10 units per Acre, making the site well suited for Townhomes, clustered Single-family homes, or a Blended Commercial/Residential Project. Located just minutes north of Interstate 4, the property enjoys strong traffic exposure, excellent regional connectivity, and proximity to retail centers, employment hubs, and established residential communities. Lakeland’s strategic location between Tampa and Orlando, combined with access to I-4, US-98, US-27, nearby rail infrastructure, and multiple regional airports, continues to drive sustained population and economic growth. Lakeland is home to major employers including Publix Super Markets, GEICO, FedEx, and numerous logistics and distribution centers, supported by a strong labor pool and nearby universities. Solid household incomes and consistent population growth projections reinforce long-term demand for Both Residential and neighborhood Commercial Development along this major roadway. Whether you are planning a Commercial-Front / Residential-Rear Development, a Townhome or Single-family community, or holding for Future appreciation within the US-98 Linear Commercial Corridor, this site delivers the visibility, infrastructure, zoning framework, and market fundamentals to support a successful project.
Property Details At A Glance
Property Type: Land
City: Lakeland
County: Polk
Subdivision: Acreage
Annual Tax: $5,365
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Room For Pool
Lot Size (acres): 7.11
Lot Size (sq. ft.): 309,855 square feet
Lot Dimensions: 1204 x 314
Road Frontage: State Road
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 232712000000043360
Zoning: XX
Tax Legal Desc.: BEG 660 FT S OF NW COR OF NW1/4 OF SW1/4 RUN E 1339.72 FT S 315.44 FT W 1339.66 FT N 315.44 FT TO BEG LESS RD R/W & LESS ADD R/W FOR US 98 & LESS N 157.50 FT OF W 450 FT OF ABOVE DESC PARCEL
Section: 12
Range: 23
Listing courtesy of PLANTATION REALTY, INC.. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
