8418 Us Highway 98 N, Lakeland, FL 33809

$3,999,000
  • 8418 Us Highway 98 N, Lakeland, FL 33809 Main Photo

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New to the Market Active
LOT SIZE 10.130 acres MLS#L4965818
STATUSActive PROPERTY TYPELand - Commercial

Property Description

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY ON US HIGHWAY 98 NORTH IN LAKELAND! Discover 10.13 contiguous acres offering outstanding highway visibility, approximately 325 feet of frontage along US Highway 98 North, and a strategic location in one of Lakeland's established commercial corridors. This unique offering consists of two adjoining parcels totaling approximately 7.92 acres and 2.21 acres, providing an opportunity for investors, developers, and businesses seeking substantial acreage along a major Central Florida transportation corridor.The property benefits from its location along a heavily traveled roadway surrounded by established commercial activity and growing residential communities. The existing Linear Commercial Corridor (LCC) future land-use boundary extends beyond the 2.21-acre commercial parcel and into the adjoining 7.92-acre residential parcel, presenting an opportunity to pursue additional commercial land-use and zoning approvals within the established corridor. The MLS reflects a county-imported C-3 zoning designation; however, zoning and land-use classifications may differ between the parcels. Any proposed changes in use, rezoning, or development are subject to Polk County review and applicable governmental approvals.The property features direct frontage along US Highway 98 North and access from Banana Road, offering multiple points of connectivity. Preliminary utility research has identified nearby public water infrastructure and potential service connection opportunities, subject to utility provider confirmation, engineering requirements, available capacity, and associated improvements. The substantial acreage and highway exposure make this an attractive opportunity to explore a variety of development concepts, including potential phased development, subject to applicable land-use regulations and site-specific feasibility.Two existing manufactured homes used as rentals are located on the property and are included in the sale, although the property is being marketed primarily for its land value and development potential. Conveniently located in North Lakeland with access to surrounding residential neighborhoods, established businesses, and major transportation routes, this offering presents an opportunity to secure a sizable landholding in the Lakeland market. Buyer and buyer's representatives are responsible for independently verifying zoning, future land use, utilities, access, permitted use, environmental conditions, development feasibility, and all applicable governmental requirements.

8418 Us Highway 98 N | MLS# L4965818

This land located at 8418 Us Highway 98 N, Lakeland, FL 33809 is currently listed for sale with an asking price of $3,999,000. The property has approximately 10.13 Acres. Search Lakeland real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 10.13 Acres
Taxes: $7,935

Feature Descriptions

Directions: From I-4, take Exit 32 for US Highway 98 N and head north toward Dade City. Continue on US Highway 98 N past W Socrum Loop Road. The properties are located along US Highway 98 N near Banana Road, at 8418, 8426, and 8440 US Highway 98 N, Lakeland.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 10.13
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 325
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Electrical Nearby, Sewer Nearby, Water Nearby
Water: Public
Water Access Y/N: No
Zoning: C-3

Listed By / Shown By

Listed By

Agency Name: BHHS FLORIDA PROPERTIES GROUP
Agency Contact: 863-701-2350

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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Estimated Payment

$ 10,727.67 per month $8,900.04 Principal & Interest $661.25 Property Tax $1,166.38 Homeowner's Insurance

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