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This listing is 3 individual parcels, to be sold together. Property zoning is still to be determined, but likely will be C2 or C5 (with an underlying future land use of RAC). Single-family homes presently reside on each lot, and are all income-producing and 100% occupied. The properties are located in the new Lakeland Park Center retail community, anchored by Old Navy, Ross, and Dick's Sporting Goods, with a number of other large national retailers and restaurants close by. The high traffic entrance just off Exit 32 (US Highway 98 North) on Interstate 4, located between Orlando and Tampa, with several hotels and the Lakeland Square Mall very close by, all contribute to a highest and best use of retail or hotel. Assembling the other properties on this block will be essential to realize this opportunity's full potential.
Highlights
3 individual parcels
All to be sold as one
Located in the new Lakeland Park Center retail community
Located just off Exit 32 (US Highway 98 North) on Interstate 4
Located between Orlando and Tampa
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 9,890 | 60,135 | 137,504 | |
| Population Median Age | 40 | 41 | 40 | |
| Population by Age | 0-9 Yrs | 1149 (11%) | 7111 (11%) | 16360 (11%) |
| 10-19 Yrs | 1108 (11%) | 6166 (10%) | 16755 (12%) | |
| 20-29 Yrs | 1431 (14%) | 9094 (15%) | 19986 (14%) | |
| 30-39 Yrs | 1634 (16%) | 7830 (13%) | 16791 (12%) | |
| 40-49 Yrs | 1209 (12%) | 6398 (10%) | 14775 (10%) | |
| 50-59 Yrs | 1014 (10%) | 6692 (11%) | 16681 (12%) | |
| 60-69 Yrs | 992 (10%) | 7516 (12%) | 16782 (12%) | |
| 70+ Yrs | 1354 (13%) | 9329 (15%) | 19375 (14%) | |
| Median HH Income | $44,419 | $41,418 | $45,420 | |
| Total Household Income | < 24K | 945 (25%) | 6178 (27%) | 13042 (26%) |
| 25-49K | 1056 (28%) | 6291 (28%) | 13593 (27%) | |
| 50-74K | 751 (20%) | 4380 (19%) | 9964 (20%) | |
| 75-99K | 423 (11%) | 2291 (10%) | 5425 (10%) | |
| 100-199K | 446 (12%) | 2707 (12%) | 6683 (13%) | |
| 200K+ | 57 (1%) | 311 (1%) | 1067 (2%) | |
| Highest Education Level | No Diploma | 992 | 6541 | 14178 |
| Diploma or GED | 2287 | 15986 | 33795 | |
| Some College | 1514 | 8953 | 19674 | |
| Assoc. Degree | 769 | 3809 | 8597 | |
| Bachelors Degree | 933 | 4855 | 11858 | |
| Higher Degree | 434 | 2514 | 6063 | |
| Total Housing Units | 4,101 | 26,078 | 59,906 | |
| --Owner-Occupied | 1,539 | 11,409 | 29,375 | |
| --Renter-Occupied | 2,139 | 10,748 | 20,399 | |
| Owner-Occupied Values | < 100K | 470 | 4528 | 10977 |
| 100-199K | 638 | 4017 | 10437 | |
| 200-299K | 345 | 1954 | 5379 | |
| 300-399K | 63 | 605 | 1469 | |
| 400-499K | 8 | 141 | 480 | |
| 500K+ | 15 | 164 | 633 | |
| Total Working Age Population | 8,041 | 49,225 | 111,588 | |
| In Work Force | 4,743 | 26,958 | 61,944 | |
| Not In Work Force | 3,297 | 22,267 | 49,644 | |
| Workforce Employed | 4,431 | 24,987 | 57,840 | |
| Workforce Unemployed | 288 | 1,920 | 3,985 | |
| Civlian Workforce | 4,719 | 26,907 | 61,825 | |
| Military Workforce | 25 | 51 | 119 | |
| Total Households | 3,678 | 22,157 | 49,774 | |
| Family Households | 2,168 | 13,463 | 31,065 | |
| Non-Family Households | 1,509 | 8,694 | 18,709 | |
| Married Couple | 1,510 | 9,063 | 21,682 | |
| Other Family | 658 | 4,400 | 9,382 | |
| Married w/Child | 512 | 2,641 | 6,469 | |
| Single Male w/Child | 126 | 500 | 1,250 | |
| Single Female w/Child | 282 | 1,598 | 3,461 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Florida | 15,982,378 | +18 | 18,801,310 | +14 | 21,517,610 | +13 | 24,340,457 |
| Polk County | 483,924 | +24 | 602,095 | +16 | 699,589 | +15 | 807,917 |