Property: This is a 5 acre parcel. Site is level and under a PUD with permitted uses of Office, Warehousing & motor freight transportation uses. Area businesses include; Indian Motorcycles, Coca-Cola, Mission Foods, McKesson Corp, Pepperidge Farms; and Cardinal Health. Development in this area may qualify for TIF financing through the city of Lakeland. Additionally, the property is within the Opportunity Zone, where new investments, under certain conditions, may be eligible for preferential tax treatment.
Location: Site is located just off four lane Kathleen Road, behind the newly built, StoreRight self storage. This is minutes to I-4 to the north and downtown CBD to the south. Kathleen Road is one of the entrances to downtown
Lakeland from I-4, and a highly traveled commercial corridor. Property is located in the Midtown CRA district.
Area Information: Lakeland offers its residents, businesses and visitors a true sense of place. Incorporated in 1885, Lakeland quickly became one of the premier cities in Florida and has always been a hub of innovation and progressive ideas. Today, the City continues to thrive as population and business expansions are attracted to this area, the geographic center of Florida. Lakeland’s economic base consists of warehouse, transportation and distribution, education, health care, manufacturing and retail. Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area. Lakeland has received the distinction of being on Money Magazine’s “Best Place to Live in America” list. In addition,
Lakeland is home to Publix Supermarkets, Florida Southern College, which hosts the largest one-site collection of Frank Lloyd Wright architecture in the world, and is the winter home to the Detroit Tigers. The City of Lakeland offers
an exceptional quality of life. A firm commitment to downtown development, redevelopment, historic preservation, cultural amenities, and an exceptional business-friendly environment has helped Lakeland to thrive for 130 years.
SALE PRICE: $349,000
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