property for sale -...

SRD

comm

ercial.com | 877.518.5263

PROPERTY FOR SALE4.36 +/- Acres Vacant Land0 Lakeland Highlands Road, Lakeland, FL 33813$499,000

21,500cars/day

Subject

Lakeland Highlands R

oad

Winter Lake Ext RdDeerfield Dr

320 +/- ft.

250 +/- ft.

600 +/- ft.

510 +/- ft.

255 +/- ft.

165 +/- ft.

http://srdcommercial.com

SRDcommercial.com | 877.518.5263 page | 2

TABLE OF CONTENTS

Agent Information 3-4Executive Summary 5Property Highlights 6Regional Location Map 7Location Map 8Demographics Map 9Demographics 10Market Area 11Neighborhood Aerial 12Site Aerial 13Zoning / FLU Information 14-15Confidentiality & Disclaimer 16


AGENT INFORMATION


AGENT INFORMATION

Disciplines:

• Industrial Properties

• Building Analysis

• Space Planning

• Development Feasibility

Awards:

• 2011 - CBC EBT Rookie of the Year

• 2016 – Realtor of the Year

Kyle VreelandSales Associate

Kyle is the industrial and office real estate specialist at Coldwell Banker Commercial Saunders Ralston Dantzler Realty.

He is a recognized subject matter expert on industrial/office properties in Polk County. He also leads the company’s consulting practice in the areas of building analysis and space planning, as well as development feasibility including architecture and construction.

From 2003 to early 2010 Kyle was a partner of Smithland Development and Chiefland Properties in Lakeland. As the managing partner, he led the acquisition and development programs, including design and permitting. Kyle was also responsible for supervision of construction, leasing and property management.

He has over twenty years of experience in design and construction in Polk County, including tenure with Furr&Wegman Architects, Rodda Construction, and Straughn Trout Architects.

Kyle is an honors graduate of the Florida A&M School of Architecture, and has participated in master’s post-graduate studies at the University of South Florida.

Positions:

• President Elect and Treasurer of the Lakeland Association of Realtors (2015-2017)

• Member of the Lakeland Rotary Club

• Former member of Historic Preservation Board of Lakeland

• Active member of All Saints’ Episcopal Church

• Member of the Asian Real Estate Association of America (AREAA)

• Polk Theatre Trustee and Chairman of the Board

Contact Information:[email protected]

863.877.2838


AGENT INFORMATION


863.333.5630


AGENT INFORMATION

Disciplines:

• Multi-family Properties

• Mobile Home Parks (MHP)

• Small- to Mid-sized Offices

• Industrial Properties with an REO Asset Liquidation Concentration.

Greg Smith is the multi-family specialist at Coldwell Banker Commercial Saunders Ralston Realty, LLC (CBCSRD), whose primary emphasis is on mobile home parks and campgrounds. In addition, he specializes in small- to mid-sized office and industrial properties with an REO asset liquidation concentration.

Born in Savannah, GA and raised in Ocala, FL, Greg studied business administration at The College of Central Florida. After a successful 20-year automotive career in sales and finance, he retired from his sales manager position at Jarrett Ford Automotive Group and pursued new interests in real estate. In 2007, Greg obtained his commercial real estate license.

He is currently a member of the Lakeland Association of Realtors® (LAR), Florida Realtors®, and the National Association of Realtors® (NAR).

Greg currently serves for his third year as the Chairman of the Commercial and Industrial Division (CID) of LAR and served on the association’s board of directors, as well as being the past board of director of the Lakeland Christina Rotary Club.

Greg resides in Lakeland, FL with his wife and son. Family interests include scuba diving, instructing Tae-Kwon-Do, and a love of hunting, fishing, and traveling.

Greg SmithSales Associate


863.774.3542

mailto:bburke%40srdcommercial.com?subject=MLK%20JR%20Ave%20Commercial



Site Address: 0 Lakeland Highlands RoadLakeland, FL 33813

County: Polk

PIN (Property Identification Number): 242905274690001721

Land Size: 4.36 +/- Acres

Property Use: Vacant Commercial

Utilities: Water and sewer

Current Zoning: MF-12: Multi-Family (City of Lakeland)

Taxes: $2,471 (2016)

Traffic Count: 21,500 cars/day on Lakeland Highlands Road

Price: $499,000

EXECUTIVE SUMMARY



Location• Subject property located on Lakeland Highlands Road across from the Sanlan Golf Resort• Key location highlights include the Polk Parkway, Sam’s Club, and Lowes among others• Great population density with 23,647 people within 2 miles and 60,352 in 3 miles• Median Household Income in 2 miles is $60,562 which is 32% higher than Polk County and 19% higher than the State of FloridaSite• 4.36 +/- acres• 320 +/- ft. of road frontage on Lakeland Highlands Road with a car count of 21,500 cars/dayPolitical/Legal• Current zoning of MF-12 Multi-Family, but highest and best use would be to re-zone for commercial purposes• Future Land Use of Residential Medium to promote compact, walkable development and infill redevelopment through mixed land uses, small scale office or commercial uses are allowed

PROPERTY HIGHLIGHTS



REGIONAL LOCATION MAPREGIONAL LOCATION MAP

Brandon

Lakeland

Tampa Subject

Subject property located is located near the Polk Parkway in South Lakeland

Plant City



LOCATION MAP

Property located on Lakeland Highlands Road in affluent South Lakeland

LOCATION MAP

Lakeland

Subject



1, 2, 3 mile radius5 & 10 minute drive

DEMOGRAPHICS MAP



DEMOGRAPHICSBenchmark Demographics 1 mile 2 miles 3 miles 5 minutes 10 minutes Polk FL USPopulation 5,282 23,647 60,352 13,135 94,843 662,431 20,619,313 327,514,334Households 2,243 9,292 22,888 5,153 36,943 247,585 8,064,657 123,158,887Families 1,505 6,428 15,701 3,585 24,992 172,355 5,223,357 81,106,685Average Household Size 2.35 2.54 2.58 2.55 2.52 2.62 2.50 2.59

Owner Occupied Housing Units 1,435 6,296 15,056 3,688 24,007 163,764 5,071,790 77,207,043Renter Occupied Housing Units 808 2,996 7,832 1,465 12,936 83,821 2,992,867 45,951,844Median Age 40.5 41.8 40.1 43.1 40.6 41.3 42.2 38.2

Trends: 2015 - 2020 Annual RatePopulation 0.54% 0.92% 0.97% 0.91% 1.10% 1.28% 1.36% 0.83%Households 0.50% 0.86% 0.91% 0.85% 1.04% 1.19% 1.30% 0.79%Families 0.34% 0.76% 0.82% 0.74% 0.95% 1.13% 1.25% 0.71%Owner HHs -0.08% 0.51% 0.65% 0.39% 0.85% 1.09% 1.19% 0.72%Median Household Income 2.20% 2.31% 2.07% 2.08% 2.17% 2.46% 2.13% 2.12%

Households by Income<$15,000 8.00% 6.80% 8.40% 7.30% 9.40% 12.30% 12.00% 11.50%$15,000 - $24,999 6.90% 8.90% 10.10% 7.70% 10.70% 12.90% 11.70% 10.00%$25,000 - $34,999 10.30% 9.60% 10.00% 9.50% 10.50% 12.20% 11.10% 9.70%$35,000 - $49,999 16.60% 14.50% 14.40% 12.30% 14.40% 16.20% 14.60% 13.10%$50,000 - $74,999 18.80% 19.50% 19.90% 21.00% 19.00% 19.80% 18.70% 17.80%$75,000 - $99,999 15.80% 14.30% 13.60% 14.80% 12.80% 12.10% 11.70% 12.40%$100,000 - $149,999 14.70% 14.70% 13.40% 15.00% 13.00% 9.20% 11.50% 13.90%$150,000 - $199,999 5.80% 6.20% 5.20% 7.50% 4.90% 2.70% 4.30% 5.70%$200,000+ 3.10% 5.40% 5.10% 4.80% 5.20% 2.50% 4.60% 6.10%

Median Household Income $58,515 $60,562 $56,723 $63,217 $54,736 $45,704 $50,606 $56,124Average Household Income $76,434 $83,201 $78,701 $83,747 $77,505 $61,763 $72,632 $80,675Per Capita Income $31,282 $32,792 $30,490 $32,712 $30,490 $23,623 $28,921 $30,820

Population by Age0 - 4 4.80% 4.80% 5.30% 4.50% 5.50% 6.00% 5.30% 6.10%5 - 9 5.50% 5.40% 5.70% 5.20% 5.80% 6.10% 5.50% 6.30%10 - 14 6.30% 6.20% 6.20% 6.20% 6.20% 6.10% 5.60% 6.30%15 - 19 5.80% 6.10% 6.90% 6.00% 6.70% 5.90% 5.70% 6.40%20 - 24 6.40% 6.30% 7.10% 6.20% 6.70% 6.00% 6.40% 7.00%25 - 34 14.20% 13.20% 13.00% 12.50% 12.70% 12.60% 13.10% 13.80%35 - 44 12.40% 11.70% 11.60% 11.70% 11.60% 11.40% 11.80% 12.50%45 - 54 12.10% 13.00% 12.90% 13.30% 12.70% 12.00% 13.00% 13.00%55 - 64 13.70% 14.70% 13.70% 15.20% 13.80% 13.10% 13.50% 12.90%65 - 74 11.40% 11.10% 10.20% 11.60% 10.60% 12.00% 11.30% 9.20%75 - 84 5.40% 5.40% 5.20% 5.50% 5.30% 6.40% 6.20% 4.40%85+ 2.00% 2.00% 2.20% 2.00% 2.40% 2.40% 2.70% 2.00%

DEMOGRAPHICS

GoodPopulation

Density

High Income Levels



MARKET AREA

34,600cars/day

Subject

3.5 miles

5 miles

23,400cars/day

21,500cars/day

45,500cars/day

38,500cars/day

38,000cars/day

17,300cars/day

16,400cars/day

21,500cars/day

10,600cars/day

33,800cars/day



NEIGHBORHOOD AERIAL

21,500cars/day

Subject


oad

Polk Parkway (SR 570) Polk Parkway (SR 570)


oad



SITE AERIAL

21,500cars/day

SubjectLakeland H

ighlands Road

Winter Lake Ext RdDeerfield Dr

320 +/- ft.

250 +/- ft.

600 +/- ft.

510 +/- ft.

255 +/- ft.

165 +/- ft.



Subject

Multiple Family (MF-12)It is the intent of the multi-family districts to provide for single-family attachedand multi-family residential development at a variety of densities which areconsistent with the existing and desirable future pattern of development in thecity. Provision is made for a variety of residential densities in order toaccommodate different residential preferences.

ZONING



Subject

Residential Medium (RM)The Residential Medium category will be utilized within the Central City Transit Supportive Area, the Urban Development Area, and the Suburban Area and as a part of commercial activity centers and corridors. Residential Medium is generally characterized as medium density residential at density of 5.01 to 12 dwelling units per acre, contingent upon natural and physical limitations of proposed development sites. Density less than 5 dwelling units per acre is permissible but not encouraged. To promote compact, walkable development and infill redevelopment through mixed land uses, small scale office or commercial uses are allowed per the Policies of this Plan.

FUTURE LAND USE



©2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. ©2017 Coldwell Banker Commercial Saunders Ralston Dantzler Realty, LLC, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records.

About Coldwell Banker Commercial Saunders Ralston Dantzler Realty

Coldwell Banker Commercial Saunders Ralston Dantzler Realty (CBCSRD) is located in Lakeland, Florida and is Florida’s I-4 corridor’s premier commercial real estate firm. We offer unique positioning of properties utilizing our intimate knowledge of local markets, a recognized national brand, and a global reach through our Coldwell Banker Commercial offices worldwide who have achieved a $5 billion total amount in investment sales and leasing transactions 2016.

Founded by three highly-recognized CCIM-designated Florida brokers, the company brings together experts on all aspects of real estate. We provide services to land and commercial clients through both CBCSRD and our land brokerage, Coldwell Banker Commercial Saunders Real Estate. For more information, please visit SRDcommercial.com

CONFIDENTIALITY & DISCLAIMER




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