$85,000
For Sale
Browse 28 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

1st Street Polk City Commercial C-2 Lots Approx. 12,500/sqft (.29 Acre), 100ft Of Road Frontage & 125ft Deep. Public Water & Power Nearby. With Approved Site Development Plan, Potential Allowed Uses Include General Retail, Auto/Boat Sales New/Used, Assisted Living, Nursing Home, Medical & Professional Offices, Doctor, Insurance, Real Estate, Hotel/Motel, Restaurant, Shopping Center, Laundry/Dry Cleaning, & More. No Warehouse Use Without Retail Space &/Or Office Space & Would Still Need City Approval Of Site Development Plan. Property Located Across Street From Residential Neighborhood & One Block From Major State Road, SR 33 aka Commonwealth Ave. 2023 Daily Traffic Count On SR 33 Was 11,660 An Increase Of Over 11% Since 2021. SR 33 Connects Polk City To Lakeland With Access To Interstate, I-4. Polk City Is A Rapidly Growing Community Featuring Recreational Sites Including The Gen. Van Fleet Nature Trail, Multiple Freshwater Public Access Lakes & Businesses Such As Amazon, Pepsi, BestBuy, Dollar General & Established Pharmacy, Restaurants, Hardware, Convenience Stores All Nearby. Plus The Florida Polytechnic University Campus & Two Industrial Parks Are Also Nearby, Less Than 6 Miles To The South Near I-4. Polk City Has Also Added Over 400 New Homes Just South Of This Location And More Are Coming Soon. There Are Multiple Strip Malls In Development & A New Gas Convenience Store Also Coming Soon. Listing Prices Of Commercial Land Nearby I-4 & Polk City Are Asking Up To $800k+ Per Acre. At Our List Price Of $85k, That's Just $293,103 Per Acre. Polk City Is One Of The Last Towns Along Interstate I-4 That Has Not Been Overly Commercialized But It's Coming. This Property Would Also Be A Great Invest To Buy & Hold While Property Prices Continue To Rise.

  • Property Details
      • Lot DescriptionBuildable, City Limits, Paved
    • Measurements
      • Acres0.29
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectrical Nearby, Public, Water Nearby
      • Sewer InformationSeptic Needed
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOAKRIDGE HEIGHTS
    • Location
      • Middle SchoolStambaugh Middle
      • Elementary SchoolPolk City Elem
      • High SchoolTenoroc Senior
      • CountyPolk
  • Financial Details
      • Original List Price$85,000
      • Taxes Annual$358
      • Days on Market (Cumulative)14
  • Other
      • MLS #L4948696

Location

Renaissance Realty MainReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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