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PRICED AT ONLY: $85,000

Address: 1st Street , POLK CITY, FL 33868

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.
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  • MLS#: L4948696 ( Land )
  • Street Address: 1st Street
  • Viewed: 7
  • Price: $85,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 46
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Buildable, City Limits, Paved
School Information
  • High School: Tenoroc Senior
  • Middle School: Stambaugh Middle
  • School Elementary: Polk City Elem
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: City Street
  • Sewer: Septic Needed
  • Utilities: Electrical Nearby, Public, Water Nearby
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Commercial
  • Legal Description: OAKRIDGE HEIGHTS PB 20 PG 16 BLK 2 LOTS 6 & 7
  • Area Major: 33868 - Polk City
  • Parcel Number: 25-26-32-296000-002060
  • Possession: Close of Escrow
  • Zoning Code: C-2
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