$85,000

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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  • Property Details
    • Property
      • Lot description:Buildable, City Limits, Paved
    • Measurements
      • Acres:0.29
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Septic Needed
      • Utility source:Public
      • Utility features:Electrical Nearby, Public, Water Nearby
  • Community and Neighborhood Details
    • Community
      • Subdivision:OAKRIDGE HEIGHTS
    • Location
      • Elementary School:Polk City Elem
      • Middle School:Stambaugh Middle
      • High School:Tenoroc Senior
      • County:Polk
  • Financial Details
    • Pricing Details
      • Original List Price:$85, 000
      • Days on Market (Cumulative):20
      • Taxes annual:$358
  • Other
    • Source
      • MLS #:L4948696

Location

Steven del AmoReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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