Close proximity to US Highway 98, Polk Parkway, and I-4
GI Zoning
Surrounded by various industrial businesses
Description
This subject property consists of 5.25 ± acres of prime industrial development land on the southeast side of Lakeland, Florida, close to US Hwy 98 S and FL-570 (Polk Parkway). It has easy access to I-4 via FL-570 and Highway 60 via Hwy 98 S. The property is a portion of a larger parcel, which is a total of 22.04 ± acres.
The property is suited for a variety of industrial uses, such as light manufacturing, warehousing, or semi-truck parking. Its advantageous location and excellent accessibility make it an ideal business investment.
This property is located 1 ± mile north of the intersection between FL-570 (Polk Parkway) and U.S Highway 98 in Lakeland, Florida. The Polk Parkway sees approximately 28,100 ± cars/day near the intersection while U.S Hwy 98 sees around 38,500 ± cars per day. SR-659 (Combee Road S.) sits just 0.6 miles west from the subject, and sees around 16,200 ± cars/day. I-4 is easily accessible, and takes approximately 15 ± minutes to get there via the Polk Parkway.
Several industrial businesses surround the subject, which include Mid-State, Wastequip, Packaging Corporation of America, Republic Services, and many others.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
