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Other Land - OAKRIDGE HEIGHTS for Sale

1ST ST, POLK CITY, FL 33868

Asking Price$85,000

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  • Days on market:

    18 day(s)
  • Original Price:

    $85,000
  • Tax Legal Description:

    OAKRIDGE HEIGHTS PB 20 PG 16 BLK 2 LOTS 6 & 7
  • Tax Year:

    2024
  • Property Type:

    Land
  • Elementary School:

    Polk City Elem
  • Middle School:

    Stambaugh Middle
  • Senior High School:

    Tenoroc Senior
  • Special Listing Conditions:

    None
  • Lot Features:

    City LotBuildable

Description

$85,000

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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