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U S Hwy 542, Lakeland, FL 33801
$163,250
U S Hwy 542, Lakeland, FL 33801View this property at U S Hwy 542, Lakeland, FL 33801
U S Hwy 542LakelandFL33801
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Property Description
Introducing an exceptional investment opportunity, presenting three vacant commercial land sites spanning a total of 1.35 acres, conveniently located adjacent to a thriving railroad track. This promising property boasts a multitude of advantageous features that make it a highly sought-after proposition for astute investors and business visionaries. Nestled amidst a picturesque landscape, these lots showcase an abundance of lush trees, providing not only an enchanting natural ambiance but also offering the potential to recoup a portion of the purchase price through responsible tree harvesting. Whether you envision a commercial development, industrial complex, or recreational facility, this land provides an excellent canvas to bring your ambitious project to life. Although recorded as wetlands in 2016, this land's potential extends beyond its initial zoning. With a new survey and the right approach, there exists the opportunity to rezone the property, unlocking its full potential and paving the way for a diverse range of development possibilities. The combination of its strategic location and the potential to redefine its purpose makes this an enticing prospect for those seeking to capitalize on untapped commercial real estate opportunities. Key Features: Three vacant commercial land sites totaling 1.35 acres Picturesque setting adorned with a plethora of trees Opportunities for responsible tree harvesting to recoup investment Recorded as wetlands in 2016, with the potential for rezoning with a new survey Prime location adjacent to a thriving railroad track Unmatched accessibility and exposure, facilitating business growth and development Ideal for commercial, industrial, or recreational purposes Don't miss out on this extraordinary opportunity to acquire vacant commercial land with immense potential. Act now to secure your foothold in this rapidly evolving market. Contact us today to arrange a private viewing or to request further information.
Full Property Details
Full Property Details for U S Hwy 542
General
- Price: $163,250
- Taxes: $157 (2022)
- Status: Active
- Type: Lots/Land
- MLS ID: P4925878
- Updated: 4/18/2024
- Added to Site: 356 day(s) ago
Location
- Area: 33801 - Lakeland
- County: Polk
- Development Name: 33801 - Lakeland
- Driving Directions: Take 92 West to Old Dixie rd. Go accross railroad track and turn right on Hwy 542(Kville Rd). Property is on right across from Pelican lake area. One entry for all three lots.
- Direction Faces: South
Community
- Community Name: 33801 - Lakeland
Utilities
- Sewer: None
- Water: None
- Utility Description: BB/HS Internet Available, Electrical Nearby, Sewer Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 1.35
- Lot Size (Sq. Ft.): 75,440
- Lot Size: 1.7319
- Lot Dimensions: 820 x 92
- Frontage: County Road
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $120,926
- Tax Amount: $157.88
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%-$250
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: S1/2 OF NW1/4 OF SE1/4 LYING S OF ACC RR R/W LESS W 910 FT & LESS SR 542, W 910 FT OF S1/2 OF NW1/4 OF SE1/4 LYING S OF SCL RR R/W LESS W 705 FT & LESS SR 542, S1/2 OF NW1/4 OF SE1/4 LYING S OF ACC RR R/W LESS W 910 FT & LESS SR 542
- Flood Zone Info: X, AE
- Disclosures/Reports: Seller Property Disclosure
- APN: 242814000000023060
- Property ID: 242814000000023060
Listed by Century 21 Myers Realty
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Schools
Schools serving U S Hwy 542
Rating | Name | Grades | Distance |
---|---|---|---|
2820 K Ville Ave, Auburndale, FL 33823 | PK-5 | 2.3 mi | |
2805 Morgan Combee Rd, Lakeland, FL 33801 | PK-5 | 2.7 mi | |
700 Galvin Dr, Lakeland, FL 33801 | PK-5 | 3.1 mi | |
Crystal Academy Of Science and Engineering (Case)
2410 N Crystal Lake Dr, Lakeland, FL 33801 | 6-8 | 3.1 mi | |
2410 N Crystal Lake Dr, Lakeland, FL 33801 | 6-8 | 3.2 mi | |
1124 N Lake Parker Ave, Lakeland, FL 33805 | 7-8 | 4.9 mi | |
4905 Saddle Creek Rd, Lakeland, FL 33801 | 9-12 | 1.9 mi | |
910 Lowry Ave, Lakeland, FL 33801 | 9-12 | 3.1 mi | |
Traviss Technical College
3225 Winter Lake Rd, Lakeland, FL 33803 | 9-12 | 3.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for U S Hwy 542
Date
Details
Price
Change
Source
7/26/2023
Price Reduced
$163,250
-1.06%
MLS
6/30/2023
Price Reduced
$165,000
-8.33%
MLS
6/10/2023
Price Reduced
$180,000
-10%
MLS
5/25/2023
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for U S Hwy 542
Year
Property Taxes
Change
Tax Assessment
Change
2023
$956
12%
$147,885
14%
2022
$850
18%
$129,971
25%
2021
$718
5%
$104,142
5%
2020
$682
-54%
$99,228
88%
2019
$1,476
-8%
$52,789
-4%
2017
$1,607
—
$54,756
-13%
2017
$1,607
11%
$63,287
18%
2016
$1,443
2%
$53,528
9%
2015
$1,410
7%
$48,991
2%
2014
$1,315
—
$48,019
3%
2013
$1,315
—
$46,583
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for U S Hwy 542
U S Hwy 542, Lakeland, FL 33801 (MLS# P4925878) is a Lots/Land property with a lot size of 1.35 acres. U S Hwy 542 is currently listed for $163,250 and was received on May 26, 2023. Want to learn more about U S Hwy 542? Do you have questions about finding other Lots/Land real estate for sale in Lakeland? You can browse all Lakeland real estate or contact a Coldwell Banker agent to request more information.