40,000. cars/day. David Hungerford

Transcription

1 CR 540A West Commercial Site 1.25 acres $625,000 For Sale or Build-to-Suit Used Cars Sales 40,000 Chiropractor Christina Park Ewell Rd. 9,700 18,400 CR 540A 35,000 David Hungerford Gary Ralston, CCIM, CRE N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

2 CR 540A West Commercial Site Property is available for sale or build-to-suit The subject property is located in affluent South Lakeland 21,000 people located within a 2 mile radius Median Household Income is $63,000 43% higher than Polk County and 29% higher than Florida Full access (right in/out and left in/out) is available on 540A, as well as northbound access on S. Florida Ave. The property has shared access with BB&T and Badcock Home Furniture City of Lakeland water and Polk County sewer connections located on north side of 540A The property has a use restriction preventing financial institutions 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

3 Executive Summary Site Address: CR 540a W. Lakeland, FL County: Polk PIN (Property Identification Number): Land Size: Property Use: Zoning: Traffic Count: /- acres Vacant Commercial CAC (Polk County) allows most commercial 18,400 Price: $625, N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

4 Regional Location Map Orlando Lakeland Tampa Lakeland: Center of the I-4 Corridor 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

5 Location Map Auburndale Lakeland Plant City Winter Haven Mulberry Bartow Located in affluent South Lakeland 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

6 1, 2, 3 mile radius 5 & 10 minute drive 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

7 Benchmark Demographics 1 mile 2 miles 3 miles 5 minutes 10 minutes Polk FL US Population 7,455 21,454 48,242 16,637 81, ,909 20,108, ,580,626 Households 2,810 8,024 18,345 6,196 30, ,058 7,858, ,786,233 Families 2,054 6,081 13,645 4,698 22, ,952 5,083,223 80,307,260 Average Household Size Owner Occupied Housing Units 2,041 5,977 13,671 4,737 22, ,596 4,936,146 76,427,142 Renter Occupied Housing Units 769 2,046 4,674 1,458 8,092 81,462 2,922,303 45,359,091 Median Age Trends: Annual Rate Population 1.37% 1.32% 1.28% 1.29% 1.22% 1.18% 1.29% 0.84% Households 1.22% 1.19% 1.15% 1.16% 1.10% 1.07% 1.21% 0.79% Families 1.12% 1.09% 1.07% 1.05% 1.02% 1.00% 1.13% 0.72% Owner HHs 1.23% 1.16% 1.11% 1.10% 1.00% 0.97% 1.09% 0.73% Median Household Income 3.14% 2.90% 3.14% 2.80% 2.83% 2.79% 2.52% 1.89% Households by Income <$15, % 8.30% 6.90% 8.20% 7.40% 13.93% 13.40% 12.50% $15,000 - $24, % 7.40% 7.90% 6.90% 8.30% 12.75% 11.60% 10.09% $25,000 - $34, % 9.90% 9.70% 9.50% 10.00% 12.54% 11.54% 10.06% $35,000 - $49, % 12.50% 13.50% 12.20% 14.10% 16.14% 14.66% 13.31% $50,000 - $74, % 19.80% 19.90% 17.60% 20.20% 19.78% 18.49% 17.68% $75,000 - $99, % 13.70% 15.20% 13.50% 14.80% 11.33% 10.95% 12.28% $100,000 - $149, % 15.50% 15.40% 16.80% 15.10% 8.98% 11.29% 13.44% Median $150,000 - $199, % 5.90% 6.10% 6.90% 5.60% 2.40% 3.99% 5.29% $200, % 7.00% 5.40% 8.50% 4.60% 2.16% 4.08% 5.36% Household Income is Median Household Income $61,075 $62,546 $62,704 $67,004 $60,143 $43,856 $48,377 $54,149 Average Household Income 43% $88,882 $87,733 $84,303 $94,118 $80,411 $59,091 $69,330 $77,008 Per Capita Income $33,291 $32,684 $31,793 $35,075 $29,605 $22,615 $27,618 $29,472 higher than Polk Population by Age 0-4 County 5.60% 5.50% 5.60% 5.20% 5.90% 6.12% 5.40% 6.19% % 6.10% 6.10% 5.90% 6.40% 6.11% 5.53% 6.33% % 6.90% 6.80% 6.80% 7.00% 6.23% 5.69% 6.46% % 6.90% 6.50% 6.90% 6.60% 6.09% 5.85% 6.55% % 5.30% 5.30% 5.00% 5.70% 6.17% 6.56% 7.09% % 10.70% 11.30% 10.10% 12.00% 12.37% 12.83% 13.64% % 12.30% 12.60% 11.90% 12.80% 11.56% 11.93% 12.62% % 15.00% 14.00% 15.10% 13.90% 12.23% 13.34% 13.27% % 15.20% 14.70% 15.90% 14.00% 13.00% 13.37% 12.82% % 10.30% 10.40% 10.90% 9.60% 11.61% 10.90% 8.76% % 4.50% 5.00% 4.90% 4.50% 6.21% 6.03% 4.35% % 1.40% 1.70% 1.50% 1.60% 2.30% 2.59% 1.92% Race and Ethnicity White Alone 82.60% 82.90% 83.80% 84.00% 81.70% 72.91% 73.36% 70.52% Black Alone 10.10% 9.30% 8.00% 8.30% 8.00% 15.39% 16.38% 12.79% American Indian Alone 0.20% 0.30% 0.30% 0.30% 0.30% 0.46% 0.40% 0.97% Asian Alone 1.80% 2.30% 2.50% 2.60% 3.20% 1.84% 2.77% 5.46% Pacific Islander Alone 0.10% 0.00% 0.00% 0.00% 0.10% 0.07% 0.07% 0.19% Some Other Race Alone 2.50% 2.40% 2.80% 2.20% 4.10% 6.46% 4.12% 6.76% Two or More Races 2.70% 2.70% 2.60% 2.60% 2.60% 2.88% 2.90% 3.32% Hispanic Origin (Any Race) 14.40% 14.00% 14.30% 13.30% 16.30% 21.08% 25.07% 17.92%

8 Market Area 30,000 Polk Parkway 32,000 40,500 Pipkin Rd. 42,500 Lake Miriam Dr. 20,500 40,000 9,800 Ewell Rd. 9,700 18,400 18,400 CR 540a 35,000 Christina Shepherd Rd. 15,400 29,000 24,164 Carter Rd. Eaglebrooke Advantageous location near two of Lakeland s premier neighborhoods Christina and Eaglebrooke

9 Trade Area Fitzgerald Rd. 40,000 9,800 Ewell Rd. 9,700 CR 540a 18,400 35,000 Christina and Eaglebrooke Population 6,329 Households 2,289 Median Household Income $81,163 15,400 Shepherd Rd. Households with MHI > $100,000 41% Carter Rd. 24,164

10 Growth to the South 1. Village on the Avenues: 259 new luxury apartments are under construction and will hit the market early Property sold at auction in Owner has plans for residential and retail development T. Mims Corp is developing Bridgeport Lakes a new community with 700+ homes in the $200,000+ price range. 3

11 Neighborhood Aerial Professional Offices Shooting Range $4 Car Wash Used Cars Sales 40,000 Chiropractor Ewell Rd. 9,700 Christina Park 18,400 CR 540a 35,000

12 Site Characteristics

13 Site Plan Example

14 Easements 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

15 Parcel Data 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com

16 Future Land Use

17 Land Use Tables

18 Land Use Tables

19 Land Use Tables

20 Land Use Tables

21 Restricted Uses 2016 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates Coldwell Banker Commercial Saunders Ralston Dantzler Realty, LLC, Coldwell Banker Commercial Saunders Real Estate, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records.