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Investment Highlights

  • ±1.25 ACRES MOL (THREE PARCELS)
  • LOT DIMENSIONS ±140’ X 390’ (SUBJECT TO SURVEY) APPROX. 140’ FRONTAGE ON US HWY 98 NORTH
  • FEMA ZONE X – NOT LOCATED IN FLOODPLAIN
  • ZONED LINEAR COMMERCIAL CORRIDOR (LCC) LOCATED IN UNINCORPORATED POLK COUNTY
  • LAKELAND ELECTRIC SERVICE AREA
  • TRAFFIC COUNT: 42,000 AADT (FDOT 2024)

Executive Summary

This 1.25-acre commercial parcel offers a rare opportunity along Lakeland’s high-growth US Highway 98 North corridor. Located approximately 3.5 miles north of Interstate 4, the site features 140 feet of frontage on US 98 with exposure to over 42,000 vehicles per day. Zoned Linear Commercial Corridor (LCC) within unincorporated Polk County, the property supports a wide range of uses including retail, office, mixed-use, and specialty services.
Access is provided via Fox Lake Drive, and the site consists entirely of upland acreage outside the floodplain (FEMA Zone X). Surrounding businesses include New Life Veterinary Hospital, MidFlorida Credit Union, and Northside Village Plaza featuring national and local retailers. The location is anchored by a dense residential population of approximately 46,000 within a 10-minute drive, and growth momentum is accelerating with a planned residential development of 150–160 single-family homes by LGI Homes nearby off Fulton Green.
Lakeland’s strategic position between Tampa and Orlando along the I-4 corridor continues to attract investment and development. The city offers a pro-business environment, infrastructure improvements, and a growing employment base, making this parcel an excellent choice for developers and investors seeking long-term value in a high-traffic, rapidly expanding market.

Property Facts

Price $619,875 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Daycare Centre
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Restaurant
  • Veterinarian or Kennel
Total Lot Size 1.25 AC
Zoning LCC - Linear Commercial Corridor (LCC) - Polk County Future Land Use

1 Lot Available

Lot

Price $619,875 CAD
Price Per AC $495,900.02 CAD
Lot Size 1.25 AC

Description

Description: This 1.25 Acre MOL vacant Commercial lot is located about 3.5 miles North of I-4, near lighted intersection at US HWY 98 and Duff Road. Frontage on HWY 98 North is about 140 linear feet, providing exposure to over 42,000 vehicles AADT. Access to the property is off Fox Lake Drive, with all upland acreage, not a floodplain. To the South of the property is New Life Veterinary Hospital, GenCare Kids PPEC, MidFlorida bank, and Northside Village Plaza with Subway, Pizza Hut, Edward Jones, Fuel Community Church, and Pan4U Latino Bakery. Location: The site is located just five miles north of I-4 in a heavily populated residential area, with 46,000 people within a 10-minute drive time of the site. Site is located at the hard corner of Fox Lake Drive/ US 98 North. US 98 has 42,000 VPD on this main retail corridor. Area Information: Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I -4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I -4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area. The area surrounding Lakeland offers a range of affordable industrial and commercial real estate options. Whether you need office space, manufacturing facilities, or warehousing, you can find suitable properties to meet your needs. The city and its surrounding area have invested in infrastructure improvements, including utilities and technology, to support business growth and innovation. A wonderful lifestyle for employees with its pleasant climate, cultural amenities, and recreational opportunities, making it an attractive place to live and work.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 23-27-13-000931-000952
  • 23-27-13-000931-000953
  • 23-27-13-000931-000951
Land Assessment
$198,495 CAD
Improvements Assessment
$0 CAD
Total Assessment
$198,495 CAD
  • Listing ID: 39639936

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 0 Fox Lake dr, Lakeland, FL 33809

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