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5010 New Tampa Hwy - Vistas Multifamily Land 7.06 Acres of Commercial Land Offered at $1,460,854 CAD in Lakeland, FL 33815



Investment Highlights
- Easy access to major highways
- Frontage on Old Tampa Highway
- Spacious land for development
Executive Summary
This 7.06-acre multifamily development site offers a significant head start with advanced plans already in place for a 105-unit project, including architectural and MEP sets. Boasting substantial frontage on Old Tampa Highway, the property is perfectly positioned for high visibility and seamless connectivity to the region’s critical transit arteries, including Galloway/Airport Road, the Polk Parkway, and I-4, placing both Tampa and Orlando within easy reach.
The site is strategically located in a high-demand employment pocket, offering future residents a short commute to major regional hubs such as Southern Glazer’s Wine & Spirits, Rooms To Go, and the Amazon Fulfillment Center. With its proximity to the industrial and logistics corridor near the airport, this project is ideally suited to capture the area's growing workforce.
The site is strategically located in a high-demand employment pocket, offering future residents a short commute to major regional hubs such as Southern Glazer’s Wine & Spirits, Rooms To Go, and the Amazon Fulfillment Center. With its proximity to the industrial and logistics corridor near the airport, this project is ideally suited to capture the area's growing workforce.
Property Facts
| Price | $1,460,854 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.06 AC |
| Property Type | Land | ||
| Zoning | RL-4 & LCC | ||
| Price | $1,460,854 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.06 AC |
| Zoning | RL-4 & LCC |
1 Lot Available
Lot
| Price | $1,460,854 CAD | Lot Size | 7.06 AC |
| Price Per AC | $206,919.89 CAD |
| Price | $1,460,854 CAD |
| Price Per AC | $206,919.89 CAD |
| Lot Size | 7.06 AC |
This 7.06-acre multifamily development site offers a significant head start with advanced plans already in place for a 105-unit project, including architectural and MEP sets.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $46,512 CAD | |
| Land Assessment | $359,191 CAD | Total Assessment | $405,704 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$359,191 CAD
Improvements Assessment
$46,512 CAD
Total Assessment
$405,704 CAD
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5010 New Tampa Hwy - Vistas Multifamily Land
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