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US 98 Highland City Commercial Opportunity 5503 Us Highway 98 S 2,770 SF Retail Building Lakeland, FL 33812 $1,085,961 CAD ($392.04 CAD/SF)
INVESTMENT HIGHLIGHTS
- Three (3) grade-level doors – two measuring 10' x 12' and one measuring 14' x 12'
- Frontage along US Hwy 98
- Proximity to major retailers such as Publix, McDonald’s, Culver’s, Circle K, and O’Reilly Auto Parts
- 480 ± SF of mezzanine storage
- Located less than 3 miles south of the Polk Parkway
EXECUTIVE SUMMARY
The subject property is located along US Highway 98 in Highland City, FL. It is a freestanding office building situated on a 0.36 acre lot. Access to the property is available from both US 98 S and Laurel Avenue SE. There are a total of three (3) grade level doors - two face US Highway 98 and measure 10' x 12', and one faces Laurel Ave and measures 14' x 12'. Additionally, the space features approximately 480 ± SF of mezzanine storage, which can be accessed via a steel staircase.
This space is ideal for any user looking for office space or some retail uses.
Location Description
The property is located along US Highway 98, a major north–south thoroughfare in the area. It sits just 3 miles south of the Polk Parkway and less than 5 miles north of State Road 60. State Road 60 runs east–west, connecting Tampa Bay to Vero Beach. The Polk Parkway also provides direct access to Interstate 4.
The surrounding area features a mix of professional office spaces, major retailers, residential neighborhoods, and apartment complexes. One active development in the area is the construction of an IHOP restaurant just north of the Clubhouse Road and US Highway 98 intersection. Another major project underway is the new Orlando Health Hospital, which is currently under construction along the Polk Parkway and expected to open in 2026. These and other developments reflect the continued growth and investment in the surrounding area.
This space is ideal for any user looking for office space or some retail uses.
Location Description
The property is located along US Highway 98, a major north–south thoroughfare in the area. It sits just 3 miles south of the Polk Parkway and less than 5 miles north of State Road 60. State Road 60 runs east–west, connecting Tampa Bay to Vero Beach. The Polk Parkway also provides direct access to Interstate 4.
The surrounding area features a mix of professional office spaces, major retailers, residential neighborhoods, and apartment complexes. One active development in the area is the construction of an IHOP restaurant just north of the Clubhouse Road and US Highway 98 intersection. Another major project underway is the new Orlando Health Hospital, which is currently under construction along the Polk Parkway and expected to open in 2026. These and other developments reflect the continued growth and investment in the surrounding area.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
2,770 SF
Building Class
C
Year Built
1948
Price
$1,085,961 CAD
Price Per SF
$392.04 CAD
Building Height
1 Story
Building FAR
0.18
Lot Size
0.36 AC
Zoning
C3 - C-3 zoning district typically designates land for intensive commercial uses, allowing a wide range of retail, service, and wholesale establishments.
Parking
4 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
132’ on Bartow Road
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24-29-14-283000-040710 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $285,173 CAD |
PROPERTY TAXES
Parcel Number
24-29-14-283000-040710
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$285,173 CAD
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US 98 Highland City Commercial Opportunity | 5503 Us Highway 98 S
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