OAKRIDGE HEIGHTS
About 1st St
Great Opportunity In Expanding Polk City. Two Commercial C-2 Lots Approx. 12,632/sqft Total (.29 Acre), Each Lot Is 50ft x 125ft Allowing Up To 100ft Of Road Frontage. With Approved Site Development Plan, Potential Allowed Uses Include General Retail, Assisted Living, Nursing Home, Medical & Professional Offices (Dr/Insurance/Real Estate), Hotel/Motel, Restaurant, Shopping Center, Auto/Boat Sales New/Used, Laundry/Dry Cleaning, & More. No Warehouse Use Without Retail Space &/Or Office Space & Would Still Need City Approval Of Site Development Plan. Seller Will Consider Splitting Off Lots On A Case By Case Basis. Property Located Across Street From Residential Neighborhood & One Block From Major State Road, SR 33 aka Commonwealth Ave. 2021 Daily Traffic Count On SR 33 Was Between 13,700 To 10,200, 2022 Was Between 18,500 To 11,000 & Connects Polk City To Lakeland With Access To Interstate, I-4. Polk City Is A Rapidly Growing Community Featuring Recreational Sites Including The Gen. Van Fleet Nature Trail, Multiple Freshwater Public Access Lakes & New Businesses Such As Amazon, BestBuy, Dollar General & Established Pharmacy, Restaurants, Hardware, Convenience Stores All Nearby. Plus The New Florida Polytechnic University Campus Is Also Nearby, Less Than 6 Miles To The South Near I-4. Polk City Has Also Added 400 New Homes Just South Of This Location And More Are Coming Soon. There Are Multiple Strip Malls In Development & A New Gas Convenience Store Also Coming Soon. Listing Prices Of Commercial Land Nearby I-4 & Polk City Are Asking Up To $800k+ Per Acre. At Our List Price Of $85k, That's Just $293,103 Per Acre. Polk City Is One Of The Last Towns Along Interstate I-4 That Has Not Been Overly Commercialized But It's Coming. These Lots Could Also Be A Great Invest To Hold For A Few Years While Property Prices Continue To Rise.
