Fronting US Highway 98 North, one of Lakeland's most heavily traveled major roadways, this 7.11± acre development opportunity offers exceptional visibility, accessibility, and entitlement flexibility in one of Central Florida's fastest-growing markets. The property is level and dry and benefits from Public Utilities, with Electric located directly in front of the site, helping to reduce future development costs. The parcel is zoned RL-2 and LCC and lies within a Transit Corridor Overlay and TSDA area which allows for up to 10 dwelling units per acre by residential development by right. The zoning would allow for a mixed use development concept, with commercial or neighborhood along the US-98 frontage and residential development toward the rear of the property, or the RL-2 zone can be applied to the entire site allowing for a full residential development per county code. Residential densi...
Fronting US Highway 98 North, one of Lakeland's most heavily traveled major roadways, this 7.11± acre development opportunity offers exceptional visibility, accessibility, and entitlement flexibility in one of Central Florida's fastest-growing markets. The property is level and dry and benefits from Public Utilities, with Electric located directly in front of the site, helping to reduce future development costs. The parcel is zoned RL-2 and LCC and lies within a Transit Corridor Overlay and TSDA area which allows for up to 10 dwelling units per acre by residential development by right. The zoning would allow for a mixed use development concept, with commercial or neighborhood along the US-98 frontage and residential development toward the rear of the property, or the RL-2 zone can be applied to the entire site allowing for a full residential development per county code. Residential density allows up to 10 units per Acre, making the site well suited for Townhomes, clustered Single-family homes, or a Blended Commercial/Residential Project. Located just minutes north of Interstate 4, the property enjoys strong traffic exposure, excellent regional connectivity, and proximity to retail centers, employment hubs, and established residential communities. Lakeland's strategic location between Tampa and Orlando, combined with access to I-4, US-98, US-27, nearby rail infrastructure, and multiple regional airports, continues to drive sustained population and economic growth. Lakeland is home to major employers including Publix Super Markets, GEICO, FedEx, and numerous logistics and distribution centers, supported by a strong labor pool and nearby universities. Solid household incomes and consistent population growth projections reinforce long-term demand for Both Residential and neighborhood Commercial Development along this major roadway. Whether you are planning a Commercial-Front / Residential-Rear Development, a Townhome or Single-family community, or holding for Future appreciation within the US-98 Linear Commercial Corridor, this site delivers the visibility, infrastructure, zoning framework, and market fundamentals to support a successful project.
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