542 U Highway South

Lakeland, FL 33801

$163,250
Price
75,440 / 1.73
Lot Size / Acres

Description

Introducing an exceptional investment opportunity, presenting three vacant commercial land sites spanning a total of 1.35 acres, conveniently located adjacent to a thriving railroad track. This promising property boasts a multitude of advantageous features that make it a highly sought-after proposition for astute investors and business visionaries. Owner financing is an option for the right buyer. Nestled amidst a picturesque landscape, these lots showcase an abundance of lush trees, providing not...Introducing an exceptional investment opportunity, presenting three vacant commercial land sites spanning a total of 1.35 acres, conveniently located adjacent to a thriving railroad track. This promising property boasts a multitude of advantageous features that make it a highly sought-after proposition for astute investors and business visionaries. Owner financing is an option for the right buyer. Nestled amidst a picturesque landscape, these lots showcase an abundance of lush trees, providing not only an enchanting natural ambiance but also offering the potential to recoup a portion of the purchase price through responsible tree harvesting. Whether you envision a commercial development, industrial complex, or recreational facility, this land provides an excellent canvas to bring your ambitious project to life. Although recorded as wetlands in 2016, this land's potential extends beyond its initial zoning. With a new survey and the right approach, there exists the opportunity to rezone the property, unlocking its full potential and paving the way for a diverse range of development possibilities. The combination of its strategic location and the potential to redefine its purpose makes this an enticing prospect for those seeking to capitalize on untapped commercial real estate opportunities. Key Features:

Three vacant commercial land sites totaling 1.35 acres
Picturesque setting adorned with a plethora of trees
Opportunities for responsible tree harvesting to recoup investment
Recorded as wetlands in 2016, with the potential for rezoning with a new survey
Prime location adjacent to a thriving railroad track
Unmatched accessibility and exposure, facilitating business growth and development
Ideal for commercial, industrial, or recreational purposes
Don't miss out on this extraordinary opportunity to acquire vacant commercial land with immense potential. Act now to secure your foothold in this rapidly evolving market. Contact us today to arrange a private viewing or to request further information.
  1. Listed by Brenda Brooks • CENTURY 21 MYERS REALTY

Property Details for 542 U Highway South

Township
28
Waterfront
No

Location

Listing Courtesy of CENTURY 21 MYERS REALTY, Brenda Brooks
Add your commute
LISTING UPDATED: 06/24/2024 08:00 AM

Property Details for 542 U Highway South

StatusActive
MLS #P4925878
Days on Market410
Taxes$158 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size1.73 AC
CountyPolk County

Location

Listing Courtesy of CENTURY 21 MYERS REALTY, Brenda Brooks
Add your commute

Building Information for 542 U Highway South

Lot Size1.73 AC

Payment Calculator

$904 per month

30 year fixed, 7.25% Interest

Principal and Interest

$891

Property Taxes

$13

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 542 U Highway South

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: South
  • Directions: Take 92 West to Old Dixie rd. Go accross railroad track and turn right on Hwy 542(Kville Rd). Property is on right across from Pelican lake area. One entry for all three lots.
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Road Frontage Type: County Road
  • Street Name: U S HWY 542
  • State: FL
  • City: LAKELAND
Taxes and HOA Information
  • Tax Book Number: P-81
  • Tax Legal Description: S1/2 OF NW1/4 OF SE1/4 LYING S OF ACC RR R/W LESS W 910 FT & LESS SR 542, W 910 FT OF S1/2 OF NW1/4 OF SE1/4 LYING S OF SCL RR R/W LESS W 705 FT & LESS SR 542, S1/2 OF NW1/4 OF SE1/4 LYING S OF ACC RR R/W LESS W 910 FT & LESS SR 542
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 24-28-14-000000-023050, 24-28-14-000000-023060
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Lot Features: Irregular Lot, Unincorporated, Wetlands
  • Lot Size Dimensions: 820x92
  • Parcel Number: 24-28-14-000000-023060
  • Total Acreage: 1 to less than 2
  • Water Access: No
  • Water Extras: No
  • Zoning: C-3
  • Zoning Compatible: Yes
  • Lot Dimensions: 820x92
Property and Assessments
  • Flood Zone Code: X, AE
  • Number Of Lots: 3
  • Public Survey Range: 24
  • Public Survey Section: 14
Utilities
  • Sewer: None
  • Utilities: BB/HS Internet Available, Electrical Nearby, Sewer Nearby, Water Nearby
  • Water Source: None
Interior and Exterior Features
Exterior Features
  • Front Footage: 820
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 542 U Highway South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 542 U Highway South

This home is within Polk.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Rating
School
Distance
Frank E. Brigham Academy
PublicPK to 5

Clarence Boswell Elementary School
PublicPK to 5

Jewett School Of The Arts
PublicPK to 8

Jewett Middle Academy Magnet
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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542 U Highway South is a 1.73 ac of land for sale in Lakeland, FL 33801. This property was listed for sale on May 25, 2023 by CENTURY 21 MYERS REALTY, it's currently listed at $163,250. This listing's school district is Polk. Nearby schools include Frank E. Brigham Academy, Clarence Boswell Elementary School and Jewett School Of The Arts. 542 U Highway South is a 0-bed, 0-bath, 1.73 ac of land on a 75,440 sq. ft. / 1.73 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 MYERS REALTY, Brenda Brooks

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/24/2024 08:00 AM