U S Hwy 542, Lakeland, FL, 33801 | $163,250

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.

Features

  • Lot Size: 820 x 92
  • Lot Desc: Irregular Lot, Unincorporated, Wetlands
  • MLS#: P4925878
  • Days on Market: 501 days
  • Website: https://www.raveis.com
    /prop/P4925878/ushwy542_lakeland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 8:47:08 AM)
Listing courtesy of CENTURY 21 MYERS REALTY   Phone: 863-875-5656

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

U S Hwy 542, Lakeland, FL, 33801

$163,250

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $130,600 $130,600 $130,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $869 $868 $1,101
Total Monthly Payment $944 $943 $1,176

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.