1002 Hwy 17-92Davenport, FL 33837

Property Details for 1002 Hwy 17-92

Lot size

7.20 AC

Property type

Retail properties

Property subtype

Land

Description

This exceptional 7.2-acre commercial property in Davenport, Florida, presents a unique investment opportunity. Located at 1002 U.S. Hwy 17-92 N, this prime site boasts a highly desirable C-2 zoning designation, recently approved in 2023, reflecting the city's commitment to commercial growth. The property comprises three parcels and benefits from a significant 400-foot frontage on US Hwy 17-92 and over 600 feet of frontage along the soon-to-be-completed Power Line Road extension, creating a signalized, hard-corner intersection with exceptional visibility. Currently generating nearly $160,000 in annual rental income from five single-family homes and one warehouse, this property offers immediate cash flow while providing ample space for future development. The existing structures and open land provide flexibility for a variety of commercial ventures. This strategic location in Polk County, with its zip code 33837, offers unparalleled access and exposure to a growing market. The asking price is $1,999,999. This is a rare opportunity to acquire a substantial commercial property with immediate income and significant long-term potential in a thriving Florida community.

Location Insight

City

Davenport

County

Polk

State

Florida

Latitude

28.1703

Longitude

-81.5971

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