3800 Us Highway 98Lakeland, FL 33809

Property Details for 3800 Us Highway 98

Year built

1994

Lot size

7.61 AC

Property size (Sq ft)

104,892 SF

Zone code

C-5

Property type

Super regional malls

APN

232735000000012120

APU

232735000000012120

Description

This exceptional 155,276-square-foot vacant retail building, formerly a Sears, is situated on an 11.57-acre lot at Lakeland Square Mall in Lakeland, Florida (33809). The property, built in 1988 and boasting a Class B designation, offers significant redevelopment potential. Its prime location near Interstate 4 and Highway 98 provides unparalleled access and visibility, with convenient connectivity to the rest of the mall and signalized intersections on Hwy 98. This strategic position between Tampa and Orlando makes it a gateway to Central Florida's thriving market. Currently zoned C-5, the property presents numerous possibilities, including continued use as retail space (convenience store, grocery store, or shopping center), or, with a zoning change, conversion to apartments or self-storage. The asking price is $10,900,000, translating to $70.20 per square foot. The property's size, location, and vacant status create a unique value-add investment opportunity. Detailed zoning guidelines are available upon request. The parcel number is 232735000000012020.

Location Insight

City

Lakeland

County

Polk

State

Florida

Latitude

28.0922

Longitude

-81.9795

CBSA code

29460

CBSA name

LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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