This commercial outparcel and apartment site planned for 264 units are available either separately or together. The parcels are contiguous to CVS Pharmacy at a key signalized intersection in the LEGOLAND corridor. This trade area is booming with growth and is anchored by LEGOLAND Florida and the State Farm Regional Office.
Apartment Site: 17.27 +/- acres (264 units): $3,850,000
Retail Site: 3.06 +/- acres: $1,650,000
The subject property is located in Central Florida which consists of three MSAs – Tampa, Orlando and the Lakeland-Winter Haven MSA. These 3 MSAs are also called the “I-4 corridor” and represent a total of 9 counties and a population of almost 6 million.
The subject is located in Winter Haven, which is part of the Lakeland-Winter Haven MSA. This MSA corresponds with Polk County. Most MSA’s are more than one County and in such circumstances, the analyst would want to consider the MSA and then the County. Typically the map would show the key cities in the geography. Lakeland and Winter Haven are the largest cities in Polk County
- Commercial outparcel and apartment site planned for 264 units are available either separately or together
- Parcels are contiguous to CVS Pharmacy at a key signalized intersection in the LEGOLAND corridor
- There is strong population density within a 2 mile radius of 20,195
- The median household income within a two mile radius is 22% higher than Polk County, and 12% higher than the state of Florida
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2/5/2020 11:09:38 PM