growth market: us 98 south & clubhouse rd. lakeland, florida · 2020 hispanic origin (any race)...

DAVID F. BUNCH, SIOR863-682-6147 • [email protected]

Hauger-Bunch Realtors, Inc. | 415 South Kentucky Avenue • Lakeland, Florida 33801

PROPERTY HIGHLIGHTS

Retail & Office OutparcelsGrowth Market: US 98 South & Clubhouse Rd.

Lakeland, Florida

1 to 17± AC. COMMERCIAL DEVELOPMENT SITES

LISA PARKS ABBERGER, SIOR, AICP863-682-6147 • [email protected]

Lakeland Grand Lakeland Grand ApartmentsApartments

Opened 2020Opened 2020

C-STORE, RETAIL, MEDICAL& OFFICE OPPORTUNITIES

RETENTION POND

CLUBHOUSE ROAD

WALLACE ROAD

SIGNALIZEDINTERSECTION

RETENTIONPOND

WALLACE ROAD

retention

US HWY 98

(6 LANES)

Highland CityTown Center

FIRST STR

EETEXISTING

NORTH

(325+)

Fully Entitled: Retail/Office/Multi-FamilyLots From 1 to 7.5 AcresSignalized IntersectionUtilities/Master RetentionInternal Service RoadPopulation: • 297,973 within 10 miles

OUTOUT PARCEL PARCEL SITES SITES

OUT PARCEL SITESOUT PARCEL SITES

7.57.5±±ACRESACRES

44±± ACRESACRES

TAMPA

ORLANDO

SITELAKELAND

5.05.0±± ACRES ACRES


44+ Acres Total Master Development | Outparcel Lots from 1 to 7.5 Acres

Identification: Mixed-Use Master Development (44+ Acres)

Tax ID: Outparcels: Polk County Parcel #s: 24-29-11-281016-000041; 24-29-11-281016-000031; and 24-29-11-281016-000020

Location: US Hwy. 98 South at Clubhouse Rd./CR 540 Greater Lakeland, Polk County, Florida

Size: Mixed Use Master Development: 17 Acres Remaining Outparcel Lots starting at 1 Acre

Frontage: US Highway 98 S.: ±950 linear feet of frontage Total Mixed Clubhouse Road/CR 540: ±1,560 linear feet of frontage Use Site Wallace Road: ±2,400 linear feet of frontage First Street: ±1,300 linear feet of frontage

Zoning: Town Center (Mixed-Use): Polk County / Not site plan specific Entitled for: Retail & Outparcels (verify for specific uses) Office

Traffic Count: 45,500 on US Highway 98 South (2019) 12,500 on Clubhouse Road (2019)

Access: Property is accessible from: US Hwy. 98 S. at Clubhouse Road/CR 540: Signalized Intersection • 6 Lane Connector Road; Full Movements US Hwy. 98 S. at Wallace Road • Left in; Right-in-Right Out Clubhouse Road • Full Movement

Property Overview continued on next page.

PROPERTY OVERVIEWPROPERTY OVERVIEW

Information concerning this offering is from sources deemed reliable, but no warrantyis made as to the accuracy thereof. It is submitted subject to errors, omissions,

change of price or other conditions, prior sale or lease or withdrawal without notice.

Retail & Office Outparcels Available44+ Acres Total Master Development | Outparcel Lots from 1 to 7.5 Acres



LISA PARKS ABBERGER, SIOR, AICP | [email protected] F. BUNCH, SIOR | [email protected]

863-682-6147

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

5.0± ACRES 7.5±

ACRES

4±ACRES

44 ACRES44 ACRESMASTERMASTER

DEVELOPMENTDEVELOPMENT

CLUBHOUSE RDCLUBHOUSE RD

HW

Y 98 S

HW

Y 98 S

Utility Service City of Lakeland Water and SewerProviders: Central Florida Natural Gas Lakeland Electric

Infrastructure: Master Retention in place; Internal Service Road; All Utilities

Area Within 5 Miles of the Site:Employers: Polk State College Campus (±1.5 miles) Polk County School Board (adjacent) Lakeland Regional Health (project coming on 100 acre site) (±2 miles) Polk County Administration (County Seat) (±5 miles)

Population: 75,153 within 5 miles 297,973 within 10 miles

Comments: Zoned “Town Center” within the growth market of the Lakeland Highlands and the Lakeland/Bartow Corridor, the site provides a unique opportunity for mixed-use development. The front and center acreage is planned for retail, medical and office development, with the eastern acreage recently completed for multi-family development (Lakeland Grand Apartments). The site is across from a Publix-anchored shopping center and at the signalized intersection of US 98 (designated an Intra-State Highway segment) and Clubhouse Rd. (CR 540). The property is strategically between the south Lakeland and Bartow markets, accessible by the Winter Haven and Plant City markets, and within 2.5 miles of the Polk Parkway (loop road connecting to I-4) to the north and less than 5 miles to SR 60 (major cross-state highway) to the south. Lakeland Regional Health (parent company to Lakeland Regional Medical Center) will be developing a 100 acre campus within 2 miles of the site; Polk State College campus is within 1.5 miles; Bartow Regional Medical Center is within 4 miles; and the County Seat/ Administrative Offices is within 5 miles. 639,305 population within 20 miles of the development site.

Available Call For PricingParcels Price: Portions of the site Under Construction. Available Lots from 1 Acre to 17± acres, Net Usable.

PROPERTY OVERVIEWPROPERTY OVERVIEW

Information concerning this offering is from sources deemed reliable, but no warrantyis made as to the accuracy thereof. It is submitted subject to errors, omissions,

change of price or other conditions, prior sale or lease or withdrawal without notice.




LISA PARKS ABBERGER, SIOR, AICP | [email protected]

DAVID F. BUNCH, SIOR | [email protected]

863-682-6147

5.05.0±± ACRES ACRES


Lakeland Grand Lakeland Grand ApartmentsApartments

Newly CompletedNewly Completed

RETENTION POND

CLUBHOUSE ROAD

WALLACE ROAD

RETENTIONPOND

WALLACE ROAD

retention

US HWY 98

(6 LANES)

FIRST STR

EETEXISTING

NORTH

AVAILABLE ACREAGEAVAILABLE ACREAGE



Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof. It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.





OUT PARCEL SITESOUT PARCEL SITES

7.57.5±±ACRESACRES

44±± ACRESACRES



County Road 540ACounty Road 540A

County Road 540 / Clubhouse RoadCounty Road 540 / Clubhouse Road

Polk ParkwayPolk Parkway

Polk StatePolk StateCollegeCollege

I-4, Winter Haven,

I-4, Winter Haven,

& Orlando& Orlando

LAKELANDLAKELAND

Highland CityHighland CityTown CenterTown Center

(Publix-anchored)(Publix-anchored)

6-Lane6-Lane

Plant CityPlant City

BartowBartow& SR 60& SR 60

Lake

land

Hig

hlan

ds R

dLa

kela

nd H

ighl

ands

Rd

Winter HavenWinter Haven

I-4 & TampaI-4 & Tampa

EXITEXIT1010

Clubhouse Rd.Clubhouse Rd.



DISTANCE AERIALDISTANCE AERIAL



Lakeland Regional Lakeland Regional Health SystemsHealth Systems

1.7± Miles from Site1.7± Miles from Site

SanlanSanlanBird & WildlifeBird & Wildlife

SanctuarySanctuary

SITE

Duff Rd.

Campbell Rd.

Banana Rd.G

allo

way

R

d.G

allo

way

Rd.

Marcum Rd.

Socr

um

Loop

Rd.

Cou

nty

Line

Rd.

HIL

LSB

OR

OU

GH

CO

UN

TY

POLK

CO

UN

TY

Drane Field Rd.

Pipkin Rd.

Airp

ort R

d.

Lakeland Linder

Regional Airport

Har

den

Blv

d.

S Fl

orid

a Av

enue

Lake Miriam Dr.

Old Tampa Hwy.George Jenkins Blvd.

Kathleen Rd.Memorial Blvd.

Shepherd Rd.

Lake

land

Hig

hlan

ds R

d.

Clubhouse Rd.

Crews Lake Rd.

Carter Rd.

Polk Parkway

Winter Lake Rd.

Maine Ave.

Rey

nold

s R

d.

Com

bee

Rd.

Edgewood Dr.

Bartow Highway

Lake

land

Hill

s B

lvd.

Saddlecreek Rd.

Nor

th F

lorid

a Av

enue

New Tampa Hwy.

Ewell Rd.

Old

Hw

y 37

Main St.

Central Barn Rd.

Cam

pbel

l Rd.

Kat

hlee

n R

d. Socrum.

USF POLYTECHNIC

CAMPUS

ORLANDO

TAMPAC

ombe

e R

d.

Rd.Loop




I-4 CORRIDOR MAPI-4 CORRIDOR MAP



[email protected] • 863-682-6147 • [email protected]

SITE



EXECUTIVE SUMMARYEXECUTIVE SUMMARY





Executive SummaryUS-98 S & CR-540, Lakeland, Florida, 33812 Prepared by EsriRings: 5, 10, 20 mile radii Latitude: 27.96757

Longitude: -81.87964

5 miles 10 miles 20 milesPopulation

2000 Population 55,255 237,600 485,1452010 Population 66,029 266,044 571,4762020 Population 75,153 297,973 653,0392025 Population 80,418 317,806 698,8552000-2010 Annual Rate 1.80% 1.14% 1.65%2010-2020 Annual Rate 1.27% 1.11% 1.31%2020-2025 Annual Rate 1.36% 1.30% 1.37%2020 Male Population 48.5% 48.5% 48.9%2020 Female Population 51.5% 51.5% 51.1%2020 Median Age 40.4 39.1 40.5

In the identified area, the current year population is 653,039. In 2010, the Census count in the area was 571,476. The rate of change since 2010 was 1.31% annually. The five-year projection for the population in the area is 698,855 representing a change of 1.37% annually from 2020 to 2025. Currently, the population is 48.9% male and 51.1% female.

Median Age

The median age in this area is 40.4, compared to U.S. median age of 38.5.Race and Ethnicity

2020 White Alone 76.6% 70.2% 71.1%2020 Black Alone 11.9% 16.4% 15.5%2020 American Indian/Alaska Native Alone 0.3% 0.5% 0.5%2020 Asian Alone 3.7% 1.9% 1.9%2020 Pacific Islander Alone 0.1% 0.1% 0.1%2020 Other Race 4.2% 7.7% 7.9%2020 Two or More Races 3.1% 3.3% 3.1%2020 Hispanic Origin (Any Race) 17.4% 23.1% 24.3%

Persons of Hispanic origin represent 24.3% of the population in the identified area compared to 18.8% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 66.5 in the identified area, compared to 65.1 for the U.S. as a whole.

Households2020 Wealth Index 115 76 772000 Households 20,203 92,302 185,8282010 Households 24,253 100,338 214,3162020 Total Households 27,355 110,873 241,7902025 Total Households 29,188 117,739 257,7192000-2010 Annual Rate 1.84% 0.84% 1.44%2010-2020 Annual Rate 1.18% 0.98% 1.18%2020-2025 Annual Rate 1.31% 1.21% 1.28%2020 Average Household Size 2.71 2.64 2.65

The household count in this area has changed from 214,316 in 2010 to 241,790 in the current year, a change of 1.18% annually. The five-year projection of households is 257,719, a change of 1.28% annually from the current year total. Average household size is currently 2.65, compared to 2.62 in the year 2010. The number of families in the current year is 167,453 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. Esri converted Census 2000 data into 2010 geography.

July 07, 2020

©2020 Esri Page 1 of 2



EXECUTIVE SUMMARYEXECUTIVE SUMMARY





Executive SummaryUS-98 S & CR-540, Lakeland, Florida, 33812 Prepared by EsriRings: 5, 10, 20 mile radii Latitude: 27.96757

Longitude: -81.87964

5 miles 10 miles 20 milesMortgage Income

2020 Percent of Income for Mortgage 12.0% 12.5% 13.4%Median Household Income

2020 Median Household Income $69,666 $52,011 $52,5932025 Median Household Income $76,221 $54,902 $55,5442020-2025 Annual Rate 1.81% 1.09% 1.10%

Average Household Income

2020 Average Household Income $91,958 $70,813 $70,8172025 Average Household Income $104,161 $78,891 $78,1072020-2025 Annual Rate 2.52% 2.18% 1.98%

Per Capita Income2020 Per Capita Income $33,697 $26,458 $26,2832025 Per Capita Income $38,049 $29,335 $28,8642020-2025 Annual Rate 2.46% 2.09% 1.89%

Households by IncomeCurrent median household income is $52,593 in the area, compared to $62,203 for all U.S. households. Median household income is projected to be $55,544 in five years, compared to $67,325 for all U.S. households

Current average household income is $70,817 in this area, compared to $90,054 for all U.S. households. Average household income is projected to be $78,107 in five years, compared to $99,510 for all U.S. households

Current per capita income is $26,283 in the area, compared to the U.S. per capita income of $34,136. The per capita income is projected to be $28,864 in five years, compared to $37,691 for all U.S. households Housing

2020 Housing Affordability Index 192 183 1722000 Total Housing Units 22,109 105,228 215,329

2000 Owner Occupied Housing Units 15,606 63,047 134,3162000 Renter Occupied Housing Units 4,597 29,255 51,5122000 Vacant Housing Units 1,906 12,926 29,501

2010 Total Housing Units 26,836 115,735 249,5792010 Owner Occupied Housing Units 18,143 66,469 148,7812010 Renter Occupied Housing Units 6,110 33,869 65,5352010 Vacant Housing Units 2,583 15,397 35,263



Currently, 58.5% of the 278,437 housing units in the area are owner occupied; 28.4%, renter occupied; and 13.2% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 249,579 housing units in the area - 59.6% owner occupied, 26.3% renter occupied, and 14.1% vacant. The annual rate of change in housing units since 2010 is 4.98%. Median home value in the area is $168,131, compared to a median home value of $235,127 for the U.S. In five years, median value is projected to change by 3.45% annually to $199,244.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025. Esri converted Census 2000 data into 2010 geography.

July 07, 2020


Site Map5330-5342 Bartow Rd Prepared by Esri5330-5342 Bartow Rd, Lakeland, Florida, 33812 Latitude: 27.96897Rings: 5, 10, 20 mile radii Longitude: -81.87957

September 26, 2018


LAKELANDLAKELAND

20 Miles

5 Miles

10 Miles



SITE MAPSITE MAP



863-682-6147LISA PARKS ABBERGER, SIOR, AICP

[email protected] F. BUNCH, SIOR

[email protected]

ORLANDOORLANDO

TAMPATAMPAPlant CityPlant City Winter HavenWinter Haven

Haines CityHaines City

AuburndaleAuburndale

Lake WalesLake WalesMulberryMulberry BartowBartow

Fort MeadeFort Meade

ZephyrhillsZephyrhills

BoyetteBoyette

growth market: us 98 south & clubhouse rd. lakeland, florida · 2020 hispanic origin (any race)...

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