Description: 5.30 acres of land in Lakeland, FL located off of Lakeland Hills Blvd & I-4. There is a cell tower on the southeast corner of
the site that leases a 50 x 117 pad (more details of the cell tower lease below). There are some wetlands, approximately 1.72
acres, on the northern portion of the site however the seller has talked with consultants that have said there could be potential
opportunity to mitigate the wetlands. There is also an approximately 0.30 acre FDOT drainage ditch that runs through the
property and if needed it could potentially be relocated to accommodate development. Seller would consider subdividing the
Location: 4141 Lakeland Hills Boulevard, Lakeland, FL 33805. Located in Polk County off of Lakeland Hills Boulevard and I-4.
Access: Currently the parcel can be accessed from Lakeland Hills Boulevard through a right-in and right-out access point that is shared
with the Arbor Oaks Assisted Living Facility. There are plans to have a separate access point for the northern parcel off of
Lakeland Hills Boulevard that will provide right-in and right-out access.
Size: 5.30 Acres (Approximately 3.58 acres of uplands)
Zoning: C-2 Commercial
Utilities: At site
Cell Tower Lease: Located on the southeast portion of the property on a 50 x 117 pad. The lease commenced in May 2014 and is a 5 year lease
with (9) 5 year renewal terms. The rent is $21,000 per year with 3% annual increases.
Asking Price: $1,399,000 (Includes income from cell tower lease)
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