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Bill Eshenbaugh
Bill Eshenbaugh
Eshenbaugh Land Company

5.3 acres in Polk County, Florida

4141 Lakeland Hills Blvd., Lakeland, Florida 33805 - Polk County
$1,200,000 5.30 Acres
Property ID 1380140


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)

Tax Data (Show Tax Data)

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Accredited Land Consultant - Realtors Land Institue

Bill Eshenbaugh

Eshenbaugh Land Company

2502 North Rocky Point Drive
Suite 675
Tampa, FL 33607

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