3740 Old Tampa Hwy, Lakeland, FL 33811

This 9.66 ± acre property presents a compelling investment and development opportunity strategically located along Old Tampa Highway with approximately 240 feet of direct frontage. Currently designated for Multi-Family use (under 10 units per acre), the site includes a fully engineered conceptual plan for a 96-unit townhome development, providing immediate residential development potential. Zoned R-4 (Residential Medium) with future flexibility for Business Park (BP) rezoning, the property is exceptionally versatile, suitable for residential, commercial, or light industrial use subject to municipal approvals. Situated just minutes from Interstate 4 and major distribution centers, this site benefits from strong logistical connectivity and proximity to a growing employment hub. The surrounding area includes established residential communities and high-traffic industrial corridors, further enhancing the marketability and absorption potential of new development.

This property offers convenient access to several major transportation corridors. Positioned just minutes from Interstate 4, it provides direct connectivity to both Tampa and Orlando, making it a strategic location for commuters, logistics, or commercial operations. The nearby Polk Parkway (SR-570) loops around the city, offering efficient travel to other parts of Polk County and reconnecting with I-4 at multiple points. Additional routes such as US Highway 92 and State Roads 33 and 37 further enhance accessibility to surrounding communities and business hubs.

Lakeland itself is one of Central Florida’s fastest-growing metro areas, located between Tampa and Orlando. Known for its blend of small-town charm and regional economic significance, Lakeland is home to major employers like Publix and boasts a strong logistics and distribution sector. The city features a revitalized downtown, cultural landmarks, and scenic lakeside parks, as well as institutions like Florida Southern College and Florida Polytechnic University. With its strong infrastructure, central location, and growing population, Lakeland continues to attract investment and interest across residential, commercial, and industrial sectors.