Polk Realty Advisors LLC
Polk Realty Advisors LLC
Listed by Polk Realty Advisors LLC
$945,000
1850 Olympian Way
Details
Property Type Land
Sub Type Commercial
Acreage 1.000
Zoning C-3 (Commercial Highway)
Commercial Land | 1 acres
Marketing description
1850 Olympian Way is a 1.0 acre parcel of retail / commercial land located in one of the Country’s fastest growing MSAs. Positioned in Winter Haven’s commercial corridor this outparcel is located next to many national retailers, including a Home Depot-anchored shopping center. This site is accessed by a private road with two options for ingress/egress via Martin Luther King Blvd. and Unity Way NW. Martin Luther King Blvd currently has over 30,000 daily vehicle trips. This outparcel has great visibility with over 215 feet of frontage and easy access into the site.
Zoned C-3, or Commercial Highway, this site allows for a wide range of retail and commercial uses, making it ideal for retail, restaurant, service-based businesses, and many other commercial uses.
This property is also eligible for incentives from the Florence Villa Community Redevelopment Agency (CRA). These incentives could allow for reducing certain development costs, impact fees, and many other options.
Investment highlights
- High-traffic frontage on Martin Luther King Blvd (Over 30,000 AADT)
- Easy Access to site via MLK Blvd. or Unity Way with right-in/right-right out capabilities
- Ability to utilize private road with existing reciprocal easements already in place (Olympian Way)
- Close to downtown Winter Haven and Home-Depot anchored shopping centers
- Positioned in commercial corridor close in proximity to other National Credit Retailers
- Surrounded by multifamily and single-family residential neighborhoods
- C-3 Zoning (Commercial Highway) allows for wide range of commercial or retail uses
- Minimal site challenges – no major land clearing or mitigation required
- Eligible for CRA Incentives (Florence Villa CRA) that would provide cost-savings in development costs or tax deferments.
Listing Contacts
Polk Realty Advisors LLC
Polk Realty Advisors LLC
Listed by Polk Realty Advisors LLC
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