1321 W Pipkin Road, Lakeland, FL 33811

Description

This property is located in the fast growing area of South Lakeland. Pipkin Road is in the middle of a major expansion which will give great exposure to the subject property. According to the latest census there are 130,117 people living within three miles from the subject property. The median household income is $63,610. The growth rate is projected to be 1.85% per year. This is 9.66 acres with about 330 feet of frontage on Pipkin Road about 1.3 mile west of South Florida Avenue. The property has RL-3 and RL-1 Land Use that allows up to 4.3 units per acre. The phase 1 of the Wildwood subdivision which is contiguous to this property on the west side has about 3.6 units per acre with the RL-1 Land Use. Those lots are 55-70 feet wide. The phase two of Wildwood which is contiguous to the property on the north side has 40+ foot lots. City of Lakeland water is adjacent to the property. Polk County sewer lines are about 1,000 feet to the west of the property at the Colonnades subdivision. There may be some due diligence documents available too.