Price: $3.5 MM
Property Type: Retail / Land
Sale Type: Investment
Zoning Description: NAC / RM
Gross Area: 37 AC
2805 Shepherd Road, Lakeland, FL 33811
This 37 AC property is an excellent spot for a residential development. There is currently a small retail plaza providing an NOI of $50,000.
There is two-way access to the land from a four-lane road, as well as a lighted intersection providing access to the plaza.
Zoning is currently a mix of NAC and RM. A potential best use of the land could involve re-zoning the entire area to RM.
Lighted Intersection Access