
$3,999,000
8418 Us Highway 98Lakeland, FL 33809
Listing updated: October 22, 2026 at 1:32 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY ON US HIGHWAY 98 NORTH IN LAKELAND! Discover 10.13 contiguous acres offering outstanding highway visibility, approximately 325 feet of frontage along US Highway 98 North, and a strategic location in one of Lakeland's established commercial corridors. This unique offering consists of two adjoining parcels totaling approximately 7.92 acres and 2.21 acres, providing an opportunity for investors, developers, and businesses seeking substantial acreage along a major Central Florida transportation corridor. The property benefits from its location along a heavily traveled roadway surrounded by established commercial activity and growing residential communities. The existing Linear Commercial Corridor (LCC) future land-use boundary extends beyond the 2.21-acre commercial parcel and into the adjoining 7.92-acre residential parcel, presenting an opportunity to pursue additional commercial land-use and zoning approvals within the established corridor. The MLS reflects a county-imported C-3 zoning designation; however, zoning and land-use classifications may differ between the parcels. Any proposed changes in use, rezoning, or development are subject to Polk County review and applicable governmental approvals. The property features direct frontage along US Highway 98 North and access from Banana Road, offering multiple points of connectivity. Preliminary utility research has identified nearby public water infrastructure and potential service connection opportunities, subject to utility provider confirmation, engineering requirements, available capacity, and associated improvements. The substantial acreage and highway exposure make this an attractive opportunity to explore a variety of development concepts, including potential phased development, subject to applicable land-use regulations and site-specific feasibility. Two existing manufactured homes used as rentals are located on the property and are included in the sale, although the property is being marketed primarily for its land value and development potential. Conveniently located in North Lakeland with access to surrounding residential neighborhoods, established businesses, and major transportation routes, this offering presents an opportunity to secure a sizable landholding in the Lakeland market. Buyer and buyer's representatives are responsible for independently verifying zoning, future land use, utilities, access, permitted use, environmental conditions, development feasibility, and all applicable governmental requirements.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveOct 22, 2026
- Listed$3,999,000Oct 22, 2026
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- County
- Polk
- Price/sq ft
- $25
- Lot size
- 159,790 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X
- Annual taxes
- $7,935 (2025)
- Parcel #
- 23-27-11-000000-012020
- Zoning
- C-3
- MLS #
- L4965818
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Parking
- Garage spaces
- 0
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electrical Nearby, Sewer Nearby, Water Nearby
Listing Details
- Listing date
- 2026-10-16
- On market date
- 2026-10-22
- Original list price
- $3,999,000
- MLS area
- 33809 - Lakeland / Polk City
- Listing AOR
- Lakeland
- Status changed
- 2026-10-22
- Tax legal description
- See Attachments
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4, take Exit 32 for US Highway 98 N and head north toward Dade City. Continue on US Highway 98 N past W Socrum Loop Road. The properties are located along US Highway 98 N near Banana Road, at 8418, 8426, and 8440 US Highway 98 N, Lakeland.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 22, 2026 at 1:32 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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