TAMPA
Alderman Road
Swindell Road
Exit 25
o ndO lNa D r O
A ToL
OR
Exit 27
County Line Road
Lakeland Regional Industrial Park
Key Safety Systems
Polk Parkway
REALTOR ®
hauger bunch
Central Florida I-4 Site 12.77 Acres w/ Entitlements Ltd Retail-Hotel-Warehouse Lakeland, Florida
Southern Wine & Spirits
www.Hauger-Bunch.com
David F. Bunch, SIOR 415 South Kentucky Avenue Lakeland, FL 33801
[email protected] 863.682.6147
hauger bunch
Central Florida I-4 Site Property Aerial
REALTOR ®
Alderman Road
Swindell Road
N Frontage Road
Central Florida I-4 Site
hauger bunch
Property Overview
REALTOR ®
Identification:
12.77 Acres on I-4 (Krueger)
Location:
I-4 Exit 25/I-4 & Frontage Road Lakeland, FL 33805
Parcel ID:
23-28-19-000000-031040; 031010; 031060 and 031120
Lot Size:
12.77 Acres
Lot Dimensions:
Irregular 331’ and 338’ on Swindell Road; 183’ on North I-4 Frontage Road; 550’+ on Alderman Road
Zoning:
Recently annexed to Lakeland; Rezoning in progress; will allow limited commercial, hotels, light manufacturing, warehouse, etc. Current Land Use is Polk Co. Business Park Center 2 (BPC-2)
Traffic Count:
115,500 on Interstate 4 (2007)
Access:
I-4 Exit 25 to Swindell Road, Alderman Road, or North I-4 Frontage Road
Utilities:
Water : City of Lakeland Sewer: City of Lakeland Electric: City of Lakeland Gas: Potential from TECO or Central Florida Gas (now across I-4) Verify all for availability and capacity
Comments:
Excellent Central Florida Mixed-Use Site between Tampa and Orlando at Lakeland, FL. Direct I-4 exposure and quick access. Currently entitled and permitted for a light industrial use (equipment rental). Potential expansion. Retention ponds permitted and in place, with storm water collection system, and city water stubbed in.
Price:
$3,570,000 ($6.49 psf)
Contact David F. Bunch, SIOR 863.682.6147 Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof. It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.
Central Florida I-4 Site
hauger bunch
Distance Aerial
Alderman Road
TAMPA
Exit 25
Swindell Road
do do rlanDO n la OAN Or TRoL To
REALTOR ®
O
Exit 27
Key Safety Systems
Polk Parkway
County Line Road
Lakeland Regional Industrial Park
Southern Wine & Spirits
hauger bunch REALTOR ®
Central Florida I-4 Site Survey
Central Florida I-4 Site
hauger bunch
Greater Lakeland I-4 Corridor Map Campbell Rd.
Banana Rd.
d.
Harden Blvd.
Airport Rd.
. Blvd nkins wy. e J e g Geor pa H Tam Old
Combee Rd. Clubhouse Rd.
y
Central Barn Rd.
wa
Ewell Rd.
Lake Miriam Dr.
gh Hi
Pipkin Rd.
Polk P
Winter Lake Rd.
Drane Field Rd.
Carter Rd.
E.F. Griffin Rd.
Crews Lake Rd. Shepherd Rd.
y
arkwa
Maine Ave.
Edgewood Dr.
Lakeland Highlands Rd.
Lakeland Linder Regional Airport
Main St.
Reynolds Rd.
R
Combee Rd.
n
Lakeland Hills Blvd.
ee
Saddlecreek Rd.
w rto Ba
County Line Rd.
hl
North Florida Avenue
at
S Florida Avenue
K
Old Hwy 37
SITE
Tam
Marcum Rd.
Memorial Blvd.
y. pa Hw
USF POLYTECHNIC CAMPUS
Socrum Loop Rd.
Galloway Rd.
Duff Rd.
Galloway Rd.
TAMPA
New
Socrum. Loop Rd.
Campbell Rd.
POLK COUNTY
HILLSBOROUGH COUNTY
To Orlando ORLANDO
Kathleen Rd.
REALTOR ®
hauger bunch REALTOR ®
Krueger Site Type: Radius
Central Florida I-4 Site Executive Summary Demographics-Executive Summary Prepared by Hauger-Bunch, Inc.
Lakeland, FL 33810 Radius: 10.0 mile
Lakeland, FL 33810 Radius: 20.0 mile
Lakeland, FL 33810 Radius: 50.0 mile
2008 Population Total Population Male Population Female Population Median Age
295,263 48.6% 51.4% 38.1
808,407 48.9% 51.1% 38.3
4,376,446 48.7% 51.3% 40.8
2008 Income Median HH Income Per Capita Income Average HH Income
$47,439 $24,214 $61,633
$51,551 $25,545 $65,918
$49,154 $26,877 $66,030
2008 Households Total Households Average Household Size 1990-2000 Annual Rate
115,100 2.52 1.71%
309,342 2.57 2.28%
1,762,041 2.44 2.01%
63.0% 24.4% 12.6%
66.3% 21.8% 12.0%
63.8% 22.9% 13.3%
212,557 250,860 295,263 333,184 1.67% 2% 2.45%
521,712 647,378 808,407 921,492 2.18% 2.73% 2.65%
2,889,100 3,540,744 4,376,446 4,986,090 2.05% 2.6% 2.64%
2008 Housing Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units
Population 1990 Population 2000 Population 2008 Population 2013 Population 1990-2000 Annual Rate 2000-2008 Annual Rate 2008-2013 Annual Rate
In the identified market area, the current year population is 4,376,446. In 2000, the Census count in the market area was 3,540,744. The rate of change since 2000 was 2.6 percent annually. The five-year projection for the population in the market area is 4,986,090, representing a change of 2.64 percent annually from 2008 to 2013. Currently, the population is 48.7 percent male and 51.3 percent female.
Households 1990 Households 2000 Households 2008 Households 2013 Households 1990-2000 Annual Rate 2000-2008 Annual Rate 2008-2013 Annual Rate
81,515 96,596 115,100 130,544 1.71% 2.15% 2.55%
196,059 245,699 309,342 354,479 2.28% 2.83% 2.76%
1,178,542 1,437,408 1,762,041 2,003,191 2.01% 2.5% 2.6%
The household count in this market area has changed from 1,437,408 in 2000 to 1,762,041 in the current year, a change of 2.5 percent annually. The five-year projection of households is 2,003,191, a change of 2.6 percent annually from the current year total. Average household size is currently 2.44, compared to 2.41 in the year 2000. The number of families in the current year is 1,143,619 in the market area.
Housing
Currently, 63.8 percent of the 2,032,535 housing units in the market area are owner occupied; 22.9 percent, renter occupied; and 13.3 percent are vacant. In 2000, there were 1,645,551 housing units— 61.8 percent owner occupied, 25.5 percent renter occupied and 12.7 percent vacant. The rate of change in housing units since 2000 is 2.59 percent. Median home value in the market area is $184,688, compared to a median home value of $192,285 for the U.S. In five years, median home value is projected to change by 0.17 percent annually to $186,244. From 2000 to the current year, median home value changed by 9.93 percent annually. Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography.
hauger bunch REALTOR ®
Krueger Site Type: Radius
Central Florida I-4 Site
Executive Summary
Prepared by Hauger-Bunch, Inc. Demographics-Executive Summary Lakeland, FL 33810 Radius: 10.0 mile
Lakeland, FL 33810 Radius: 20.0 mile
Lakeland, FL 33810 Radius: 50.0 mile
Median Household Income 1990 Median HH Income 2000 Median HH Income 2008 Median HH Income 2013 Median HH Income 1990-2000 Annual Rate 2000-2008 Annual Rate 2008-2013 Annual Rate
$26,489 $37,791 $47,439 $53,906 3.62% 2.79% 2.59%
$27,413 $40,246 $51,551 $56,931 3.91% 3.05% 2.01%
$26,125 $37,860 $49,154 $55,338 3.78% 3.22% 2.4%
Per Capita Income 1990 Per Capita Income 2000 Per Capita Income 2008 Per Capita Income 2013 Per Capita Income 1990-2000 Annual Rate 2000-2008 Annual Rate 2008-2013 Annual Rate
$12,738 $18,970 $24,214 $27,832 4.06% 3% 2.82%
$12,892 $19,617 $25,545 $29,950 4.29% 3.25% 3.23%
$13,897 $20,919 $26,877 $31,330 4.17% 3.08% 3.11%
Average Household Income 1990 Average Household Income 2000 Average Household Income 2008 Average HH Income 2013 Average HH Income 1990-2000 Annual Rate 2000-2008 Annual Rate 2008-2013 Annual Rate
$32,960 $48,889 $61,633 $70,585 4.02% 2.85% 2.75%
$33,874 $50,808 $65,918 $76,952 4.14% 3.21% 3.14%
$33,573 $50,760 $66,030 $77,256 4.22% 3.24% 3.19%
Households by Income Current median household income is $49,154 in the market area, compared to $53,154 for all U.S. households. Median household income is projected to be $55,338 in five years. In 2000, median household income was $37,860, compared to $26,125 in 1990. Current average household income is $66,030 in this market area, compared to $73,126 for all U.S. households. Average household income is projected to be $77,256 in five years. In 2000, average household income was $50,760, compared to $33,573 in 1990. Current per capita income is $26,877 in the market area, compared to the U.S. per capita income of $27,916. The per capita income is projected to be $31,330 in five years. In 2000, the per capita income was $20,919, compared to $13,897 in 1990.
Population by Employment
Total Businesses Total Employees
14,053 128,682
34,994 296,885
214,064 1,981,260
Currently, 93.4 percent of the civilian labor force in the identified market area is employed and 6.6 percent are unemployed. In comparison, 93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five years the rate of employment in the market area will be 94.1 percent of the civilian labor force, and unemployment will be 5.9 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 59.7 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.3 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: • 60.8 percent in white collar jobs (compared to 60.2 percent of U.S. employment) • 18.2 percent in service jobs (compared to 16.5 percent of U.S. employment) • 21.0 percent in blue collar jobs (compared to 23.3 percent of U.S. employment) In 2000, 79.6 percent of the market area population drove alone to work, and 2.9 percent worked at home. The average travel time to work in 2000 was 25.7 minutes in the market area, compared to the U.S. average of 25.5 minutes.
Population by Education
In 2008, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: • • • • •
15.7 percent had not earned a high school diploma (16.4 percent in the U.S.) 32.0 percent were high school graduates only (29.6 percent in the U.S.) 8.2 percent had completed an Associate degree (7.2 percent in the U.S.) 15.6 percent had a Bachelor’s degree (17.0 percent in the U.S.) 7.6 percent had earned a Master’s/Professional/Doctorate Degree (9.7 percent in the U.S.)
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography.
hauger bunch Krueger REALTOR ®
Lakeland, FL 33810
Central Florida I-4 Site Demographics-Standard Site Map Site Map Prepared by Hauger-Bunch, Inc. January 6, 2009
®
Latitude: 28.040284 Longitude: -82.047677