I-4 & US 27 - EXIT 55hauger-bunch.com/wp-content/uploads/Palscher-I-4-2019-Brochure_… · 2727...

LISA PARKS ABBERGER, SIOR, AICP863-682-6147 • [email protected]

Hauger-Bunch Realtors, Inc. | 415 South Kentucky Avenue • Lakeland, Florida 33801

Commercial Site

I-4 Frontage Road Access

At Major I-4 Interchange with: • Posner Park Retail Center • Ritchie Brothers Auctioneers • Major Logistics Operations

PROPERTY HIGHLIGHTS

+6.6 Acre Commercial LandOn I-4 Frontage Road

I-4 Frontage Road, South of Interchange at Exit 55

I -4 & US 27 - EXIT 55

Best BuyBest BuyRitchie Brothers Ritchie Brothers AuctioneersAuctioneers

Denny’sDenny’sHampton InnHampton Inn

Holiday Inn Holiday Inn ExpressExpressComfort InnComfort Inn

& Suites& Suites

EXIT EXIT 5555

JC PenneyJC Penney

DockersDockersBooks A MillionBooks A Million

Zen Asian GrillZen Asian GrillTargetTarget

StaplesStaples

(Retail Center)(Retail Center)

PetsMartPetsMartQuality Inn Quality Inn

& Suites& Suites

SouthernSouthernSelect VillasSelect Villas

Grand China Grand China BuffetBuffet

PerkinsPerkins

Way Out WestWay Out West

SubwaySubwayRossRoss

Michael’sMichael’sCiCi’s PizzaCiCi’s PizzaDick’s Sporting GoodsDick’s Sporting Goods

Posner Posner ParkPark

GNCGNC

Acc

ess

Roa

dA

cces

s R

oad

SITESITE

ORLANDO

ORLANDO

OrlandoOrlandoS.W. / Fort S.W. / Fort

SummitSummitKOAKOA

ThemeworldThemeworldRV ResortRV Resort

BobBobEvansEvans

Frontage R

d.

Frontage R

d.

Frontage Rd.Frontage Rd.

Frontage Rd.Frontage Rd.

Contempo Contempo Vacation HomesVacation Homes

Fed XFed XDistributionDistribution

CenterCenter

WalmartWalmartDistributionDistribution

CenterCenter

TAMPA

ORLANDO

SITE

LAKELAND

TAMPA

TAMPA

Information concerning this offering is from sources deemed reliable, but no warrantyis 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.


Identification: I-4 and US 27, Davenport, Florida

Tax ID: 27-26-18-000000-033040

Location: I-4 Frontage Road South of Interchange at Exit 55

Lot Size: 6.62 Acres

Access: 455 feet on I-4 Frontage Road

Taxes: $6,230.46 (2019)

Traffic Count: 102,500 on I-4 Daily (2019)

Utilities: Water & Sewer: Polk County Utilities Electric: Progress Energy

Zoning: Regional Activity Center (RAC) Polk County Within North Ridge Selected Area Plan

Comments: Site is visible from I-4 west bound, and accessible via I-4 Frontage Road. Property is within the County’s North US 27 Selected Area Plan (SAP). Site has 455 linear feet on I-4 Frontage Road at Exit 55. This Exit serves major retail, including Posner Park retail center, housing Dick’s Sporting

Goods, Target, JC Penney, Belk, Best Buy, PetsMart, Ross, Michael’s, and other outparcel retailers, as well as serving the large equipment auction house, Ritchie Brothers Auctioneers. Uses permitted within the SAP include Hotels, Banks, Auto Dealers, Restaurants, Medical Clinics, Churches, Schools, Colleges, and general commercial. Adjacent to RV Parks.

PRICES: $850,000

PROPERTY OVERVIEWPROPERTY OVERVIEW


I -4 & US 27 - EXIT 55


Interstate 4

Interstate 4

455.08

347.73

971.

32683.92

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.


CLOSE UP AERIALCLOSE UP AERIAL


I -4 & US 27 - EXIT 55


Interstate 4

Interstate 4

I-4 Frontage Road

I-4 Frontage Road

OrlandoOrlandoS.W. / Fort S.W. / Fort

SummitSummitKOAKOA


Interstate 4

Interstate 4

SITESITE

Ronald Reagan ParkwayRonald Reagan Parkway

Ernie Caldwell Blvd.

Ernie Caldwell Blvd.

PosnerPosnerParkPark

(Retail Center)(Retail Center)

Ritchie Brothers Ritchie Brothers AuctioneersAuctioneers

Champions Champions GateGate

hhgregghhgreggMattress GiantMattress Giant

Distribution CenterDistribution Center

Ford PartsFord PartsDistribution CenterDistribution Center

Amazon Distribution CenterAmazon Distribution Center

Best BuyBest BuyDistributionDistribution

CenterCenter

HuttigHuttigBuilding Building ProductsProducts

FedExFedExDistribution Distribution

CenterCenter

OrlandoOrlandoS.W. / FortS.W. / Fort

SummitSummitKOAKOA


EXITEXIT5555

ORLANDO

ORLANDO

FourFourCornersCorners

BusinessBusinessParkPark

WalmartWalmartDistribution Distribution

CenterCenter

TAMPA

TAMPA

WalmartWalmartDistribution Distribution

CenterCenter

DISTANCE AERIALDISTANCE AERIAL


I -4 & US 27 - EXIT 55







I -4 & US 27 - EXIT 55

EXECUTIVE SUMMARYEXECUTIVE SUMMARY


Executive Summary2727 Frontage Rd, Davenport, Florida, 33837 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 28.22653

Longitude: -81.65577

1 mile 3 miles 5 milesPopulation

2000 Population 377 5,261 12,1472010 Population 879 9,804 25,1482019 Population 1,012 12,482 35,5272024 Population 1,092 14,170 40,8372000-2010 Annual Rate 8.83% 6.42% 7.55%2010-2019 Annual Rate 1.53% 2.65% 3.81%2019-2024 Annual Rate 1.53% 2.57% 2.83%2019 Male Population 50.2% 49.6% 49.1%2019 Female Population 49.8% 50.4% 50.9%2019 Median Age 39.3 40.5 40.7

In the identified area, the current year population is 35,527. In 2010, the Census count in the area was 25,148. The rate of change since 2010 was 3.81% annually. The five-year projection for the population in the area is 40,837 representing a change of 2.83% annually from 2019 to 2024. Currently, the population is 49.1% male and 50.9% female.

Median Age

The median age in this area is 39.3, compared to U.S. median age of 38.5.Race and Ethnicity

2019 White Alone 70.5% 73.7% 74.2%2019 Black Alone 13.1% 9.6% 9.2%2019 American Indian/Alaska Native Alone 0.5% 0.5% 0.5%2019 Asian Alone 2.3% 2.3% 2.6%2019 Pacific Islander Alone 0.2% 0.1% 0.1%2019 Other Race 8.9% 9.7% 9.6%2019 Two or More Races 4.5% 4.1% 3.9%2019 Hispanic Origin (Any Race) 41.5% 38.8% 36.9%

Persons of Hispanic origin represent 36.9% of the population in the identified area compared to 18.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 70.1 in the identified area, compared to 64.8 for the U.S. as a whole.

Households2019 Wealth Index 48 64 752000 Households 140 2,126 4,9232010 Households 274 3,647 9,4172019 Total Households 305 4,630 13,1702024 Total Households 326 5,224 15,0592000-2010 Annual Rate 6.95% 5.54% 6.70%2010-2019 Annual Rate 1.17% 2.61% 3.69%2019-2024 Annual Rate 1.34% 2.44% 2.72%2019 Average Household Size 3.32 2.68 2.69

The household count in this area has changed from 9,417 in 2010 to 13,170 in the current year, a change of 3.69% annually. The five-year projection of households is 15,059, a change of 2.72% annually from the current year total. Average household size is currently 2.69, compared to 2.66 in the year 2010. The number of families in the current year is 9,639 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

January 21, 2020

©2020 Esri Page 1 of 2

Executive Summary2727 Frontage Rd, Davenport, Florida, 33837 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 28.22653

Longitude: -81.65577

1 mile 3 miles 5 milesMortgage Income

2019 Percent of Income for Mortgage 15.7% 14.8% 15.7%Median Household Income

2019 Median Household Income $50,934 $56,509 $56,9732024 Median Household Income $55,562 $61,166 $62,1372019-2024 Annual Rate 1.75% 1.60% 1.75%

Average Household Income

2019 Average Household Income $59,224 $67,378 $70,7232024 Average Household Income $65,733 $75,712 $79,1742019-2024 Annual Rate 2.11% 2.36% 2.28%

Per Capita Income2019 Per Capita Income $20,420 $24,467 $25,6712024 Per Capita Income $22,450 $27,259 $28,5652019-2024 Annual Rate 1.91% 2.18% 2.16%

Households by IncomeCurrent median household income is $56,973 in the area, compared to $60,548 for all U.S. households. Median household income is projected to be $62,137 in five years, compared to $69,180 for all U.S. households

Current average household income is $70,723 in this area, compared to $87,398 for all U.S. households. Average household income is projected to be $79,174 in five years, compared to $99,638 for all U.S. households

Current per capita income is $25,671 in the area, compared to the U.S. per capita income of $33,028. The per capita income is projected to be $28,565 in five years, compared to $36,530 for all U.S. households Housing

2019 Housing Affordability Index 154 161 1512000 Total Housing Units 234 3,200 8,097

2000 Owner Occupied Housing Units 121 1,906 4,3902000 Renter Occupied Housing Units 19 220 5332000 Vacant Housing Units 94 1,074 3,174

2010 Total Housing Units 455 5,976 17,6252010 Owner Occupied Housing Units 202 2,923 7,1012010 Renter Occupied Housing Units 72 724 2,3162010 Vacant Housing Units 181 2,329 8,208

2019 Total Housing Units 503 8,815 25,1632019 Owner Occupied Housing Units 210 3,454 9,7252019 Renter Occupied Housing Units 95 1,177 3,4452019 Vacant Housing Units 198 4,185 11,993

2024 Total Housing Units 536 9,476 27,4962024 Owner Occupied Housing Units 229 3,979 11,3212024 Renter Occupied Housing Units 97 1,245 3,7372024 Vacant Housing Units 210 4,252 12,437

Currently, 38.6% of the 25,163 housing units in the area are owner occupied; 13.7%, renter occupied; and 47.7% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.2% are vacant. In 2010, there were 17,625 housing units in the area - 40.3% owner occupied, 13.1% renter occupied, and 46.6% vacant. The annual rate of change in housing units since 2010 is 17.15%. Median home value in the area is $182,547, compared to a median home value of $234,154 for the U.S. In five years, median value is projected to change by 3.25% annually to $214,234.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024. Esri converted Census 2000 data into 2010 geography.

January 21, 2020





I -4 & US 27 - EXIT 55

EXECUTIVE SUMMARYEXECUTIVE SUMMARY


Site MapFort Summit Rd Prepared by EsriFort Summit Rd, Davenport, Florida, 33837 Latitude: 28.22781Rings: 10, 20, 30 mile radii Longitude: -81.65392

September 26, 2018



LISA PARKS ABBERGER, SIOR, AICP863-682-6147

[email protected]

30 Miles

10 Miles

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I -4 & US 27 - EXIT 55

SITE MAPSITE MAP


DavenportDavenport

LakelandLakeland

OrlandoOrlando

TampaTampa

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