561-281-6656
300 W Lime St, Lakeland, FL for Sale
Office - FOR SALE
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300 W Lime St
Lakeland, FL 33815
City of Lakeland


HIGHLIGHTS

  • Strong Tenant Credit: Gannet Company, Inc., a trusted and established tenant, anchors the property with secure income.
  • Development-Ready Potential: Immediate value-add development options, with PUD zoning that supports up to 2,975 units for future scalability.
  • Covered Land Play: Investors benefit from stable cash flow through the current lease while planning a transformative redevelopment.
  • Growing Multifamily Market: Lakeland’s rising population and increasing demand for housing create a strong environment for multifamily success.

OVERVIEW

The Property is a premier 17.11-acre site located in the heart of Lakeland, FL. It features a 181,720 SF industrial building net leased to Gannett Company, Inc. (GCI), a tenant with strong creditworthiness and a long-standing reputation in the region. Recently secured entitlements allow up to 174 units per acre - up to 2,975 total units. This is a rare combination of immediate, stable cash flow and significant redevelopment upside. Situated in Downtown Lakeland, the Property is strategically located near major attractions, including the RP Funding Center, retail hubs, and cultural landmarks. Its proximity to Interstate 4 makes it a critical midpoint between Tampa and Orlando, enhancing its appeal for both residents and businesses. Lakeland is experiencing rapid population growth and a surge in multifamily demand, driven by its affordability and central location within Florida. The US Census Bureau shows the Lakeland MSA as the #2 fastest growing metropolitan area in the country. Polk County ranked #1 in Florida for net in-migration, and fourth in the nation. The conceptual designs and zoning flexibility provide a unique opportunity to capitalize on this growing market, positioning the Property as a flagship mixed-use or residential development site. For additional information or to obtain an Offering Memorandum, please visit: www.gatewaylakeland.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

17.11 AC

LAND SF

745,312 SF

ZONING

PUD

APN/PARCEL ID

24-28-23-000000-011010

ASK ABOUT THIS PROPERTY

Bastian SchauerColliersMore Info
561-281-6656

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Bastian SchauerColliersMore Info
561-281-6656

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