US 27 AND RONALD REAGAN PARKWAY COMMERCIAL SITES

COMMERCIAL SITES FOR SALE

877.518.5263 | SRDcommercial.com | 114 N. Tennessee Ave. Lakeland, FL 33801

US 27

Ronald Reagan Pkwy18,600

cars/day

New Spec Warehouse

SUBJECT

Deen Still Rd.

41,500cars/day

Future Retail Site

Future Retail Site

3 E XECUTIVE SUMMARY

4 SITE PL AN AND LOT PRICING

5 MAPS

6 DEMOGRAPHICS

9 AERIALS AND ZONING

T A B L E O F C O N T E N T S

2

CONFIDENTIALITY & DISCLAIMER ©2020 SVN | Saunders Ralston Dantzler Real Estate, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records.

Gary M. Ralston CCIM, SIOR, SRS, CPM, CRE, CLS, CDP, CRX, FRICS

Managing Partner & Broker Gary@SRDcommercial.com | 863.877.2828

David Hungerford, CCIM Senior Advisor

DHungerford@SRDcommercial.com 863.272.7156

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Interstates

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US 27 AND RONALD REAGAN

COMMERCIAL SITES E X E C U T I V E S U M M A R Y

The subject commercial sites are located at the key intersection of US 27 and Deen Still Road (Ronald Reagan Parkway), near I-4 and the back entrance to Champions Gate. The US 27 corridor is undergoing significant growth in residential population, commercial business, and perhaps most significantly in warehouse and distribution.

These commercial sites will be delivered improved - see page 4 of this brochure for more information. Potential uses include commercial, retail, hotel, and service and industrial uses.

Site Address: 0 US Highway 27, Davenport, FL 33897

County: Polk

PIN (Property Identification Number): 262601999972000041

Parcel Sizes: 0.80 to 2.95 acres (see page 4)

Building Size: N/A

Year Built: N/A

Property Use: Vacant Commercial

Utilities: Water & Sewer - Polk County

Future Land Use: RACX - Polk County

Taxes: $62.20 (2018)

Traffic Count: 41,500 cars/day on US 27

Lot Pricing: $425,000 to $2,212,500 (see page 4)

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L O T S A N D P R I C I N G

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The master developer will provide the primary storm sewer and sanitary sewer master infrastructure to support the development of the prospective outparcel lots, internal cross access roads to provide access throughout, and mass graded future development lots. Access to the interior lots for southbound US Highway 27 traffic is provided by a right-in, right-out driveway with a deceleration turn lane and an additional one-way, right-in only access near the intersection with Dean Still Road. The project ’s Deen Still Road access is provided by a full-access driveway (including eastbound left turn lane) mid-block along with an additional one-way, right-in only access for westbound traffic near the intersection with US Highway 27. Cross-access to the adjacent property is also provided to the west.

Stormwater collection will be stubbed to each lot and is routed to the off-site stormwater management facility located immediately West of the subject property. Gravity sanitary sewer connections will be stubbed to each lot and connected to an existing gravity sewer system which drains to the Southeast corner of the overall development. Potable water and reclaim water will be available at the development property line for each lot to connect.

Lot # 1A 1B 2 3 4 5 6 7 8 9 10 11

Acres 2.45 2.95 1.81 1.46 1.46 1.35 1.25 1.08 1.07 0.82 0.80 0.85Price $1,225,000 $2,212,500 $1,810,000 $1,095,000 $1,095,000 $1,012,500 $875,000 $702,000 $642,000 $451,000 $400,000 $425,000

Price/Acre $500,000 $750,000 $1,000,000 $750,000 $750,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $500,000

R E G I O N A L L O C AT I O N M A PLocated in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the center of the I-4 Corridor.

TAMPA

(60 MILES)

5

SUBJECT

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L AKEL AND

(30 MILES)

ORL ANDO

(30 MILES)

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1, 2, 3 mile radius

5, 10 minute drive time

D E M O G R A P H I C S M A P

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B E N C H M A R K D E M O G R A P H I C S

The immediate area is growing at more than 4% annually which is more than 5x faster than The United States, and 3x

faster than The State of Florida. Since the 2010 Census, Polk County is estimated to have grown at 2.27% annually

compared to The State of Florida at 1.58% and The Unites States at 0.70%.

The Median Household Income within the immediate area is 20% higher than Polk County, and 10% higher than The

State of Florida. Population is higher than the census suggests, with many vacation homes and rentals in close

proximity.

1 Mile 2 Miles 3 Miles 5 Mins 10 Mins Polk FL US

Population 2,741 7,360 15,555 7,895 27,139 683,954 21,239,528 332,417,793 Households 995 2,742 5,706 2,857 9,923 255,025 8,299,404 125,168,557 Families 733 2,020 4,217 2,127 7,170 177,233 5,366,533 82,295,074 Average Household Size 2.75 2.66 2.71 2.76 2.73 2.63 2.51 2.59 Owner Occupied Housing Units

721 1,922 4,137 2,093 6,950 174,808 5,375,035 79,459,278

Renter Occupied Housing Units

274 820 1,570 765 2,973 80,217 2,924,369 45,709,279

Median Age 38.3 37.8 39.3 38.2 40.0 41.6 42.5 38.5

Housing Unit/Household Ratio 1.44 1.79 1.83 1.89 1.80 1.27 1.24 Adjusted Population 3,947 13,174 28,466 14,922 48,850 868,622 26,337,015

IncomeMedian Household Income 60,291 59,822 60,308 60,930 57,315 50,006 54,238 60,548 Average Household Income 73,139 71,924 71,019 72,755 70,189 67,890 78,335 87,398 Per Capita Income 26,213 25,495 25,412 25,742 25,403 25,412 30,703 33,028

Trends: 2018 - 2023 Annual Growth RatePopulation 4.16% 3.65% 2.75% 3.62% 2.74% 1.46% 1.37% 0.77%Households 4.01% 3.54% 2.65% 3.51% 2.60% 1.37% 1.31% 0.75%Families 3.93% 3.44% 2.55% 3.40% 2.52% 1.31% 1.26% 0.68%

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B E N C H M A R K D E M O G R A P H I C S

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1 Mile 2 Miles 3 Miles 5 Mins 10 Mins Polk FL US

Households by Income<$15,000 5.90% 6.70% 7.50% 6.40% 7.10% 12.10% 11.10% 10.70%

$15,000 - $24,999 9.10% 8.70% 7.80% 8.90% 7.50% 10.60% 10.10% 9.00%

$25,000 - $34,999 9.30% 9.20% 8.70% 9.00% 9.40% 10.70% 10.10% 8.90%

$35,000 - $49,999 14.30% 14.50% 14.20% 14.10% 16.60% 16.50% 14.40% 12.40%

$50,000 - $74,999 21.70% 21.90% 22.80% 21.40% 23.60% 19.00% 18.50% 17.50%

$75,000 - $99,999 16.80% 17.00% 18.60% 17.50% 17.60% 12.70% 12.30% 12.60%

$100,000 - $149,999 15.30% 15.60% 15.10% 15.80% 12.60% 11.20% 12.80% 15.10%

$150,000 - $199,999 5.60% 4.90% 3.90% 5.30% 3.40% 3.50% 5.00% 6.50%

$200,000+ 1.70% 1.60% 1.50% 1.50% 2.10% 3.60% 5.70% 7.30%

Population by Age0 - 4 6.20% 6.20% 5.90% 6.20% 5.90% 5.90% 5.20% 6.00%

5 - 9 6.40% 6.30% 6.10% 6.40% 6.20% 6.00% 5.40% 6.10%

10 - 14 6.30% 6.20% 6.10% 6.30% 6.10% 6.00% 5.60% 6.30%

15 - 19 5.20% 5.40% 5.40% 5.40% 5.30% 5.90% 5.60% 6.30%

20 - 24 5.50% 5.80% 5.60% 5.50% 5.30% 5.70% 6.10% 6.70%

25 - 34 15.30% 15.90% 14.80% 15.30% 14.00% 12.90% 13.30% 14.00%

35 - 44 14.90% 14.70% 14.10% 14.70% 14.20% 11.40% 11.70% 12.60%

45 - 54 13.40% 13.70% 14.20% 13.80% 13.70% 11.70% 12.50% 12.50%

55 - 64 12.20% 12.00% 12.10% 12.00% 12.00% 13.10% 13.70% 13.10%

65 - 74 9.70% 9.20% 9.70% 9.40% 10.20% 12.20% 11.70% 9.70%

75 - 84 4.00% 3.90% 5.00% 4.00% 5.70% 6.80% 6.50% 4.70%

85+ 0.90% 0.90% 1.20% 0.90% 1.40% 2.50% 2.80% 2.00%

Race and EthnicityWhite Alone 73.10% 72.30% 73.00% 72.90% 74.00% 71.50% 72.70% 69.60%

Black Alone 8.40% 9.00% 9.20% 8.70% 8.90% 15.60% 16.50% 12.90%

American Indian Alone 0.30% 0.30% 0.40% 0.30% 0.60% 0.50% 0.40% 1.00%

Asian Alone 2.80% 3.00% 3.00% 3.00% 2.50% 1.80% 2.90% 5.80%

Pacific Islander Alone 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.20%

Some Other Race Alone 11.00% 11.20% 10.50% 10.90% 9.80% 7.40% 4.50% 7.00%

Two or More Races 4.30% 4.10% 3.90% 4.10% 4.00% 3.10% 3.10% 3.50%

Hispanic Origin (Any Race) 38.40% 38.70% 37.30% 38.10% 37.60% 24.00% 26.60% 18.60%

10 Miles

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SUBJECT

The market area includes Disney to the north. This area is seeing a surge in new housing projects from Lennar, DR Horton, and others.

M A R K E T A R E A M A P

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41,500cars/day

131,000cars/day

127,500cars/day

52 ,500cars/day

8,600cars/day

4 3,500cars/day

70,500cars/day

26,500cars/day

31,000cars/day

13,900cars/day

23,000cars/day

10,100cars/day

28,200cars/day

T R A D E A R E A M A P

10

2 Miles

4 Miles

The trade area is booming to the south and to the east at Champions Gate and Reunion. Major economic generators nearby include the Orlando Health National Training Center, and the 200 acre Richie Brothers Auction at the I-4 interchange.

SUBJECT

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DistributionCenter

DistributionCenter

18,600cars/day

41,500cars/day

131,000cars/day

105,000cars/day

32 ,500cars/day

N E I G H B O R H O O D A E R I A L

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The property is located at an important intersection, which is the back entrance to Champions Gate and Reunion.

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US

27

Ronald Reagan Pkwy

41,500cars/day

32 ,500cars/day

18,600cars/day

New Spec Warehouse

SUBJECT

Deen Still Rd.Future

Retail Site

Future Retail Site

Regional Activity Center-X (RACX)

T he property is located in the Ronald Reagan Selected Area

Plan. The RACX Future Land Use has permitted uses of gas, office, medical office, financial institution, hotels, and retail among other uses. Conditional uses include multi-family, drive-thru restaurants, and bars.

F U T U R E L A N D U S E

RACX

BPC-1X

RMX

RL-1X

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SUBJECT

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SVN | Saunders Ralston Dantzler Real Estate

877.518.5263114 N. Tennesee Ave. Lakeland, FL 33801

877.518.5263 | SRDcommercial.com | 114 N. Tennessee Ave. Lakeland, FL 33801