Map pinUS HWY-17 & Snively Ave, Winter Haven, FL, 33880, US

US HWY 17 & Snively Ave. Winter Haven

US HWY 17 & Snively Ave. Winter Haven_Property for Sale

Attributes

Land area gross
0.54 acres

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the 0.54 AC development opportunity. The property is situated along US HWY 17 (33,000 VPD) & Snively Ave (12,800 VPD) at the hard corner of a signalized intersection adjacent to Southeast Plaza (Publix, TJ Maxx, Bealls & Anytime Fitness) with immediate access to State Road 540 (28,000 VPD). The Property is also adjacent to Colonial Promenade (Walmart, Panda Express, KFC & Olive Garden) Ideally positioned to benefit from cross-shopping, these centers draw combined traffic of 5.7 million annual visitors surrounding the Property. Within a 5-mile radius of the Parcel, the population is comprised of 102,536 residents earning an average household income of $80,243. This excellent development opportunity allows for a wide range of uses but the highest and best use for development will most likely be a single-story retail due to the size of the parcel. A single tenant net lease development, with a potential drive-thru or a small multi-tenant retail strip are also viable possibilities.

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Investment Highlights

  • Winter Haven's strategic connectivity makes it an attractive investment location, located 46 miles from Orlando and 49 miles from Tampa.
  • The Lakeland-Winter Haven MSA was the second fastest-growing metro area from 2022 to 2023.
  • Projected 29% population growth over the next 30 years, boosting retail demand.
  • Located near popular retailers like Publix, T-J Maxx, Chick-fil-A, and McDonald's on adjacent Cypress Garden Blvd.
  • Part of a developing hospitality zone around Legoland Florida.
  • Ongoing developments include 761 multifamily units and over 300 single-family homes within 3 miles to be delivered next year.
  • Desirable parcel on a hard corner with frontage on US-17 and Snively Ave.
  • Suitable for various developments, including single tenant retail, gas station, car wash, QSR, or multifamily with conditional approval.


US HWY 17 & Snively Ave. Winter Haven 4_Property for Sale
US HWY 17 & Snively Ave. Winter Haven 4_Property for Sale
US HWY 17 & Snively Ave. Winter Haven (0 Properties)

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Last updated
19 Sep 2024