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Lakeland Highlands, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lakeland Highlands, Florida Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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⭐ Featured

Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF

πŸ“Š Avg Property Tax Rate For Lakeland Highlands FL Properties: 1.1600%

πŸ“Š Average Income For Lakeland Highlands FL Commercial Property: $82,827

Investor Questions For Lakeland Highlands FL

Common questions from investors exploring commercial real estate in Lakeland Highlands FL.

What makes Lakeland Highlands, FL an attractive market for real estate investment? +
The combination of a relatively low poverty rate of 3.5%, high health insurance coverage of 94.9%, and a strong median household income of $82,827 suggests a stable and attractive market for real estate investment. Additionally, the top industries in the area, including Professional, Scientific, & Management, and Construction, indicate a diverse and growing economy. The median property value of $194,900 and median property taxes of $3,565 also make it an appealing option for investors.
How does the demographic makeup of Lakeland Highlands, FL impact the rental market? +
The demographic makeup of Lakeland Highlands, FL, with a median age of 44.9 and a diverse population including White, White Non-Hispanic, and Hispanic residents, suggests a stable and family-oriented community. The foreign born rate of 6.2% and the language spoken at home, primarily English, also indicate a relatively homogeneous community. This, combined with the low poverty rate and high health insurance coverage, suggests a reliable and stable rental market with a low risk of vacancies and non-payment.
What are the key factors that contribute to the quality of life in Lakeland Highlands, FL, and how do they impact real estate investment? +
The average commute time of 21.1 minutes, with the majority of residents driving alone or working from home, indicates a convenient and accessible location. The high health insurance coverage rate of 94.9% and the low poverty rate of 3.5% also suggest a high quality of life. These factors, combined with the strong median household income and diverse economy, make Lakeland Highlands, FL an attractive location for real estate investment, with a high potential for long-term appreciation and rental income.
How does the economic profile of Lakeland Highlands, FL impact the demand for housing and real estate investment? +
The economic profile of Lakeland Highlands, FL, with a strong median household income of $82,827, a low unemployment rate of 2.5%, and a diverse range of top industries, suggests a high demand for housing. The GINI coefficient of 0.43, indicating a relatively low level of income inequality, also suggests a stable and equitable economy. This, combined with the limited poverty rate and high health insurance coverage, indicates a strong and growing demand for housing, making it an attractive location for real estate investment.
What are the implications of the homeownership rate and median property value on the real estate investment market in Lakeland Highlands, FL? +
The high homeownership rate of 86.8% and the median property value of $194,900 suggest a stable and established community with a strong sense of ownership and investment. The relatively low median property taxes of $3,565 also make it an attractive option for investors. This, combined with the strong median household income, low poverty rate, and high health insurance coverage, indicates a high potential for long-term appreciation and rental income, making Lakeland Highlands, FL a desirable location for real estate investment.

Lakeland Highlands FL Real Estate & City Facts

Key facts and real estate information about Lakeland Highlands FL.

What are some of the best neighborhoods to live in Lakeland Highlands? +
Some of the best neighborhoods to live in Lakeland Highlands include Lake Hollingsworth, Lakeland Highlands, and South Lakeland. These neighborhoods offer a mix of historic and modern homes, low crime rates, and well-lit streets. Additionally, they are close to various amenities such as parks, schools, and shopping centers.
What are some fun things to do in Lakeland Highlands? +
There are plenty of fun things to do in Lakeland Highlands, including visiting the Circle B Bar Reserve, Hollis Garden, and Frank Lloyd Wright at Florida Southern College. You can also attend a sporting event or concert at the Lakeland Downtown Farmers Curb Market, or explore the various outdoor adventures and waterways in the area. For families, there are plenty of options such as the Safari Wilderness and the Florida Air Museum.
What is the food scene like in Lakeland Highlands? +
The food scene in Lakeland Highlands is diverse and exciting, with a range of options to suit every taste and budget. Some popular restaurants include Palace Pizza, Divicious Deli & Coffee Shop, and Britt's Cafe. You can also find a variety of international cuisines, such as Cuban, Italian, and Japanese. There are also plenty of great food trucks and local eateries to try, such as Il Forno and Uncle Nicks Italian Bagels.
What are the pros and cons of living in Lakeland Highlands? +
The pros of living in Lakeland Highlands include its beautiful neighborhoods, low crime rates, and plenty of amenities such as parks, schools, and shopping centers. However, some cons include the potential for traffic and congestion, especially during rush hour, and the need for a car to get around. Additionally, some areas of Lakeland Highlands may be prone to flooding or have limited public transportation options.
Is Lakeland Highlands a good place to live? +
Overall, Lakeland Highlands is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its beautiful neighborhoods, low crime rates, and plenty of things to do, it's an ideal location for families, young professionals, and retirees alike. However, as with any place, there are some potential drawbacks to consider, such as traffic and limited public transportation. Ultimately, whether Lakeland Highlands is a good place to live depends on your individual preferences and priorities.
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