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113 WEST BROADWAY - FORT MEADE, FL PROPERTY FOR SALE 877.518.5263 | SRDcommercial.com | 114 N. Tennessee Ave. Lakeland, FL 33801

113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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Page 1: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

113 WEST BROADWAY - FORT MEADE , FLPROPERTY FOR SALE

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

Page 2: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

3 E XECUTIVE SUMMARY

4 MAPS

6 DEMOGRAPHICS

9 AERIAL VIEWS

13 PHOTOS

CONFIDENTIALITY & DISCLAIMER ©2019 Saunders Ralston Dantzler Realty, LLC, 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.

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

2

Daniel Lanier Sales Associate

[email protected] 863.248.6649

Page 3: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

113 WEST BROADWAY

FORT MEADE , FL E X E C U T I V E S U M M A R Y

The subject property is located within a retail plaza on West Broadway in Historic Downtown Fort Meade. Consisting of 0.07 +/- acres and 1,273 +/- Total SF, this property was built in 1920 and zoned Historic Downtown District by the City of Fort Meade. The property is located just across the street from the Fort Meade Chamber of Commerce, and just west of a newly constructed Burger King.

Site Address: 113 W Broadway, Fort Meade, FL 33841

County: Polk

PIN (Property Identification Number): 25-31-27-472500-000052

Land Size: 0.07 +/- Acres

Building Size: 1,273 +/- SF

Year Built: 1920

Property Use: Store (One Story)

Utilities: City of Fort Meade

Zoning: Historic Downtown District (City of Fort Meade)

Taxes: $656.32 (2018)

Traffic Count: 2,800 cars/day on W Broadway

Asking Price: $50,000

3

Page 4: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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.

ORL ANDO

TAMPA

L AKEL AND

4

SUBJECT

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S

EW

Page 5: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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

5

UPDATE THEN DELE TE

PL ACE MAP INTO FR AME

5

Located in Fort Meade, FL at the corner of US 17 and US 98.

L AKEL AND

SUBJECT

L O C AT I O N M A P

N

S

EW

Page 6: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

6

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

N

S

EW

Page 7: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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

7

The Median Household Income levels are consistent with Polk County metrics.

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

Population 4,263 6,200 6,716 5,731 7,757 667,696 20,875,686 330,088,686Households 1,409 2,216 2,361 1,982 2,615 249,123 8,152,541 124,110,001Families 1,056 1,618 1,723 1,457 1,924 173,193 5,273,287 81,631,156Average Household Size 3.02 2.79 2.84 2.89 2.95 2.63 2.51 2.59 Owner Occupied Housing Units

941 1,538 1,643 1,364 1,790 169,591 5,193,134 78,262,285

Renter Occupied Housing Units

468 678 718 618 825 79,532 2,959,407 45,847,716

Median Age 36.2 38.3 38.3 37.7 36.8 41.4 42.3 38.3

IncomeMedian Household Income $47,518 $45,757 $45,552 $45,886 $43,912 $47,429 $52,098 $58,100Average Household Income $60,129 $57,935 $57,759 $58,201 $56,621 $64,107 $75,281 $83,694Per Capita Income $20,414 $20,672 $20,617 $20,516 $19,510 $24,475 $29,913 $31,950

Trends: 2018 - 2023 Annual Growth RatePopulation 0.63% 0.69% 0.70% 0.68% 0.68% 1.55% 1.41% 0.83%Households 0.58% 0.63% 0.64% 0.63% 0.63% 1.48% 1.36% 0.79%Families 0.49% 0.54% 0.55% 0.53% 0.52% 1.42% 1.30% 0.71%Owner HHs 1.24% 1.26% 1.27% 1.26% 1.22% 2.07% 1.91% 1.16%Median Household Income 3.35% 3.16% 3.12% 3.18% 3.13% 2.65% 2.52% 2.50%

Page 8: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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

8

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

Households by Income<$15,000 9.50% 10.00% 9.80% 9.80% 10.40% 12.10% 11.70% 11.20%

$15,000 - $24,999 14.60% 14.40% 14.30% 14.40% 14.40% 11.70% 10.60% 9.40%

$25,000 - $34,999 14.30% 13.40% 13.50% 13.70% 13.90% 11.80% 10.70% 9.30%

$35,000 - $49,999 13.30% 15.70% 16.20% 15.30% 16.70% 16.60% 14.70% 12.80%

$50,000 - $74,999 18.30% 19.40% 19.50% 19.30% 19.30% 19.90% 18.70% 17.60%

$75,000 - $99,999 14.10% 13.30% 13.00% 13.30% 12.10% 12.30% 11.90% 12.50%

$100,000 - $149,999 13.20% 11.70% 11.50% 11.90% 10.80% 9.90% 12.10% 14.40%

$150,000 - $199,999 1.70% 1.20% 1.30% 1.30% 1.50% 2.90% 4.50% 6.00%

$200,000+ 1.10% 0.90% 0.90% 0.90% 0.90% 2.90% 5.10% 6.70%

Population by Age0 - 4 7.20% 7.10% 7.10% 7.20% 7.40% 6.00% 5.30% 6.00%

5 - 9 7.30% 7.00% 7.00% 7.00% 7.30% 6.00% 5.40% 6.20%

10 - 14 6.90% 6.60% 6.60% 6.70% 6.80% 6.00% 5.60% 6.30%

15 - 19 6.30% 6.00% 6.00% 6.10% 6.30% 5.90% 5.70% 6.40%

20 - 24 6.30% 6.00% 6.00% 6.10% 6.30% 5.90% 6.30% 6.90%

25 - 34 14.60% 13.50% 13.60% 13.80% 13.80% 12.70% 13.20% 13.90%

35 - 44 11.30% 10.80% 10.80% 10.90% 10.90% 11.40% 11.70% 12.50%

45 - 54 12.30% 11.50% 11.40% 11.60% 11.20% 11.80% 12.70% 12.80%

55 - 64 11.80% 11.80% 11.90% 11.80% 11.40% 13.10% 13.60% 13.00%

65 - 74 9.20% 11.20% 11.30% 10.70% 10.70% 12.10% 11.50% 9.40%

75 - 84 5.00% 6.40% 6.40% 6.00% 6.00% 6.60% 6.30% 4.60%

85+ 1.80% 2.00% 2.00% 2.00% 1.90% 2.40% 2.70% 2.00%

Race and EthnicityWhite Alone 63.90% 67.90% 68.80% 67.10% 68.80% 72.30% 73.00% 69.90%

Black Alone 19.50% 16.20% 15.40% 16.90% 14.20% 15.30% 16.40% 12.90%

American Indian Alone 0.70% 0.70% 0.70% 0.70% 0.80% 0.50% 0.40% 1.00%

Asian Alone 0.40% 0.30% 0.30% 0.30% 0.40% 1.90% 2.80% 5.70%

Pacific Islander Alone 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.10% 0.20%

Some Other Race Alone 12.90% 12.50% 12.40% 12.50% 13.40% 7.00% 4.30% 6.90%

Two or More Races 2.60% 2.40% 2.40% 2.40% 2.40% 3.00% 3.00% 3.40%

Hispanic Origin (Any Race) 34.00% 32.70% 33.20% 33.40% 37.30% 22.60% 25.90% 18.30%

Page 9: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

2 Miles

2.5 Miles

9

SUBJECT

The market area encompasses the majority of Fort Meade.

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

N

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EW

18,000cars/day

6,700cars/day2 ,800

cars/day

12 ,600cars/day

Lewis Elementary

Fort MeadeHigh School

Page 10: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

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

10

The surrounding area consists mostly of retail uses and single family residences.

SUBJECT

N

S

EW

Broadway St

Cha

rles

ton

Ave

Sem

inol

e Av

e

Fren

ch A

ve

1st St

2 ,800cars/day

12 ,600cars/day

Historical Society of

Fort Meade

Fort MeadeCity Hall

You Be SweetBakery

Page 11: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

11

There is street parking directly in front of the space and owner/tenant parking behind the building.

SUBJECT

S I T E A E R I A LS I T E A E R I A L

N

S

EW

West Broadway St

Fren

ch A

ve

Sem

inol

e Av

e

Page 12: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

B U I L D I N G I N F O R M AT I O N

12

Description Total:

Total Under Roof 1,273 +/-

Living Area 1,140 +/- SF

Actual year Built 1920

Effective Year 1970

Wall Structure Concrete

Wall Height 14’

Page 13: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

Aerial view of the storefront

13

Page 14: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

14

Page 15: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

Historic Downtown District (HIS)

V acant lots are to be developed with compatible architectural

design to the historic structures, and at the same setbacks as adjacent structures. Parking is to be encouraged along the street or in the rear. To provide setback, parking and landscaping regulations for those blocks on West Broadway that contain the historic commercial buildings of the City.

Z O N I N G

HIS R-2

PB R-1B

PR CON

C-2 MHP

15

SUBJECT

N

S

EW

Page 16: 113 WEST BROADWAY - FORT MEADE, FL · 2019. 11. 4. · Asking Price: $50,000 3. REGIONAL LOCATION MAP Located in the Lakeland - Winter Haven MSA, between Tampa and Orlando, in the

S R D c o m m e r c i a l . c o m

Saunders Ralston Dantzler Realty877.518.5263

114 N. Tennesee Ave.Lakeland, FL 33801