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Improved Property

US 98 Highland City Commercial Opportunity

5503 US Highway 98 S., Lakeland, Florida 33812

$699,000 Price/SF $252.35
$252.35 / SF
Updated Oct 1, 2026
Categories Office Miscellaneous

About this property

The subject property is located along US Highway 98 in Highland City, FL. It is a freestanding office building situated on a 0.36 acre lot. Access to the property is available from both US 98 S and Laurel Avenue SE. There are a total of three (3) grade level doors - two face US Highway 98 and measure 10' x 12', and one faces Laurel Ave and measures 14' x 12'. Additionally, the space features approximately 480 ± SF of mezzanine storage, which can be accessed via a steel staircase.

This space is ideal for any user looking for office space or some retail uses.

Location Description
The property is located along US Highway 98, a major north–south thoroughfare in the area. It sits just 3 miles south of the Polk Parkway and less than 5 miles north of State Road 60. State Road 60 runs east–west, connecting Tampa Bay to Vero Beach. The Polk Parkway also provides direct access to Interstate 4.

The surrounding area features a mix of professional office spaces, major retailers, residential neighborhoods, and apartment complexes. One active development in the area is the construction of an IHOP restaurant just north of the Clubhouse Road and US Highway 98 intersection. Another major project underway is the new Orlando Health Hospital, which is currently under construction along the Polk Parkway and expected to open in 2026. These and other developments reflect the continued growth and investment in the surrounding area.

Highlights

  • Three (3) grade-level doors – two measuring 10' x 12' and one measuring 14' x 12'
  • 480 ± SF of mezzanine storage
  • Frontage along US Hwy 98
  • Located less than 3 miles south of the Polk Parkway
  • Proximity to major retailers such as Publix, McDonald’s, Culver’s, Circle K, and O’Reilly Auto Parts

For more information please visit:

https://commercial.saundersrealestate.com/commercial-property-for-sale/5503-us-highway-98-s-lakeland-sale/

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
2,770 sqft
Land Size
0.36 acres
Zoning
Office Center (OC)
Year Built
1948
Traffic Count
57,500 Cars/Day

Documents 1 file

US-98-Highland-City-Commercial-Opportunity-Updated-Flyer-(August-2026).pdf 4.7 MB

Last updated: Oct 1, 2026

Location

Address
5503 US Highway 98 S.
Lakeland, Florida 33812
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.