POTENTIAL COMMERCIAL DEVELOPMENT SITE - This is a unique opportunity to own 4+/- acres with 600' highway frontage on US Hwy. 17/92, located directly across from a Publix-anchored retail center. The land is designated by Polk County with a Community Activity Center (CACX) Future Land Use which is ideal for retail commercial, mixed-use, or high density residential. Buyer is responsible to conduct due diligence inspections, including zoning and land use regulations, market analysis, and feasibility studies, to determine the full potential and viability of this investment opportunity. The property currently contains multiple residential buildings and is caretaker/tenant occupied.
The median home value in Loughman, FL is $242,700. This is lower than the county median home value of $312,500. The national median home value is $338,100. The average price of homes sold in Loughman, FL is $242,700. Approximately 31.99% of Loughman homes are owned, compared to 51.96% rented, while 16.05% are vacant. Loughman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Loughman real estate agent to arrange a tour today!
Loughman, Florida has a population of 6,683. Loughman is less family-centric than the surrounding county with 8.88% of the households containing married families with children. The county average for households married with children is 26.62%.
The median household income in Loughman, Florida is $51,335. The median household income for the surrounding county is $55,099 compared to the national median of $69,021. The median age of people living in Loughman is 29.7 years.
The average high temperature in July is 92.3 degrees, with an average low temperature in January of 47.2 degrees. The average rainfall is approximately 51.7 inches per year, with 0 inches of snow per year.