Commercial Lease · Retail
5508 US HIGHWAY 98 N, LAKELAND, FL, 33809
Active132 days on marketListed Mar 27, 2026MLS #S5146670
About this property
The property at a glance
1,200 SF Office/Retail Space on High-Traffic US 98 North – Lakeland, FL Position your business for success in this 1,200 SF corner unit offering excellent visibility and functionality along bustling US 98 North. Located within a two-building property, this space benefits from prime frontage and strong daily traffic counts, delivering outstanding exposure for both office and retail users. The unit features a functional layout with a private conference area, rear restroom, and both front and rear entrances for convenient access. Its corner positioning enhances accessibility and visibility, making it ideal for businesses looking to maximize presence. Additional highlights include a comprehensive surveillance system for added security, ample on-site parking, and rear access for ease of entry for both staff and customers. Ideal for a variety of office or retail uses seeking a highly visible and accessible location in Lakeland. Contact us today for more information or to schedule a private tour.
1,880
Building sq ft
$18
Price / sq ft
0.16
Lot acres
1978
Year built
2
Buildings
C-2
Zoning
Retail
Property type
The numbers
Investment snapshot
NNN
Lease structure
3 to 5 Years
Lease term
Estimated payment (illustrative)
Estimated payment
$653/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,638
Population
$68,792
Median income
39
Median age
3
Avg household
$269,302
Median home value
$1,174/mo
Median rent
651
Households w/ kids
Consumer profile
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Whether throwing punches at the boxing club or punching the clock at work, this population likes to talk about their hard work.
Recent sales
What actually sold near 5508 US HIGHWAY 98 N
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,200,000
5441 N SOCRUM LOOP ROAD
6,480 sqft · $340/sqft · Sold Jan 21, 2025
$450,000
5508 US HIGHWAY 98 N
1,880 sqft · $239/sqft · Sold Jan 7, 2025
$34,608
2404 LAKELAND HILLS BOULEVARD
1,890 sqft · $18/sqft · Sold Aug 1, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5508 US HIGHWAY 98 N — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5508 US HIGHWAY 98 N.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of CALL IT CLOSED INTL REALTY · Ron Fallows, III. MLS #S5146670.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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