Mixed Use at 4040 WARING RD, LAKELAND
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$2,200,000

4040 WARING RD
LAKELAND, FL 33811
Listed by Brett Vogeler
Bedrooms
N/A
Bathrooms
N/A
Living area
3,079 sqft
Year built
1978

About this home

PREMIER AIRPORT-ADJACENT DEVELOPMENT OPPORTUNITY: 6.22 ACRES IN LAKELAND'S FASTEST-GROWING INDUSTRIAL CORRIDOR Strategic Location | Exceptional Visibility | Unparalleled Growth Potential PROPERTY OVERVIEW Presenting a rare assemblage of three contiguous parcels totaling 6.22 acres on Waring Road in Lakeland, Florida—positioned in the heart of the nation's fastest-growing metropolitan area and mere minutes from Lakeland Linder International Airport, the region's economic powerhouse generating $1.5 billion in annual economic impact. This exceptional opportunity combines prime industrial zoning, existing income-producing infrastructure, and extraordinary development potential in one of Central Florida's most dynamic commercial corridors. Property Components: 4002 Waring Road: 2.31 acres with 1,898 sf residence (1968) 4040 Waring Road: 2.31 acres featuring professionally remodeled 3,079 ssf office building (1978, remodeled 2004) with current lease generating immediate income 4102 Waring Road: 1.60 acres with 2,160 sf residence (1975) Total Assemblage: 6.22 acres | Zoning: Commercial/Industrial (BPC-1) | Combined Assessed Value: $940,184 THE LAKELAND ADVANTAGE: EXPLOSIVE GROWTH IN AMERICA'S #1 BOOM TOWN Population & Economic Surge Lakeland-Winter Haven isn't just growing—it's exploding. The U.S. Census Bureau crowned this metro area as America's fastest-growing from 2020-2023 with an unprecedented 12.1% growth rate, outpacing every major metropolitan area in the nation. With over 5 million people living within 50 miles and a projected 9.5% continued growth rate, the economic fundamentals driving property values here are extraordinary. THE I-4 CORRIDOR: FLORIDA'S PREMIER LOGISTICS SUPERHIGHWAY Your property's location along the I-4 Industrial Corridor connecting Tampa Bay to Orlando provides unmatched strategic advantage for logistics, distribution, manufacturing, and corporate operations. Market-Leading Industrial Performance (2025): Vacancy Rate: 6.7% (vs. 10% national average) Year-to-Date Absorption: 3+ million square feet Average Asking Rent: $8.19/sqft (up 9.3% year-over-year) Under Construction: 814,037 square feet of new industrial space Land Values: Averaging $151,397 per acre for commercial properties Major Corporate Presence: Publix Super Markets: Florida's grocery giant is investing $121 million in a cutting-edge 190,000 sqft technology campus in downtown Lakeland, creating 200 high-tech jobs. This hometown corporate headquarters expansion validates Lakeland's ascent as a business capital. Amazon Air: The e-commerce behemoth operates a $100 million cargo facility at Lakeland International, processing shipments for the entire I-4 corridor and creating a robust ecosystem of supporting businesses. Lakeland Central Park: The $750 million, 740-acre industrial mega-project broke ground on Phase II in December 2025, ultimately delivering up to 5 million square feet of Class A industrial space. This represents one of Central Florida's largest commercial developments ever undertaken. ZONING & DEVELOPMENT FLEXIBILITY: BPC-1 COMMERCIAL/INDUSTRIAL The property's BPC-1 (Business Park Commercial) PUD4177 zoning provides exceptional flexibility for diverse uses, including: Water & Sewer are located at the Southeast Corner of the property.

Property details

MLS #
MFRL4959325
Property type
Mixed Use
Subdivision
WARING ESTATES
Status
Active
Days on market
N/A
On market date
February 10, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
6.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
R. BRUCE WAGNER ELEMENTARY SCHOOL
1.95 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
901
Student:teacher ratio
17.3:1
District
POLK
Middle
SOUTHWEST MIDDLE SCHOOL
2.52 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
806
Student:teacher ratio
16.1:1
District
POLK
HighCharter
MCKEEL ACADEMY OF TECHNOLOGY
4.07 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,722
Student:teacher ratio
22.1:1
District
POLK

Walkability

Blended score for LAKELAND's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

50
Somewhat walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable

Market position

How this listing compares to current activity in LAKELAND, from live MLS data.

On the market 0 days -- 79 fewer days than LAKELAND's current average of 79 days.
For reference, the median list price across 1,722 active listings in LAKELAND right now is $309,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$13,399/mo
$440,000 down
$1,760,000 loan
Principal & interest$11,415
Property tax (est.)$1,833
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 11, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.