HEAVY INDUSTRIAL LAND

(1)

DAVID F. BUNCH, SIOR

863-682-6147 • David@hauger-bunch.com

LISA PARKS ABBERGER, SIOR, AICP

863-682-6147 • Lisa@hauger-bunch.com

116 Gross Acres –

Heavy Industrial Zoning

Divisible:

• West Side: 48 Gross Acres

• East Side:

68 Gross Acres

(Lake & flood zone areas included)

Rail Potential

Municipal Water & Sewer in Area

8.4 Million Population within 80 Miles

PROPERTY HIGHLIGHTS

2 Parcels:

21± and

24± Upland Ac.

CSX Rail Potential • Gas Line at Site

Prairie Mine Road, Mulberry, Florida

HEAVY INDUSTRIAL LAND

Mulberry

To T

_ampa

To T

_ampa

To T

_ampa

To T

_ampa

Prairie Mine Road

East

Parcel

West

Parcel

To Bartow

CSX Railroad

To

Lakeland

To

Lakeland

Church

Ave. N. / Florida

Ave S.

Church

Ave. N. / Florida

Ave S.

CSX Railroad

Martin Martin Marietta Marietta Aggregates Aggregates Mulberry Mulberry Railcar Railcar Repair Repair

TAMPA

ORLANDO

SITE

LAKELAND LAKELAND

(2)

Information concerning this offering is from sources deemed reliable, but no warranty

Identification:

116 Acres Industrial Land, Mulberry

Tax ID:

East Parcels: 23-30-02-000000-013010,

23-30-02-000000-031030,

23-30-02-000000-032090,

23-30-02-000000-032100,

23-30-02-000000-032040,

23-30-02-000000-032050, and

23-30-02-000000-032060

West Parcels: 23-30-02-000000-032030,

23-30-02-000000-032070,

23-30-02-000000-034010,

23-30-02-000000-033020, and 23-30-02-000000-033030

Location:

Prairie Mine Road, Mulberry, Florida 33860

Centered in the

Tampa-Orlando Central Florida Corridor

Lot Size:

Approximately

116 Acres

Taxes:

$7,774.91 (2020)

Zoning:

Industrial

- Polk County

East Side: 3 Acres in East 68 Acre Tract Zoned I-H - City of Mulberry

West Side: 2 Acres in West 48 Acre Tract Zoned I-H - City of Mulberry

Rail:

CSX Railroad

maintains active tracks on the east side of the east parcel,

which had previously contained a turnout. Verify availability.

Utilities:

Water & Sewer - City of Mulberry

Electric - Tampa Electric

(Verify utilities as to availability, location and capacity.)

Comments:

The property is available as a 116 acre unit, divided by Prairie Mine Road,

or divisible to 48 acres, estimated 21± upland acres on the west side of

Prairie Mine Rd., and 68 acres, estimated 24± upland acres on the east

side of Prairie Mine Road.

Further division may be considered

. The properties

consist of uplands, flood zone areas, and lakes. The property adjoins the city

limits of Mulberry. A two acre portion of the west parcel and a 3 acre portion of

the east parcel are inside Mulberry city limits. Highest potential uses:

heavy

manufacturing

,

repair

or

processing

,

warehousing

.

PRICE:

East 68 Acre Parcel

$1,260,000

West 48 Acre Parcel

$1,440,000

Combined 116 Acre Site

PROPERTY OVERVIEW

116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

(3)

Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof. It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.

DAVID F. BUNCH, SIOR

863-682-6147 • David@hauger-bunch.com

LISA PARKS ABBERGER, SIOR, AICP

863-682-6147 • Lisa@hauger-bunch.com

CLOSE UP AERIAL

116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

Former

Railroad

Location

CSX Railroad

Prairie Mine Road

East

Parcel

West

Parcel

48±

Acres

Martin

Marietta

Aggregates

Mulberry

Railcar

Repair

JVS

Cont.

Mobile

Homes

68±

Acres

(4)

116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

East

Parcel

West

Parcel

48±

Acres

68±

Acres

DAVID F. BUNCH, SIOR

863-682-6147 • David@hauger-bunch.com

LISA PARKS ABBERGER, SIOR, AICP

863-682-6147 • Lisa@hauger-bunch.com

Prairie Mine Rd.

6” Water Line

6” Sanitary Sewer Line

WATER & SEWER

CLOSEST CONNECTIONS

(5)

Polk Parkway

N. Church A

ve.

N. Church A

ve.

TO BARTOW

TO TAMPA

SITE

MULBERRY

LAKELAND

SR 37

S. Florida

Ave.

S. Florida

Ave.

Co. Line Rd.Co. Line Rd.

7.5 Miles

5.7 Miles

7 Miles

EXIT

25

25 116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

DISTANCE AERIAL

(6)

DAVID F. BUNCH, SIOR

863-682-6147 • David@hauger-bunch.com

LISA PARKS ABBERGER, SIOR, AICP

863-682-6147 • Lisa@hauger-bunch.com

116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

FLOOD ZONES

East 68 Acres

West 48 Acres

Martin

Marietta

Aggregates

Mulberry

Railcar

Repair

JVS

Cont.

Mobile Homes

LAKE

Source: Polk County GIS Map Viewer

= Flood Zone AE: Area Inundated by 100-yr Flooding

= Flood Zone X5: 0.2 PCT Annual Chance Flood Hazard

(7)

DAVID F. BUNCH, SIOR

863-682-6147 • David@hauger-bunch.com

LISA PARKS ABBERGER, SIOR, AICP

863-682-6147 • Lisa@hauger-bunch.com

116+ Gross Acres - All or Part

CSX Rail Potential

HEAVY INDUSTRIAL LAND

EXECUTIVE SUMMARY

Hauger-Bunch Realtors, Inc. |

415 South Kentucky Avenue • Lakeland, Florida 33801

Executive Summary

Prairie Mine Rd, Mulberry, Florida, 33860 2 Prepared by Esri Prairie Mine Rd, Mulberry, Florida, 33860 Latitude: 27.90192 Rings: 25, 50, 80 mile radii Longitude: -81.98441

25 miles 50 miles 80 miles

Population 2000 Population 730,480 3,232,717 5,660,875 2010 Population 929,685 3,987,079 6,907,700 2020 Population 1,114,073 4,783,464 8,208,312 2025 Population 1,205,821 5,188,331 8,887,535 2000-2010 Annual Rate 2.44% 2.12% 2.01% 2010-2020 Annual Rate 1.78% 1.79% 1.70% 2020-2025 Annual Rate 1.60% 1.64% 1.60% 2020 Male Population 49.0% 48.7% 48.8% 2020 Female Population 51.0% 51.3% 51.2% 2020 Median Age 38.7 41.4 43.0 In the identified area, the current year population is 8,208,312. In 2010, the Census count in the area was 6,907,700. The rate of change since 2010 was 1.70% annually. The five-year projection for the population in the area is 8,887,535 representing a change of 1.60% annually from 2020 to 2025. Currently, the population is 48.8% male and 51.2% female.

Median Age

The median age in this area is 38.7, compared to U.S. median age of 38.5.

Race and Ethnicity

2020 White Alone 70.6% 72.7% 73.6% 2020 Black Alone 15.5% 13.3% 13.3% 2020 American Indian/Alaska Native Alone 0.4% 0.4% 0.4% 2020 Asian Alone 2.7% 3.6% 3.4% 2020 Pacific Islander Alone 0.1% 0.1% 0.1% 2020 Other Race 7.1% 6.4% 5.8% 2020 Two or More Races 3.6% 3.5% 3.3% 2020 Hispanic Origin (Any Race) 25.3% 26.2% 23.9% Persons of Hispanic origin represent 23.9% of the population in the identified area compared to 18.8% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 64.3 in the identified area, compared to 65.1 for the U.S. as a whole.

Households 2020 Wealth Index 83 89 91 2000 Households 272,032 1,310,543 2,312,554 2010 Households 341,272 1,579,254 2,782,260 2020 Total Households 402,706 1,861,725 3,258,373 2025 Total Households 433,685 2,007,225 3,512,986 2000-2010 Annual Rate 2.29% 1.88% 1.87% 2010-2020 Annual Rate 1.63% 1.62% 1.55% 2020-2025 Annual Rate 1.49% 1.52% 1.52% 2020 Average Household Size 2.72 2.53 2.48 The household count in this area has changed from 2,782,260 in 2010 to 3,258,373 in the current year, a change of 1.55% annually. The five-year projection of households is 3,512,986, a change of 1.52% annually from the current year total. Average household size is currently 2.48, compared to 2.43 in the year 2010. The number of families in the current year is 2,099,986 in the specified area.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 or more owner-occupied housing units.

(8)

Executive Summary

Prairie Mine Rd, Mulberry, Florida, 33860 2 Prepared by Esri Prairie Mine Rd, Mulberry, Florida, 33860 Latitude: 27.90192

Rings: 25, 50, 80 mile radii Longitude: -81.98441

25 miles 50 miles 80 miles

Mortgage Income

2020 Percent of Income for Mortgage 13.9% 16.0% 16.5%

Median Household Income

2020 Median Household Income $57,650 $56,591 $56,110

2025 Median Household Income $62,111 $60,972 $60,245

2020-2025 Annual Rate 1.50% 1.50% 1.43%

Average Household Income

2020 Average Household Income $77,795 $80,176 $79,565

2025 Average Household Income $86,705 $89,114 $88,190

2020-2025 Annual Rate 2.19% 2.14% 2.08%

Per Capita Income

2020 Per Capita Income $28,216 $31,320 $31,672

2025 Per Capita Income $31,273 $34,584 $34,940

2020-2025 Annual Rate 2.08% 2.00% 1.98%

Households by Income

Current median household income is $56,110 in the area, compared to $62,203 for all U.S. households. Median household income is projected to be $60,245 in five years, compared to $67,325 for all U.S. households

Current average household income is $79,565 in this area, compared to $90,054 for all U.S. households. Average household income is projected to be $88,190 in five years, compared to $99,510 for all U.S. households

Current per capita income is $31,672 in the area, compared to the U.S. per capita income of $34,136. The per capita income is projected to be $34,940 in five years, compared to $37,691 for all U.S. households

Housing

2020 Housing Affordability Index 163 142 138

2000 Total Housing Units 308,486 1,503,591 2,653,780

2000 Owner Occupied Housing Units 200,624 923,452 1,657,681 2000 Renter Occupied Housing Units 71,409 387,091 654,873

2000 Vacant Housing Units 36,453 193,048 341,226

2010 Owner Occupied Housing Units 237,520 1,061,384 1,905,624 2010 Renter Occupied Housing Units 103,752 517,870 876,635

2020 Owner Occupied Housing Units 274,537 1,213,327 2,158,176 2020 Renter Occupied Housing Units 128,169 648,398 1,100,196

2025 Owner Occupied Housing Units 297,224 1,303,697 2,322,067 2025 Renter Occupied Housing Units 136,460 703,528 1,190,919

Currently, 55.9% of the 3,859,889 housing units in the area are owner occupied; 28.5%, renter occupied; and 15.6% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 3,353,184 housing units in the area - 56.8% owner occupied, 26.1% renter occupied, and 17.0% vacant. The annual rate of change in housing units since 2010 is 6.45%. Median home value in the area is $221,815, compared to a median home value of $235,127 for the U.S. In five years, median value is projected to change by 2.71% annually to $253,592.

Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50 Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof.

It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.