NAI Realvest Closes Sale of 22+ Acres of Lakeland Industrial Land for $1.26 Million

LAKELAND, Fla. --- NAI Realvest recently closed the sale of 22.22 acres of industrial land located at 3150 County Line Rd. in Lakeland for $1,260,000.00. NAI Realvest broker associate Drew Saphos, CCIM, chairman George Livingston, principal Christie Alexander, and associate Paul Vera, CCIM negotiated the sale representing the seller, Ozark Automotive Distributors, Inc. c/a O’Reilly Auto Parts based in Springfield, Mo. Gateway Business Park, LLC, c/a The Ruthvens, Inc., a Lakeland-based development firm, purchased the property and was represented in the transaction by David Bunch of Hauger-Bunch, Inc. According to Saphos, The Ruthvens intend to develop the site for speculative industrial product, similar to their Ruthven Business Park on Gateway Boulevard to the northeast.