High-Visibility Corner Commercial
1605 W Memorial Boulevard Lakeland, FL 33815
1605 W Memorial Boulevard, Lakeland, FL, 33815
$525,000
For Sale
$525,000
COMMERCIAL - Lakeland, FL
Property Size2,910 SF
Lot Size0.45 Acres
Price / SF$180.41
Days on Market554
Property Features for 1605 W Memorial Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 23-28-11-033500-009010
- Size
- 2,910 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2938
Building Details
- Year built
- 1964
- Floors in Building
- 1
Listing Agency
La Rosa Realty Llc
(321) 939-3748
Suite 100 1420 Celebration Blvd, Celebration, FL
Listed by
Earl Moore Jr. · License #3314553
(321) 939-3748
Added: Jan 13, 2025 Updated: Jul 16 at 10:27 pm Checked: Jul 21 at 2:06 am
MLS# 11408013
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property at 1605 W Memorial Boulevard in Lakeland, Florida offers 2,910 square feet of space on a 0.45-acre lot. The site is configured as a corner location designed for visibility, supporting a range of commercial uses.
The property is situated in Polk County (ZIP 33815) and benefits from its high-visibility corner frontage. The offering includes the underlying land parcel and the existing building area totaling 2,910 square feet.
For businesses seeking a flexible commercial footprint on a corner lot, this property provides a straightforward combination of building space and usable site area within a well-defined retail/commercial setting.
The property is situated in Polk County (ZIP 33815) and benefits from its high-visibility corner frontage. The offering includes the underlying land parcel and the existing building area totaling 2,910 square feet.
For businesses seeking a flexible commercial footprint on a corner lot, this property provides a straightforward combination of building space and usable site area within a well-defined retail/commercial setting.
Key Highlights
- Commercial property at 1605 W Memorial Blvd, Lakeland, FL, built in 1964
- 2,910 sq. ft. of commercial space
- 0.5‑acre lot
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.1k | $18.60 |
| − Vacancy | −$3.7k | −$1.26 |
| EGI | $50.4k | $17.34 |
| − OpEx | −$12.6k | −$4.33 |
| NOI | $37.8k | $13.00 |
2,910 SF · lease $18.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$540.5K
$472.9K – $630.6K
NOI $37,834 @ 7.0% cap · market cap 7.21%
Second Best
Retail
$466.8K
$408.5K – $544.7K
NOI $32,679 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$699.3K
$611.9K – $815.9K
NOI $48,951 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Archie's Car Wash
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Commercial property for sale at 1605 W Memorial Boulevard, offering 2,910 sq. ft. on a 0.45-acre corner lot.
Where is this car wash located?
The property is located at 1605 W Memorial Boulevard Lakeland, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Commercial property at 1605 W Memorial Blvd, Lakeland, FL, built in 1964; 2,910 sq. ft. of commercial space; 0.5‑acre lot
