High-Visibility Corner Retail
1605 W MEMORIAL Boulevard Lakeland, FL 33815
For Sale
$525,000
SINGLE_FAMILY - LAKELAND, FL
Property Size2,910 SF
Lot Size0.45 Acres
Price / SF$180.41
Days on Market559
Property Features for 1605 W MEMORIAL Boulevard
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C-2
- 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 Description
- WESWEGO SUB UNIT NO 2 PB 12 PG 15 BLK 9 LOTS 1 & 2 & THAT PORTION OF NORTH ST LYING BETWEEN BLK 9 & MEMORIAL BLVD
- Tax Annual Amount
- 2938
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Building materials
- Block
Listing Agency:
LA ROSA REALTY LLC
(321) 939-3748
Listed By:
Earl Moore Jr. · License #3314553
(813) 803-0337
Added: Jan 13, 2025
Changed: Jul 24
Last Checked: Jul 26 at 3:06AM
MLS# TB8338134
Copyright © 2026 Stellar 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 retail property offers 2,910 square feet of space on a 0.45-acre lot. The listing describes a high-visibility corner location suitable for a range of business opportunities, subject to applicable use requirements.
The property is located at 1605 W Memorial Boulevard in Lakeland, Florida (33815), in Polk County. The asset is zoned C-2, which should be reviewed for permitted uses and requirements before proceeding.
For buyers or tenants evaluating retail options, this offering presents a standalone parcel configured for commercial use, with the key differentiator being its corner positioning and C-2 zoning.
The property is located at 1605 W Memorial Boulevard in Lakeland, Florida (33815), in Polk County. The asset is zoned C-2, which should be reviewed for permitted uses and requirements before proceeding.
For buyers or tenants evaluating retail options, this offering presents a standalone parcel configured for commercial use, with the key differentiator being its corner positioning and C-2 zoning.
Key Highlights
- 2,910 sq. ft. commercial space on a 0.5‑acre lot at 1605 W Memorial Blvd, Lakeland, FL
- Corner location at 1605 W Memorial Blvd
- Central air cooling
Financial Insights For 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 | $50.6k | $17.40 |
| − Vacancy | −$3.9k | −$1.36 |
| EGI | $46.7k | $16.04 |
| − OpEx | −$14.0k | −$4.81 |
| NOI | $32.7k | $11.23 |
2,910 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$466.8K
$408.5K – $544.7K
NOI $32,679 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
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
FAQs
What type of property is this?
Retail space - Corner retail property for sale in C-2 zoning, with 2,910 sq. ft. on a 0.45-acre lot.
Where is this retail space 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: 2,910 sq. ft. commercial space on a 0.5‑acre lot at 1605 W Memorial Blvd, Lakeland, FL; Corner location at 1605 W Memorial Blvd; Central air cooling
