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    1137 Crestview Ave Lakeland, FL 33805

    Sponsored
    For Sale
    $450,000

    Prime Lakeland industrial property, 0.6 acres, home included.

    Property size:
    960 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Lakeland, Florida mixed-use property presents a unique investment opportunity. Located at 1137 Crestview Avenue, the 0.6-acre site encompasses a 960-square-foot building and two additional parcels (23-28-11-031500-001220 and 23-28-11-031500-001240), totaling 0.6 acres. The property is zoned I-1, making it suitable for a variety of uses, including light manufacturing, warehousing, distribution, fruit or vegetable packing plants, and machine shops. The existing building includes a three-bedroom, one-bathroom home, sold as-is. A workshop is also located on the property, offering additional space for storage or projects. The site boasts convenient access to major highways and transportation hubs, enhancing its logistical appeal. Essential utilities are readily available. Beyond its industrial potential, the property features a surprisingly lush landscape, including banana trees, nut trees, and cacti, creating a distinctive and attractive environment. This combination of industrial functionality and natural beauty makes this a truly unique and compelling investment. The asking price is $450,000.

    Property Features for 1137 Crestview Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    960 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.97601
    Latitude
    28.05836

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Lakeland industrial property, 0.6 acres, home included.
    Where is this mixed-use property located?
    The property is located at 1137 Crestview Ave Lakeland, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    (727) 888-4175
    Request Owner's contact information
    1137 Crestview Ave Lakeland, FL 33805
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    Lakeland, FL 33805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1137 Crestview Ave Lakeland, FL 33805
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