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117 E Memorial Blvd, Lakeland, FL 33801

Commercial land on Memorial Blvd includes two structures totaling 2,262 SF with C-2 and O-1 zoning.

Property Size2,262 SF
Lot Size0.62 Acres
Days on Market121

Property Features for 117 E Memorial Blvd

General Information

Standard status Active
Size 2,262 SF
Lot size 0.62 Acres
Property subtype Land
Zoning C-2

Site & Location

Traffic Count 32,500 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Opportunity Zone Yes
Listing Agency: The Ruthvens
Listed By: Alex Delannoy, SIOR · License #SL3308306
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Ruthvens

Investment Insights

Based on property information with market context.

This commercial land site features two existing structures totaling 2,262 SF under roof. The property is positioned as a flexible location for an auto-related business, or for redevelopment into a QSR, office/medical, or retail plaza.

The site sits at a gateway intersection adjacent to US-92 and US-98, less than one mile north of Downtown Lakeland, with 32,500 cars per day on Memorial Blvd (as noted in the marketing remarks). The front parcels are zoned C-2, while the back parcels carry O-1 zoning.

Currently, the property has a tenant, Hertz, with a lease through December 31, 2021 and no options; renewal may be possible and the listing agent should be contacted for details. The property is located in a federal opportunity zone and within the Lakeland CRA/Core, where non-utilities impact fees are waived. City of Lakeland utilities are available on site. The marketing remarks indicate the C-2/ O-1 zoning supports a wide range of commercial activities, including fast food, retail, offices, walk-in clinics, auto sales and maintenance, convenience stores, pharmacies, dry cleaners, and other commercial uses. Refer to the City Land Use Table for additional guidance on permitted uses.

Key Highlights

  • 0.62‑acre site on Memorial Blvd at the US‑92 & US‑98 gateway intersection, less than 1 mile north of Downtown Lakeland (32,500 cars/day on Memorial Blvd).
  • Two existing structures totaling 2,262 SF under roof—potential for auto‑related use or redevelopment.
  • Zoned C‑2 in front with O‑1 zoning on the back parcels, with a wide range of permitted commercial uses.

Property Analytics

Current Use

Dollar Car Rental ... Car Rental Facility Thrifty Car Rental ... Car Rental Facility

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Storage Facility Garden Center Carpet & Flooring Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 33801, FL

36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land on Memorial Blvd includes two structures totaling 2,262 SF with C-2 and O-1 zoning.
Where is this commercial land located?
The property is located at 117 E Memorial Blvd Lakeland, FL.
What are key features of this property?
This property features: 0.62‑acre site on Memorial Blvd at the US‑92 & US‑98 gateway intersection, less than 1 mile north of Downtown Lakeland (32,500 cars/day on Memorial Blvd).; Two existing structures totaling 2,262 SF under roof—potential for auto‑related use or redevelopment.; Zoned C‑2 in front with O‑1 zoning on the back parcels, with a wide range of permitted commercial uses.
(863) 577-1234 Call to check price and availability
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