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    119 Allamanda Dr Lakeland, FL 33803

    For Sale
    $575,000

    Well-maintained retail property with established tenants and strong income potential.

    Lot size:
    0.06 Acres

    Property Features for 119 Allamanda Dr

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1953

    Source: BOARDWALK REALTY ASSOCIATES, LLC Agent Amanda Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeland Retail Investment Opportunity

    This retail property, located at 119 Allamanda Drive in Lakeland, presents an investment opportunity. The property features established tenants and provides rental income with long-term leases in place. It is situated just off a high-traffic area, offering customer access and business exposure. The property includes ample parking and solid construction. It is suitable for investors seeking to expand their portfolio or business owners looking for an income-producing asset.
    Insight Report Location Intelligence

    Current Use by Public Records

    Copper Tail Grooming ... Pet Groomer Mattress by Appointment ... Mattress Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9563551
    Latitude
    28.0148663

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail property with established tenants and strong income potential.
    Where is this retail space located?
    The property is located at 119 Allamanda Dr Lakeland, FL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Strong income potential with established tenants and long-term leases.; - Excellent visibility and location just off a high-traffic area.; - Steady tenant occupancy ensuring consistent rental income.
    (310) 554-9364
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    119 Allamanda Dr Lakeland, FL 33803
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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
    119 Allamanda Dr Lakeland, FL 33803
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