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Block Industrial Building

1224 OLIVE Street, Lakeland, FL 33815

For Sale
New
$525,000

Commercial Sale, LAKELAND, FL

Property Size1,600 SF
Lot Size0.28 Acres
Price / SF$328.13
Days on Market3

Property Features for 1224 OLIVE Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I-1
Subdivision SUNSET TERRACE SUB
Directions I-4 E to FL-546 in Lakeland. Take exit 28 from I-4 E Merge onto I-4 E Take exit 28 toward US-92/Lakeland Merge onto FL-546 Turn right onto US-92 W/N Wabash Ave Continue straight onto S Wabash Ave Turn left onto Olive St Destination will be on the right
Standard status Active
APN 23-28-23-102500-001050
Size 1,600 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SUNSET TERRACE SUB PB 7 PG 45 BLK A LOTS 5 W 40 FT & 6
Tax Annual Amount 1631
Legal Description SUNSET TERRACE SUB PB 7 PG 45 BLK A LOTS 5 W 40 FT & 6

Utilities

Cooling system Central Air

Building Details

Year built 1963
Floors in Building 1
Building materials Block
Listing Agency: LPT REALTY, LLC
Listed By: Adrian Langston, PA
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 10:06PM
MLS# O6455144

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,600-square-foot industrial building was constructed in 1963 with block construction and central air. The property occupies a 0.28-acre site and is zoned I-1.

Key Highlights

  • 1,600‑square‑foot industrial building
  • 0.28‑acre site
  • I‑1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Electrical Service Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 33815, FL

15,681
Population
7,646
Households
2.1
Avg Household Size
40
Median Age
11%
College-Educated
80%
High-School Grad
7.4 sq mi
ZIP Area
2,119
Density / Sq Mi
$36,445
Median Household Income
$32,637
Median Earnings
$1,078
Median Rent
$42,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Industrial properties in Lakeland

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Lakeland, FL

7.6% 2019
4.9% 2020
5.9% 2021
3.8% 2022
6.3% 2023
8.9% 2024
6.7% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - The property combines I-1 zoning with central air conditioning.
Where is this industrial property located?
The property is located at 1224 OLIVE Street 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: 1,600‑square‑foot industrial building; 0.28‑acre site; I‑1 zoning
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