Auto Lot with Two
1701 W Memorial Blvd Lakeland, FL 33815
1701 W Memorial Blvd, Lakeland, FL, 33815
Contact for pricing
For Sale
Contact for pricing
Fenced 0.63-acre commercial site with two buildings and access points on a high-traffic corridor.
Property Size2,520 SF
Lot Size0.63 Acres
Price / SF$192.46
Days on Market14
Property Features for 1701 W Memorial Blvd
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.63 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
William D. Besselieu
(813) 263-5854
Listed by
William D Besselieu
(813) 263-5854
Source
Moodyscre
Added: Jul 8 Updated: Jul 20 at 6:30 pm Checked: Jul 20 at 6:30 pm
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 William D. Besselieu
Investment Insights
Based on property information with market context.
This fenced commercial parcel offers two small buildings totaling 2,520 SF and has been used for auto sales with a contractor office and yard. The site includes multiple access points and is positioned as a flexible auto-oriented property with potential industrial or retail use under the provided zoning description.
Located in unincorporated Polk County, the property sits on a linear commercial corridor with FDOT-reported AADT of 30,000+ for the area. The property is described as a corner location with good visibility and is across the street from Lakeland Ford.
Utilities are provided by Polk County for water and sewer, with electricity supplied by Lakeland Electric. The property is listed in Flood Zone “X.”
Located in unincorporated Polk County, the property sits on a linear commercial corridor with FDOT-reported AADT of 30,000+ for the area. The property is described as a corner location with good visibility and is across the street from Lakeland Ford.
Utilities are provided by Polk County for water and sewer, with electricity supplied by Lakeland Electric. The property is listed in Flood Zone “X.”
Key Highlights
- Fenced 0.63‑acre commercial site with 2 buildings totaling 2,520 SF (1,440 SF and 1,080 SF).
- Linear commercial corridor zoning with potential uses listed as industrial/retail.
- FDOT AADT traffic count of 30,000+ cars per day on the high‑traffic corridor.
Local Financial Insights For Office B
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 | $52.9k | $21.00 |
| − Vacancy | −$11.6k | −$4.62 |
| EGI | $41.3k | $16.38 |
| − OpEx | −$10.3k | −$4.10 |
| NOI | $31.0k | $12.29 |
2,520 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$442.3K
$387.0K – $516.0K
NOI $30,958 @ 7.0% cap · market cap 6.38%
Second Best
Retail
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$605.6K
$529.9K – $706.5K
NOI $42,390 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
W.D.Hutchinson Construction LLC
Roofing Company
Similar For Sale Nearby
Similar Off Market Nearby
- Wesco Tire Service — 445 N Wabash Ave, Lakeland, FL 33815
- Wabash Tire Shop — 624 N Wabash Ave, Lakeland, FL 33815
- Aneeda Tire — 2120 azalea ct, lakeland, fl 33815
- Complete Diesel Repair — 522 N Wabash Ave, Lakeland, FL 33815
- H C Tires — 624 n wabash ave, lakeland, fl 33815
FAQs
What type of property is this?
Auto shop - Fenced 0.63-acre commercial site with two buildings and access points on a high-traffic corridor.
Where is this auto shop located?
The property is located at 1701 W Memorial Blvd Lakeland, FL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Fenced 0.63‑acre commercial site with 2 buildings totaling 2,520 SF (1,440 SF and 1,080 SF).; Linear commercial corridor zoning with potential uses listed as industrial/retail.; FDOT AADT traffic count of 30,000+ cars per day on the high‑traffic corridor.
