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Fenced Auto Flex Property
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1701 W Memorial Blvd, Lakeland, FL 33815

Fenced 0.63-acre site with two buildings used for auto sales and a contractor office/yard.

Property Size2,520 SF
Lot Size0.63 Acres
Price / SF$192.46
Days on Market24

Property Features for 1701 W Memorial Blvd

General Information

Standard status Active
Size 2,520 SF
Lot size 0.63 Acres
Property subtype INDUSTRIAL
Zoning Linear commercial corridor

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes
Listing Agency: William D. Besselieu
Listed By: William D Besselieu
Source: Moodyscre
Added: Jul 8 Changed: Jul 26 Last Checked: Jul 31 at 12:38PM

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 for-sale flex/industrial property is set on a fenced 0.63-acre parcel with two separate buildings totaling 2,520 square feet. The buildings have been used for auto sales and a contractor office and yard, and the property includes multiple access points suitable for a business that needs direct site entry and clear operations space.

The site is located in unincorporated Polk County on a linear commercial corridor with FDOT traffic counts reported at 30,000+ AADT. It is positioned with corner location and visibility, and it is across the street from Lakeland Ford. Water and sewer are provided by Polk County, with electricity supplied by Lakeland Electric. The property is in Flood Zone “X.”

Zoning supports industrial and retail potential for buyers seeking a flexible setup with two structures on a commercially zoned, high-traffic parcel.

Key Highlights

  • 0.63‑acre fenced parcel in unincorporated Polk County with linear commercial corridor zoning
  • Two buildings totaling 2,520 SF: Building 1 (1,440 SF) and Building 2 (1,080 SF)
  • Previously used for auto sales and contractor office/yard—potential for industrial/retail uses

Financial Insights For Retail

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 $43.8k $17.40
− Vacancy −$3.4k −$1.36
EGI $40.4k $16.04
− OpEx −$12.1k −$4.81
NOI $28.3k $11.23
2,520 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$404.3K
$353.7K – $471.7K (±1% cap)
NOI $28,299 @ 7.0% cap · market cap 5.83%
Second Best
Flex RnD
$193.8K
$169.5K – $226.1K (±1% cap)
NOI $13,563 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$605.6K
$529.9K – $706.5K (±1% cap)
NOI $42,390 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

W.D.Hutchinson Construction LLC Roofing Company

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy 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.

Lease Details

Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby
Under-served
Demand for This Use

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

Market

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
Rey
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Similar Off Market Nearby

  • Essential Catering Solutions, Inc. 1620 W Parker St, Lakeland, FL 33815

Frequently Asked Questions

What type of property is this?
Flex space - Fenced 0.63-acre site with two buildings used for auto sales and a contractor office/yard.
Where is this flex space 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: 0.63‑acre fenced parcel in unincorporated Polk County with linear commercial corridor zoning; Two buildings totaling 2,520 SF: Building 1 (1,440 SF) and Building 2 (1,080 SF); Previously used for auto sales and contractor office/yard—potential for industrial/retail uses
(813) 263-5854 Call to check price and availability
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