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    Missouri Ave Lakeland, FL 33805

    For Sale
    $475,000

    0.07-acre lot, ideal for redevelopment.

    Property size:
    3,123 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.07-acre vacant land parcel, located at N Missouri Avenue in Lakeland, Florida (zip code 33805), presents a compelling investment opportunity. Priced at $475,000, this property comprises three combined lots totaling 3,123 square feet, strategically situated off Parker Street, adjacent to Florida Avenue, an area characterized by high vehicular traffic. Its location within the Mid Town CRA district, an opportunity zone near downtown Lakeland, significantly enhances its development potential. The property's prime location and combined lot size offer immense possibilities for rezoning and various development projects. Prospective buyers are encouraged to conduct thorough due diligence and consult with relevant authorities to explore the full range of development options. Note that this sale includes three combined lots, previously identified as separate parcels. The property's coordinates are 28.054156 latitude and -81.9583514 longitude. This is a rare chance to acquire a highly desirable piece of land in a rapidly growing area of Lakeland.

    Property Features for 0 Missouri Ave

    General Information

    Property type
    Land
    Square Feet
    3,123 SF
    Lot Size
    3,049 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeland
    County
    12105
    State
    Florida
    Longitude
    -81.9583514
    Latitude
    28.054156

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    FAQs

    What type of property is this?
    Land - 0.07-acre lot, ideal for redevelopment.
    Where is this land located?
    The property is located at Missouri Ave Lakeland, FL.
    What is the asking price?
    The asking price for this property is $475,000.
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    Missouri Ave Lakeland, FL 33805
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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
    Missouri Ave Lakeland, FL 33805
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