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    718 Missouri Ave Lakeland, FL 33815

    For Sale
    $385,000

    0.17-acre vacant lot, ideal for redevelopment.

    Property size:
    7,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.17-acre vacant land parcel, located at 718 N Missouri Avenue in Lakeland, Florida (zip code 33815), presents a compelling investment opportunity. Comprising three combined lots totaling 7,440 square feet, this property benefits from a high-traffic location off Parker Street, adjacent to Florida Avenue. Its strategic position within Lakeland's Mid Town CRA district, an Opportunity Zone, offers significant potential for rezoning and development. The property's proximity to downtown Lakeland further enhances its appeal. Given its size and location, this site is well-suited for a variety of commercial or mixed-use projects. Prospective buyers are encouraged to conduct thorough due diligence and contact relevant officials to explore development possibilities. The address includes three combined lots (718 N Missouri Ave, 708 N Missouri Ave, and 0 N Missouri Ave). This is a rare chance to acquire a strategically located parcel in a thriving area of Lakeland. The asking price for this exceptional property is $385,000.

    Property Features for 718 Missouri Ave

    General Information

    Property type
    Land
    Square Feet
    7,440 SF
    Lot Size
    7,405 SF

    HighLights

    • 0.17‑acre vacant land parcel in Lakeland, FL (33815), totaling 7,440 square feet.
    • High‑traffic location off Parker Street, adjacent to Florida Avenue.
    • Located in Lakeland's Mid Town CRA district, an Opportunity Zone, with rezoning potential.
    • Excellent proximity to downtown Lakeland.
    • Suitable for commercial or mixed‑use development.
    • Asking price: $385,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage 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
    12105
    State
    Florida
    Longitude
    -81.958592
    Latitude
    28.050862

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    FAQs

    What type of property is this?
    Land - 0.17-acre vacant lot, ideal for redevelopment.
    Where is this land located?
    The property is located at 718 Missouri Ave Lakeland, FL.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 0.17-acre vacant land parcel in Lakeland, FL (33815), totaling 7,440 square feet.; High-traffic location off Parker Street, adjacent to Florida Avenue.; Located in Lakeland's Mid Town CRA district, an Opportunity Zone, with rezoning potential.
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    718 Missouri Ave Lakeland, FL 33815
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    Lakeland, FL 33815
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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
    718 Missouri Ave Lakeland, FL 33815
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