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    708 Missouri Ave Lakeland, FL 33815

    For Sale
    $385,000

    0.09-acre lot, ideal for redevelopment.

    Property size:
    3,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.09-acre vacant land parcel, located at 708 N Missouri Avenue in Lakeland, Florida (zip code 33815), presents a compelling investment opportunity. The property, encompassing 3,720 square feet, is strategically situated off Parker Street, adjacent to Florida Avenue, a high-traffic area. Its location within the Midtown CRA district, an opportunity zone, offers significant potential for rezoning and development. The combined lots (including additional parcels at 718 N Missouri Ave and 0 N Missouri Ave) provide a substantial footprint for various projects. This prime location near the heart of downtown Lakeland ensures high visibility and accessibility. Prospective buyers are encouraged to conduct thorough due diligence and contact relevant officials to explore the full range of development possibilities. The asking price for this exceptional property is $385,000. This represents a unique chance to acquire a strategically located parcel with immense potential for future growth and return on investment.

    Property Features for 708 Missouri Ave

    General Information

    Property type
    Land
    Square Feet
    3,720 SF
    Lot Size
    3,920 SF

    HighLights

    • 0.09‑acre vacant land parcel (3,720 sq ft) at 708 N Missouri Ave, Lakeland, FL 33815.
    • Strategically located off Parker St, adjacent to high‑traffic Florida Ave.
    • Situated in the Midtown CRA district, an Opportunity Zone, with rezoning potential.
    • Combined lots (including 718 & 0 N Missouri Ave) offer a large development footprint.
    • Prime downtown Lakeland location ensures high visibility and accessibility.
    • Asking price: $385,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    12105
    State
    Florida
    Longitude
    -81.958492
    Latitude
    28.050536

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    FAQs

    What type of property is this?
    Land - 0.09-acre lot, ideal for redevelopment.
    Where is this land located?
    The property is located at 708 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: 0.09-acre vacant land parcel (3,720 sq ft) at 708 N Missouri Ave, Lakeland, FL 33815.; Strategically located off Parker St, adjacent to high-traffic Florida Ave.; Situated in the Midtown CRA district, an Opportunity Zone, with rezoning potential.
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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
    708 Missouri Ave Lakeland, FL 33815
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