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    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 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 is strategically situated off Parker Street, adjacent to Florida Avenue, an area characterized by high vehicular traffic. Its prime location within Lakeland's Mid Town CRA district, designated as an Opportunity Zone, significantly enhances its development potential. The property's proximity to downtown Lakeland further underscores its desirability. Given its size and location, this land offers immense potential for rezoning and various development projects. Interested parties are encouraged to conduct thorough due diligence and consult with relevant authorities to explore the full range of possibilities. Please note that this sale includes three adjacent lots: 718 Missouri Ave and 708 Missouri Ave are included in this offering. The asking price for this exceptional property is $385,000.

    Property Features for 0 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.
    • Strategically located off Parker Street, adjacent to Florida Avenue, in a high‑traffic area.
    • Situated in Lakeland's Mid Town CRA district, an Opportunity Zone, offering significant development potential.
    • Close proximity to downtown Lakeland.
    • Three combined lots (including 718 & 708 Missouri Ave) offered at $385,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lakeland
    County
    12105
    State
    Florida
    Longitude
    -81.95867
    Latitude
    28.05142

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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 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.; Strategically located off Parker Street, adjacent to Florida Avenue, in a high-traffic area.; Situated in Lakeland's Mid Town CRA district, an Opportunity Zone, offering significant development potential.
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    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
    Missouri Ave Lakeland, FL 33815
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