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    OFF-MARKET
    Retail properties & Spaces

    0 Pipkin Rd, Lakeland, FL 33811

    1.52 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.52-acre commercial lot is situated at the highly visible, signalized intersection of Pipkin Road and Yates Road in southwest Lakeland, Florida (APN: 232909000000023040). Zoned FLU: Neighborhood Activity Center, this property presents a compelling investment opportunity. The asking price is $1,250,000, translating to approximately $822,368 per acre. The area is experiencing significant growth, with plans for 4,000 new housing units and two adjacent apartment communities. Major employers like Geico, Draken, and Lakeland Linder Regional Airport are nearby. The City of Lakeland is currently undertaking a road expansion project on Pipkin Road, promising improved traffic flow and increased accessibility, further enhancing the property's value and appeal. Ideal for a gas station or other retail uses, this location offers exceptional visibility and potential for strong returns. The property's location in Polk County, Florida, zip code 33811, ensures easy access to major transportation routes and a thriving local economy. This prime commercial land parcel is ready for development and poised to benefit from the area's continued expansion.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.52 ac (66,211 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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