3606 Us-92 Lakeland, FL 33801
This exceptional 7,566 square foot commercial redevelopment opportunity sits on a 3.05-acre lot in Lakeland, Florida, boasting a prime location on US Highway 92E. The property currently features three buildings housing four month-to-month tenants, generating immediate rental income while you plan your future development. This mixed-use, special-purpose property is zoned LCC-Linear Commercial Corridor, offering flexibility for various redevelopment projects. The asking price is $749,034, translating to $99 per square foot. Strategically located between Lakeland and Auburndale, this property enjoys convenient access to the Polk Parkway, just 2.5 miles away. The high traffic count on US Highway 92E ensures excellent visibility and accessibility for any future business. This is a rare chance to acquire a well-situated, income-producing property with significant redevelopment potential in a thriving Florida market. The gross lease structure simplifies management, and the multi-tenant setup provides a diversified income stream. Don't miss this chance to capitalize on this lucrative investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.