0 Commonwealth Ave Lakeland, FL 33868
This exceptional 33868 Lakeland property, located at 0 N Commonwealth Ave, presents a unique investment opportunity. Currently operating as a successful nursery, this combined lot (A-208 and A-209) boasts fertile soil naturally enriched by seasonal rainfall. The property is zoned agricultural, offering significant flexibility for a variety of uses beyond its current operation. The existing nursery infrastructure provides a solid foundation for a continued nursery business, allowing for immediate revenue generation. Alternatively, the land is well-suited for cultivating other local crops, or exploring alternative development possibilities. Previous harvests have been successfully completed, leaving the land ready for immediate use. The strategic location, surrounded by other thriving nurseries, further enhances its potential. Owner financing is available, making this an attractive proposition for buyers seeking a versatile property with significant upside. The property's location in Polk County, Florida, offers easy access to transportation routes and local amenities. This is a rare chance to acquire a productive and adaptable property with a proven track record. The asking price is $31,900.
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.