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Property profile & analytics
OFF-MARKET
Mixed-use properties

1231 Lakeland Hills Blvd Lakeland, FL 33805

3,689 SF 0.26 ac lot Built 1953
Property ID
Property summary
AI-generated overview

This exceptional 3,689 square foot mixed-use property sits on a 0.26-acre double lot directly across from Lakeland Regional Medical Center, its Women's Pavilion, and helipad. The highly desirable C-2 zoning allows for a vast array of medical building opportunities. Currently occupied by a thriving pharmacy (business not included in sale), the building offers significant potential for expansion or redevelopment. The existing structure features five offices, a front counter area, four bathrooms, multiple storage bays, a rear open office area, and a breakroom. The property's corner location provides excellent visibility and accessibility, making it ideal for a walk-in clinic, doctor's office, medical group, imaging center, pharmacy, or outpatient surgery center. Significant recent improvements include a new roof (2020) and new air conditioning (2020), minimizing immediate capital expenditure needs. The ample parking provided by the double lot caters to both staff and patients. This is a rare opportunity to acquire a strategically located property in a high-demand medical corridor. The asking price is $3,500,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1953
Total area 3,689 SF
Lot 0.26 ac (11,326 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
Current use
Occupant on record · Public records
  • SUNSHINE PHARMACY Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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