2425 Memorial Blvd Lakeland, FL 33815
- Grocery and convenience stores
- 5,150 SF
- 0.92 lot acres
Current Use by Public Records
- Circle K / Convenience Store / Atm
- Lakeland ojo / Bed & Breakfast
- Cardtronics ATM / Atm
Property Details for 2425 Memorial Blvd
- Year built
- 1985
- Lot size
- 0.92 lot acres
- Property size
- 5,150 SF
- Property type
- Grocery and convenience stores
- APN
- 232810000000022010
- APU
- 232810000000022010
Description
This 0.92-acre property, located at the highly visible northeast corner of Memorial Boulevard (25,000 vehicles per day) and Chestnut Road in Lakeland, Florida, presents a unique investment opportunity. The 2,600 square foot building, constructed in 1985, sits on a 40,024 square foot lot and is classified as a Class B retail space. Importantly, the property cannot be used as a gas station or convenience store. Its prime location offers excellent frontage and visibility on both streets, benefiting from its proximity to Interstate 4 (less than one mile east with a full interchange) and Kathleen High School (over 2,000 students). A prominent pylon sign on Memorial Boulevard enhances visibility. The asking price is $850,000, translating to $326.92 per square foot. The fee-simple ownership provides complete control and potential for diverse redevelopment options, given its strategic location and high traffic counts. The property's zoning and permitted uses should be independently verified. This presents a compelling opportunity for investors seeking a high-visibility retail space in a densely populated area with significant traffic flow. The property's past use as a gas station and convenience store does not restrict future uses, provided they comply with local zoning regulations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9939
- Latitude
- 28.0553
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
