Trust Owned Property summary
This exceptional value-add opportunity presents a two-story, 6,300-square-foot mixed-use building situated in the heart of Downtown Lakeland, Florida. Currently 50% occupied, this property offers significant upside potential through leasing the vacant second floor. The building boasts a strong anchor tenant, Fidelity National Financial, a Fortune 500 company, occupying 25% of the space. All leases are NNN, meaning tenants cover common area maintenance, insurance, and taxes. First-floor… tenants enjoy separate entryways and prominent street signage on East Main Street, a high-traffic location with over 24,700 vehicles per day passing nearby. Built in 1910 and renovated in 1995, this property sits on a 0.08-acre lot and offers ample street parking and proximity to public parking lots. The building's prime downtown location provides easy access to Lake Mirror and other downtown amenities. Lakeland's thriving economy, coupled with Florida's favorable tax environment and a growing population (projected 8% increase within 5 miles by 2027), makes this a compelling investment. The property's current Net Operating Income (NOI) is $46,758, yielding a 5.22% cap rate, and is offered at an asking price of $895,000. This is a rare chance to acquire a well-located, multi-tenant property with substantial growth potential in a rapidly developing market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,060 SF
- Lot area
- 0.17 ac
- Year built
- 1925
- Stories
- 1
- APN
- 232813069500000020
- Assessed value · 2023
- $324,562
- Annual tax · 2023
- $6,131
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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