1129 Crestview Ave Lakeland, FL 33805
This unique 0.6-acre property in Lakeland, Florida, presents a compelling investment opportunity. The offering includes two buildings totaling 1,675 square feet on a single story, situated on a lot zoned A-1. One building is a 960-square-foot, three-bedroom, one-bathroom home, sold as-is. The second building is a 715-square-foot workshop, offering additional space for various uses. The property's versatile zoning allows for a range of uses, including light manufacturing, warehousing, distribution, or even fruit and vegetable packing. Its location provides convenient access to major transportation routes, enhancing its strategic value. The property also features mature landscaping, including banana, nut, and cacti plants, creating a unique and attractive environment. Built in 1959, this owner-user investment is priced at $419,900, or $250.69 per square foot. Essential utilities are readily available. This combination of industrial space, residential dwelling, and lush landscaping makes this a distinctive and attractive property. The property includes two additional parcels, totaling 0.6 acres.
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
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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.