1137 Crestview Ave Lakeland, FL 33805
This exceptional Lakeland, Florida mixed-use property presents a unique investment opportunity. Located at 1137 Crestview Avenue, the 0.6-acre site encompasses a 960-square-foot building and two additional parcels (23-28-11-031500-001220 and 23-28-11-031500-001240), totaling 0.6 acres. The property is zoned I-1, making it suitable for a variety of uses, including light manufacturing, warehousing, distribution, fruit or vegetable packing plants, and machine shops. The existing building includes a three-bedroom, one-bathroom home, sold as-is. A workshop is also located on the property, offering additional space for storage or projects. The site boasts convenient access to major highways and transportation hubs, enhancing its logistical appeal. Essential utilities are readily available. Beyond its industrial potential, the property features a surprisingly lush landscape, including banana trees, nut trees, and cacti, creating a distinctive and attractive environment. This combination of industrial functionality and natural beauty makes this a truly unique and compelling investment. The asking price is $450,000.
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.
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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.