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Property profile

1137 Crestview Ave Lakeland, FL 33805

OFF-MARKET
Mixed-use properties
Property ID
US18-3855174
960 SF 0.14 ac lot Built 1959
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1959
Total area 960 SF
Lot 0.14 ac (6,098 SF)
UPID US18-3855174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1137 Crestview Ave Lakeland, FL 33805
Lakeland metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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