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Property profile & analytics
FOR SALE
Commercial real estate

115 W Myrtle St Lakeland, FL 33815

0.17 ac lot
Property ID
US18-0074555
Property summary
AI-generated overview

This exceptional 0.17-acre commercial land parcel, located at 115 W Myrtle St, Lakeland, FL 33815 (APN: 23-28-13-061500-008051), presents a unique investment opportunity. Currently zoned RA-4, the property offers significant potential for redevelopment. The lot measures approximately 62 feet by 119 feet, totaling 7,405 square feet. Its strategic location provides excellent visibility and accessibility, situated near major thoroughfares with high daily traffic counts exceeding 30,000 vehicles. This area boasts a vibrant commercial landscape, making it ideal for a variety of uses, including but not limited to medical facilities, restaurants, or gas stations. The property's designation within an Opportunity Zone further enhances its investment appeal. While the listing focuses on this specific parcel, nearby properties offer additional development possibilities, potentially allowing for combined land acquisition and rezoning. All information should be independently verified with the appropriate authorities. This is a rare chance to acquire a well-positioned commercial lot in a thriving Lakeland location. The asking price is $250,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.17 ac (7,405 SF)
APN 23-28-13-061500-008051
UPID US18-0074555
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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