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Property profile & analytics

1224 Olive St Lakeland, FL 33815-4320

  • Specialty properties
  • 1,600 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Jan 23, 2025
$325,000
Value Estimations
$300,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-8308060
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Specialty properties

Property Details for 1224 Olive St

Year built
1963
Lot size
0.28 lot acres
Property size
1,600 SF
Property type
Specialty properties
APN
232823102500001050
APU
232823102500001050

Description

This exceptional mixed-use property in Lakeland, Florida, presents a unique investment opportunity. Located at 1224 Olive St, 33815, this building boasts 1,600 square feet of meticulously renovated space, completed in 20223. The property features seven private offices, each equipped with individual mailboxes and secure keypad entry, providing both privacy and security for tenants. An additional room, complete with salon wash bowls, offers versatile functionality as a break room or extra office space. The substantial 11,988 square foot lot provides ample room for expansion, allowing for the addition of more buildings or the expansion of existing structures to accommodate future growth. This property is ideally suited for investors seeking a strong return or entrepreneurs looking to establish a thriving business in a prime Lakeland location. The building's recent renovation ensures modern amenities and low maintenance costs, making it an attractive proposition for a variety of commercial ventures. The property's location in Polk County offers easy access to major transportation routes and a vibrant local economy. This is a rare opportunity to acquire a well-maintained, versatile commercial property with significant growth potential. The asking price is $390,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $300,000
    ML approach
    $240,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lakeland
County
Polk
State
Florida
Longitude
-81.9746
Latitude
28.0391
CBSA code
29460
CBSA name
LAKELAND, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$25,779
$33,049
$58,828
-
$25,779
$33,049
$58,828
More about this property
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