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Property profile & analytics
OFF-MARKET Estimated value $1,055,000
Office buildings

1507 Lakeland Hls Blvd Lakeland, FL 33805-3205

5,796 SF 0.59 ac lot Built 2000
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-4447062
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Total area 5,796 SF
Lot 0.59 ac (25,901 SF)
Zoning code O-1
APN 242807173500012130
UPID US18-4447062
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
$1.13M
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.06M
Owner & transaction history
Adaa Real Estate LLC · 5 yrs held
Adaa Real Estate LLC
since 2021
Last sale
$1.1M
4 recorded transactions
2021
$1.1M
1999
$120,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-1 · Lakeland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

) are permitted by right in the RB zoning districts and are Conditional Uses in the MF and O-1 zoning districts. Conditional Uses require Concept Plan review by the Development Review Committee (for more information click here .) Once Concept Plan is done, you will have to apply for a Conditional Use Permit (CUP), which requires a public hearing before the P…

Zone name Office
General category UNKNOWN
Zone area 392.11 ac
Top alternative use upside
Commercial (general) $1.5M +10.7%
Auto repair, garage $1.4M +6.0%
Medical building $1.4M +5.2%
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