1641 Memorial Blvd Lakeland, FL 33801-2201
This exceptional investment opportunity presents a 3,290-square-foot office building situated on a 0.64-acre lot in Lakeland, Florida. The property boasts a prime location across from Lake Parker, in a thriving commercial area. Currently operating as a daycare center, the building offers immediate income potential with a reliable tenant already in place. This is a turnkey investment, minimizing upfront operational concerns. The property comprises two buildings, providing a total of 3,290 square feet of usable space. The existing lease agreement ensures a consistent revenue stream, making this an attractive option for investors seeking a stable and profitable addition to their portfolio. The 0.64-acre lot provides ample space and potential for future expansion or development. Given its location, existing tenant, and substantial square footage, this property represents a rare opportunity to acquire a high-yield commercial asset in a desirable Lakeland location. The asking price of $375,000 reflects the strong potential return on investment. This is a truly exceptional opportunity for discerning investors seeking immediate income and long-term growth. Serious inquiries are encouraged.
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God Little Helpers Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.