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Property profile & analytics
FOR SALE
Medical Office Space

1815 Crystal Lk Dr Lakeland, FL 33801-5979

16,928 SF 0.77 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-4254251
Property summary
AI-generated overview

This exceptional 15,427-square-foot medical office building, situated on a 0.77-acre lot at 1815 Crystal Lake Drive in Lakeland, Florida (33801), presents a unique investment opportunity. Built in 1959 and renovated in 1997, this Class B property features a two-story structure with one suite encompassing the entire building. The entire 15,427 square feet is currently vacant, offering a blank canvas for a single tenant or the potential for subdivision (minimum divisible space is 4,195 square feet, with a maximum contiguous space of 4,195 square feet). The building includes elevators and is zoned O-1. Its prime location at the corner of Meadowbrook Ave. and Crystal Lake Drive offers convenient access to downtown Lakeland, Bartow, I-4 via the Polk Parkway, and surrounding communities. Lakeland's strategic location in central Florida, coupled with its business-friendly environment, proximity to major transportation routes, and access to a skilled workforce, makes this property an attractive investment. The property's concrete construction and existing medical office configuration make it ideal for a variety of healthcare uses. The APN is 24-28-29-248100-001010. This is a rare opportunity to acquire a fully vacant, sizable medical office building in a desirable Lakeland location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1959
Total area 16,928 SF
Lot 0.77 ac (33,332 SF)
Zoning code O-1
APN 242829248100001010
UPID US18-4254251
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
Current use
Occupant on record · Public records
  • Tri County Human Services Charitable Organization Social Service Agency
  • Joene G. Sussex, LCSW Foster Care Service Social Service Agency
  • Becky Razaire, LMHC Counselor Mental Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.98M
Owner & transaction history
Tri County Human Services INC · 2 yrs held
Tri County Human Services INC
since 2023
7 recorded transactions
2023
$4.5M
2020
Price N/A
2020
Price N/A
2005
$1.3M
2005
$1.6M
2005
$265,800
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
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