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    Property profile & analytics

    215 Memorial Blvd Lakeland, FL 33815-1671

    • Drive through restaurants
    • 1,184 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US18-1335067
    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

    • ALCOLOCK Ignition Interlock / Auto Electrical Service / Safety Equipment Supplier
    • Blvd Customs Of Lakeland / Window Tinting Service / Car Stereo Store
    • Montana Capital Car Title Loans / Loan Agency
    • Church's Texas Chicken / Fast Food Restaurant / Chicken Restaurant

    Property Details for 215 Memorial Blvd

    Year built
    1971
    Lot size
    0.23 lot acres
    Property size
    1,184 SF
    Zone code
    C-1
    Property type
    Drive through restaurants
    APN
    232812048500022030
    APU
    232812048500022030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $325,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $270,000
      Mixed-Use
      $310,000
      Hospitality
      $290,000
      Educational
      $350,000
      Residential Income
      $350,000
      Energy
      $290,000
      Income-Based Land
      $280,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9587
    Latitude
    28.0552
    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
    $1,997
    $52,974
    $56,594
    $109,568
    -
    $52,974
    $56,594
    $109,568

    Comparable in this City

    • Value Estimation by Request
      3,625 SF

      2095 Memorial Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,625 SF
      2095 Memorial Blvd, Lakeland, FL 33815-1191
      View Details
    • Value Estimation by Request
      2,750 SF

      2045 Memorial Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,750 SF
      2045 Memorial Blvd, Lakeland, FL 33815-1191
      View Details
    • Value Estimation
      $405,000
      3,036 SF

      1910 Memorial Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,036 SF
      1910 Memorial Blvd, Lakeland, FL 33815-1110
      View Details
    • Value Estimation
      $360,000
      2,084 SF

      2050 Memorial Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,084 SF
      2050 Memorial Blvd, Lakeland, FL 33815-1185
      View Details
    • Value Estimation by Request
      4,056 SF

      1937 George Jenkins Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,056 SF
      1937 George Jenkins Blvd, Lakeland, FL 33815-3759
      View Details
    • Value Estimation
      $450,000
      3,465 SF

      5325 Frontage S Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,465 SF
      5325 Frontage S Rd, Lakeland, FL 33815-0902
      View Details

    Similar Nearby for Sale

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      Lakeland Retail Investment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Wabash Center

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      Lakeland Retail/Office Space Available

      Retail and office spaces for rent in Lakeland, Florida.
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    • Contact for pricing
      9,800 SF

      Lakeland Retail Space For Lease

      9,800 SF Retail Building, 1.14 Acres
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    • Contact for pricing
      705,420 SF

      Lakeland Warehouse and Distribution Center

      Large industrial property with immediate Interstate 4 access in Central Florida.
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    • Contact for pricing
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      Lakeland Warehouse Space Available

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      View Details
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    Lakeland, FL 33815-1671
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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