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    Property profile & analytics

    218 Memorial Blvd Lakeland, FL 33801-1765

    • Auto shops
    • 4,418 SF
    • 0.39 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Last Sale
    Apr 12, 2023
    $400,000
    Location Intelligence
    Property ID
    US18-8874929
    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

    • Car Tech / Engine Rebuilding Service / Mechanic
    • Guardian Ignition Interlock / Electronics Manufacturer / Auto Electrical Service

    Property Details for 218 Memorial Blvd

    Year built
    1973
    Lot size
    0.39 lot acres
    Property size
    4,418 SF
    Zone code
    C-2
    Property type
    Auto shops
    APN
    242807170500003010
    APU
    242807170500003010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $405,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $290,000
      Mixed-Use
      $300,000
      Hospitality
      $375,000
      Educational
      $380,000
      Residential Income
      $305,000
      Energy
      $380,000
      Income-Based Land
      $335,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9556
    Latitude
    28.0553
    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
    $3,677
    $193,879
    $7,844
    $201,723
    -
    $193,879
    $7,844
    $201,723

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      909 Massachusetts Ave

      AUTO REPAIR, GARAGE • 2,400 SF
      909 Massachusetts Ave, Lakeland, FL 33801-1749
      View Details
    • Value Estimation by Request
      2,218 SF

      2402 Us Hwy 92nd E

      AUTO REPAIR, GARAGE • 2,218 SF
      2402 Us Hwy 92nd E, Lakeland, FL 33801-2680
      View Details
    • Value Estimation by Request
      2,968 SF

      1003 Combee Rd

      AUTO REPAIR, GARAGE • 2,968 SF
      1003 Combee Rd, Lakeland, FL 33801
      View Details
    • Value Estimation
      $315,000
      16,385 SF

      611 Alicia Rd

      AUTO REPAIR, GARAGE • 16,385 SF
      611 Alicia Rd, Lakeland, FL 33801-2109
      View Details
    • Value Estimation
      $360,000
      5,418 SF

      830 Memorial Blvd

      AUTO REPAIR, GARAGE • 5,418 SF
      830 Memorial Blvd, Lakeland, FL 33801
      View Details
    • Value Estimation
      $220,000
      1,708 SF

      405 Lk Parker Ave

      AUTO REPAIR, GARAGE • 1,708 SF
      405 Lk Parker Ave, Lakeland, FL 33801-5713
      View Details

    Similar Nearby for Sale

    • $359,000
      Pending

      Lakeland Warehouse/Workshop Units For Sale

      Eight-unit warehouse/workshop on .27 acre lot with frontage.
      1641 N Combee Rd, Lakeland, FL 33801
      View Details
    • $519,000
      9,150 SF

      Lakeland Warehouse with Auto Shop

      Warehouse with auto shop, spray booth, frame machine, and lift.
      1817 Fish Hatchery Rd, Lakeland, FL 33801
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    • $519,000
      9,150 SF

      Lakeland Warehouse with Income Potential

      Warehouse property suitable for business growth or rental income.
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    • New
      $899,000
      4,980 SF

      Lakeland Warehouse Ideal for Automotive

      Versatile 4,980 SF building on 0.51 acres in Lakeland.
      125 Complex Dr, Lakeland, FL 33801
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    • $975,000
      4,253 SF

      Lakeland Restaurant Opportunity For Sale

      Fully operational restaurant with building, land, and equipment for sale.
      3415 E County Road 542, Lakeland, FL 33801
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    Similar Nearby for Lease

    • New
      $3,950 /Mo
      2,040 SF

      Highway 92 Commercial Building

      2,040 SF commercial building on Highway 92 in Lakeland.
      2221 Us Highway 92 E, Lakeland, FL 33801
      View Details
    • $10 SF/Yr
      45,130 SF

      Lakeland Retail Center Opportunity

      Prime Lakeland retail space, multiple units available.
      917 Memorial Blvd, Lakeland, FL 33801
      View Details
    • $107,360

      Restaurant Space with Fusion Cuisine

      Restaurant space with 4COP license, equipment, and inventory.
      116 S Tennessee Ave, Lakeland, FL 33801
      View Details
    • $2,500 /Mo
      2,006 SF

      Prime Commercial Space in Lakeland

      2000 sqft commercial unit suitable for retail or office.
      2113 S Combee Rd, Lakeland, FL 33801
      View Details
    • Contact for pricing
      35,750 SF

      Lakeland Warehouse with Showroom Space

      Warehouse with showroom space available for lease in Lakeland.
      2210 Commerce Point Dr, Lakeland, FL 33801
      View Details
    • Contact for pricing
      1,250 SF

      Lakeland Wholesale/Retail Warehouse Space

      Ground-level warehouse space for lease in Lakeland, Florida.
      2226 Combee Rd, Lakeland, FL 33801
      View Details
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    218 Memorial Blvd
    Lakeland, FL 33801-1765
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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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