318 Skyblue Ln, Auburndale, FL 33823
This exceptional 3.5-acre commercial development site, located at 318 Skyblue Lane in Auburndale, Florida (zip code 33823), presents a unique investment opportunity. The property, totaling 152,508 square feet, is priced at $1,500,000, or $9.84 per square foot, and $298,000 per acre. Built in 1997, the land is currently zoned BPC1x and RC, permitting a wide range of commercial uses. Permitted uses include office space, research and development, gas stations, bars, childcare centers, light assembly, and warehouses (up to 50,000 sq ft with a C1 building permit; up to 250,000 sq ft with a C2 site review). Additional permitted uses, following site review, include banks, restaurants, hotels/motels, schools, churches, and retail establishments. The property's strategic location, 2.1 miles from a new Amazon distribution center, offers significant potential for growth. Its proximity to major roadways, including I-4 and the Polk Parkway, and attractions such as Disney World (within a 30-minute drive), further enhances its appeal. The site is also conveniently located near the Teco-Auburndale Trail. Currently featuring a mobile home, the land is otherwise flat, clear, and ready for immediate development. Adjacent parcels are also available for purchase, totaling 33.21 acres of combined commercial land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.