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    OFF-MARKET
    Commercial real estate

    318 Skyblue Ln, Auburndale, FL 33823

    152,508 SF 3.5 ac lot Built 1997
    Property ID
    US18-4128116
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1997
    Total area 152,508 SF
    Lot 3.5 ac (152,460 SF)
    UPID US18-4128116
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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