Property profile

3400 Us Hwy 98th N Lakeland, FL 33809

OFF-MARKET
Turn key restaurants
Property ID
US18-5141400
6,939 SF 2.19 ac lot Built 2009
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 6,939 SF
Lot 2.19 ac (95,484 SF)
Zoning code C-3
APN 232736016029000011
UPID US18-5141400

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

3400 Us Hwy 98th N Lakeland, FL 33809-3803
Lakeland metro Census 12126 LAKELAND, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$939k
Blend (final) Blend
$695k

Owner & transaction history

since 2013
7 recorded transactions
2023
Price N/A
2013
$3.6M
2013
$3.3M
2009
Price N/A
2008
Price N/A
2007
$1.9M
1969
Price N/A

Zoning & alternative use

C-3 · Lakeland, FL
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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