3510 Cleveland Hts Blvd Lakeland, FL 33803-4902
- Grocery and convenience stores
- 4,176 SF
- 0.84 lot acres
Current Use by Public Records
- Chevron/Lucky Market / Gas Station
- CoinFlip Bitcoin ATM / Atm / Bank
- Chevron gas / Gas Station
Property Details for 3510 Cleveland Hts Blvd
- Year built
- 1989
- Lot size
- 0.84 lot acres
- Property size
- 4,176 SF
- Zone code
- PUD
- Property type
- Grocery and convenience stores
- APN
- 242831261000000521
- APU
- 242831261000000521
Description
This exceptional investment opportunity presents a 4,176 square foot C-Store and Gas Station situated on a 0.84-acre lot at 3510 Cleveland Heights Boulevard in Lakeland, Florida. The property is ideally positioned for high visibility and accessibility, benefiting from significant daily traffic flow. The legal description is HALLAM & CO SUB PB 1 PG 101A LOT 52 THE N 165 FT OF W 263 FT LESS RD R\/W. This established business offers a turnkey operation with immediate income potential, making it an attractive proposition for savvy investors seeking a profitable venture in a thriving market. The property's size and location provide ample space for potential expansion or redevelopment, allowing for further growth and increased revenue streams. The asking price is $1,200,000. Serious inquiries only. Prospective buyers are strongly encouraged to conduct their own due diligence to verify all aspects of the property and its operational details to ensure it aligns with their investment goals and expectations. This includes, but is not limited to, reviewing financial records, conducting market research, and verifying zoning regulations. The property is sold "as is."
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $365,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $445,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $400,000
- Mixed-Use
- $415,000
- Hospitality
- $375,000
- Educational
- $395,000
- Residential Income
- $385,000
- Energy
- $315,000
- Income-Based Land
- $425,000
- Food Service
- $425,000
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Polk
- State
- Florida
- Longitude
- -81.9483
- Latitude
- 28.0002
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA