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    Property profile & analytics

    3929 Florida Ave Lakeland, FL 33813-1117

    • Drive through restaurants
    • 2,454 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $2,760,000
    Last Sale
    Sep 27, 2023
    $2,400,000
    Location Intelligence
    Property ID
    US18-4212020
    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

    • Wendy's / Hamburger Restaurant / Restaurant

    Property Details for 3929 Florida Ave

    Year built
    1976
    Lot size
    0.62 lot acres
    Property size
    2,454 SF
    Zone code
    C-2
    Property type
    Drive through restaurants
    APN
    232901000000012060
    APU
    232901000000012060

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,515,000
      6.5%
      $2,485,000
      7%
      $2,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,330,000
      Geo Method
      $2,355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,720,000
      Retail
      $2,095,000
      Mixed-Use
      $2,095,000
      Hospitality
      $2,220,000
      Educational
      $2,910,000
      Residential Income
      $2,205,000
      Energy
      $2,885,000
      Income-Based Land
      $2,830,000
      Food Service
      $2,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.9574
    Latitude
    27.9925
    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
    $12,681
    $410,378
    $285,257
    $695,635
    -
    $410,378
    $285,257
    $695,635

    Comparable in this City

    • Value Estimation by Request
      4,900 SF

      625 County Rd 540a

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,900 SF
      625 County Rd 540a, Lakeland, FL 33813
      View Details
    • Value Estimation
      $230,000
      400 SF

      4525 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 400 SF
      4525 Florida Ave, Lakeland, FL 33813-2184
      View Details
    • Value Estimation
      $440,000
      2,300 SF

      4720 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,300 SF
      4720 Florida Ave, Lakeland, FL 33813-2165
      View Details
    • Value Estimation by Request
      4,392 SF

      4714 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,392 SF
      4714 Florida Ave, Lakeland, FL 33813-2165
      View Details
    • Value Estimation by Request
      3,332 SF

      4046 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,332 SF
      4046 Florida Ave, Lakeland, FL 33813-1622
      View Details
    • Value Estimation by Request
      5,275 SF

      4805 Florida Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,275 SF
      4805 Florida Ave, Lakeland, FL 33813-2128
      View Details

    Similar Nearby for Sale

    • $3,500,000
      5,901 SF

      Lakeland Restaurant Building For Sale

      Second-generation, renovated restaurant building for sale in Lakeland, Florida.
      5125 S Florida Ave, Lakeland, FL 33813
      View Details
    • $1,600,000
      Pending

      Retail Gas Station Opportunity

      Gas station for sale with high visibility near Wawa.
      5383 S Florida Ave, Lakeland, FL 33813
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    • $30,000

      Established Business Location For Sale

      Prime retail location with established business history in Lakeland, FL.
      2156 E County Rd, Lakeland, FL 33813
      View Details
    • $65,000

      Established Alterations Business For Sale

      Turn-key alterations business with loyal clientele in high-traffic location.
      2160 E County Rd, Lakeland, FL 33813
      View Details
    • $1,600,000
      6,380 SF

      Lakeland Retail Investment Opportunity

      High-visibility Citgo gas station, prime location.
      5383 Florida Ave, Lakeland, FL 33813
      View Details
    • $4,950,000
      11.82 Acres

      Lakeland Commercial Land Investment

      Prime 11.82-acre development site
      5955 Florida Ave, Lakeland, FL 33813
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      9,967 SF

      Lakeland Retail Center Investment

      Prime South Lakeland storefront spaces available.
      6595 Florida Ave, Lakeland, FL 33813
      View Details
    • $18 SF/Yr
      1,500 SF

      Lakeland Retail Center Spaces Available

      Retail spaces for lease in Lakeland commercial center.
      6631-6655 S Florida Ave, Lakeland, FL 33813
      View Details
    • $33,000

      Lakeland Retail/Office Space Available

      Retail and office spaces for lease in Lakeland, Florida.
      3830 S Florida Ave, Lakeland, FL 33813
      View Details
    • $14 SF/Yr
      19,930 SF

      Publix-Anchored Retail Space Available

      Retail space in a high-traffic, well-established shopping center.
      4730-4790 S Florida Ave, Lakeland, FL 33813
      View Details
    • Contact for pricing
      750 SF

      Retail Suites on Florida Avenue

      Retail suites available in high-traffic Lakeland location.
      4233-4311 S Florida Ave, Lakeland, FL 33813
      View Details
    • $45 SF/Yr
      3,870 SF

      S Florida Ave Retail Opportunity

      Brand new, 3,870 SF retail/office building
      5216 Florida Ave, Lakeland, FL 33813
      View Details

    Property Visit Statistics

    • Visits by month
      21.6k
    • Visitors by month
      16.6k
    • Avg Time on site
      11 min
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    3929 Florida Ave
    Lakeland, FL 33813-1117
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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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